China cuts rates & drives lend-borrow spread to 16-year lows

by Ashraf Laidi

Nov 21, 2014 16:03

China's decision to cut rates for the first time in two and a half years triggered a classic play of boosting global equities, commodities and their currencies, reinforcing investors' preferred play of shorting EUR and GBP vs the Canadian dollar. Full charts & analysis

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China cuts rates & drives lend-borrow spread to 16-year lows - China Rates Nov 21 (Chart 1)

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