China Market Update: Mainland Investors Cheer Loan Prime Rate Cu
Asian equities were mixed overnight as Mainland China outperformed and the US dollar strengthened.
Central Banking1d
PBoC cuts loan prime rates
The one-year loan prime rate (LPR) was cut from 3.35% to 3.1%, while the five-year LPR was lowered from 3.85% to 3.6%, the ...
Get the lowest HELOC rates available in October 2024
At today’s average HELOC rate of 8.88%, which assumes an 80% LTV, borrowing $100,000 on a 10-year repayment term equates to a ...
China reduces benchmark loan prime rates by 25 basis points to boost economy
The headquarters of the People's Bank of China in Beijing Photo: IC. China cut its benchmark lending rates by 25 basis points ...
Oil and Natural Gas Technical Analysis Following PBC’s Rate Cuts
Oil and natural gas prices initiated a rebound after the PBoC’s Loan Prime Rate cuts, but the overall trend remains bearish.
Anadolu Ajansi1d
China lowers interest rate more than forecasts
The People’s Bank of China has lowered its policy interest rate by 25 basis points to 3.1%, according to an official ...