	Symbol	Bid	Ask
	EURUSD	1.2931	1.2934
	GBPUSD	1.5123	1.5126
	USDJPY	101.27	101.3
	USDCHF	0.9614	0.9617
	USDCAD	1.0318	1.0321
	EURJPY	131.01	131.04
	EURCHF	1.2431	1.2436
	GBPJPY	153.14	153.21
	GBPCHF	1.4541	1.4548
	GOLD	1386.2	1386.8
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Research: Pboc to Signal a Change in Its Monetary Policy Stance Soon

Quotes from Standard Chartered:

-The combination of moderating inflation and slowing domestic growth should result in rising market expectations of imminent easing from the People's Bank of China (PBoC).

-We expect the PBoC to signal a change in its monetary policy stance soon, with a cut in the reserve requirement ratio (RRR) likely to be around the corner.

-We maintain our view that the RRR will be cut four more times in 2012, by 50bps each time.

Published: 2012-05-11 14:42:00 UTC+00

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May 26 at 6:49 UTC