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Quick glance at gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Commodities and metals gain on China stimulus by Ipek Ozkardeskaya Chinese markets opened the week higher as PBoC announced the extension of its pilot program on bank lending (launched last year), which should allow banks to pledge assets (incl. loans) to secure PBoC lending. This is expected to provide additional liquidity in the market by facilitating bank lending. The program will first be launched in Shandong and Guangdong provinces and should be expanded to Shanghai, Tianjin, Liaoning,

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