This article was first published on FXTM Global.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

Chinese stocks led Asian markets higher at the start of the trading week with the Shanghai Composite attempting to retest this year’s highs, following gains of more than 2.5%. The three major US stock futures indices were all in the green. WTI crude traded 1% higher, while Gold and the US Dollar were flat after slight declines earlier in the session.The issuance of medium-term loans worth 700 billion Yuan by the People's Bank of China (PBOC) and the rollover of loans maturing in August were the main drivers of stocks, in another sign that monetary policy continues to have a significant... Read More

To keep reading this article, please navigate to: FXTM Global.

Tagged on: