PBOC cuts reserve ratio for all banks by 1 percent

FXStreet (Bali) - The People’s Bank of China announced over the weekend that it has cut the reserve requirement ratio for all banks by 100 basis points on Sunday, a move that represents the second cut in two months, and that comes perhaps earlier than the market had been expecting.

Apr 18, 2015

China House Price Index fell from previous -5.7% to -6.1% in March

ECB's Draghi: It is pointless to go short on the euro

Comments from ECB President Mario Draghi at the IMF & World Bank talks over the weekend in Washington are doing the rounds, with the juiciest one being when referring to the irreversibility of the euro, noting that "it is pointless to go short on the euro."