PBOC sells CNY400 billion via one-year MLF at 2.75%

The People’s Bank of China (PBOC) sold CNY400 billion via one-year medium-term lending (MLF) facility on Monday. The Chinese central bank cut the rate
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S&P 500 Futures retreat from three-month high, yields stay pressured on mixed concerns

Global markets fade the previous week’s optimism as traders await fresh clues from the US Federal Reserve amid mixed feelings during Monday’s Asian se
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