The plunge protection team at work? Or are investors perhaps suddenly feeling optimistic about policy support towards consumption activity moving forward? Or perhaps a bit of both?
As a reminder, China's state council will be holding a press conference next Monday on bolstering consumption activity. If the details are lackluster again, we could see the optimism from today faded. So, just be wary of that.
This article was written by Justin Low at www.forexlive.com. Read More Details
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