FMG 0.52% $21.32 fortescue ltd

China turns on the liquidity taps and cuts the reserve ratio,...

  1. 10,263 Posts.
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    China turns on the liquidity taps and cuts the reserve ratio, that could mean a big day tommorow and offers commodities fresh support.

    https://www.bloomberg.com/news/articles/2021-12-06/china-cuts-reserve-requirement-ratio-again-as-economy-slows?srnd=premium-asia

    Poor Piggy and his crash theories, China isn't going to just let their housing market blow up.
    Last edited by convexity: 06/12/21
 
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