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Chinese banks have been advised by the PBOC to reduce dollar deposit rates to promote yuan.
China’s banks lower dollar deposit rates to encourage yuan conversions, reflecting Beijing’s stance on capital control measures.
In February, Italy’s Consumer Price Index matched the anticipated figure of 0.2%.
Italy’s inflation rose 0.2% in February 2025; EUR/USD steady near 1.0400 amid geopolitical concerns and tariffs.
Gold’s decline accelerates, with new levels identified as potential support amidst technical shifts.
Gold declines over 2% this week, breaking gains streak; technical analysis suggests deeper drop amid correction signs.
The Consumer Price Index in Italy recorded a 1.7% year-on-year growth, falling short of expectations.
Italy’s Consumer Price Index in February 2025 grew 1.7%, below market expectations of 1.8%, indicating slower inflation.
The Politburo of China plans proactive policies to boost domestic demand and stabilise markets, amid challenges.
China’s Politburo plans proactive policies, stabilising markets, managing risks, and addressing external shocks amid economic uncertainty.
