Speculation China may end zero-Covid policy

Nov 7, 2022 | Currency, Economy, Money Market

7.11.22 Rumours around an upcoming end to China’s zero-Covid policy dominated price action on Friday, overshadowing nonfarm payrolls, says BNZ Markets this moirning. “Optimism around Chinese reopening led a sharp move higher in the CNH, which flowed through to an almost 3% appreciation in the NZD and AUD, while commodities surged (copper +7%) alongside other […]

 


 

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