China monetary policy has room for further easing - Securities Journal

FXStreet (Bali) - The China Securities Journal, a newspaper sponsored by Xinhua News Agency, is running a headline noting that China monetary policy has room for further easing.

The headline is in line with some of the recent market sentiment swings seen in the last Asian session, when a soft Chines inflation report was perceived as short term positive for the Aussie and Shanghai stocks in anticipation of further stimulus by the PBOC going forward.