China’s Vice-CommMin: Will step up banking credit support to increase imports

China’s Vice-Commerce Minister crossed the wires last hour, via Reuters, noting that China will lower tariff for consumer products and step up the banking credit support to increase the imports.dhw

Nov 2, 2017

Gold risk reversals - bearish bias intact

The one-month 25-delta risk reversals turned negative Oct.24 and hit a low of -0.175 on Oct. 31. Meanwhile, XAU/USD fell to a low of $1263 on Oct. 27

GBP/USD risk reversals shed bearish bias ahead of BOE

The GBP/USD one-month 25 delta risk reversals gauge climbed to -0.525; the highest level since Oct. 5. The recent low of -0.85 was hit on Oct. 6. The