Sector Review

Sector movers: Miners drag as PBoC underwhelms

By Alexander Bueso

Date: Tuesday 20 Jun 2023

(Sharecast News) - Miners dragged on London's main market indices on Tuesday after the People's Bank of China delivered smaller-than-expected interest rate cuts.
Overnight, the PBOC cut its one and five-year loan rates by 10 basis points to 3.55% and 4.20%, respectively.

Analysts however had reportedly been holding out for...

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