Xi’s Bazooka | TF Metals report

The PBOC unleashed a bazooka of monetary stimulus today and the impact on the commodities sector was significant. Can and will this latest move inspire even bigger gains in the coming days? We’ll just have to see how those short record spec levels respond to the pressure.

Let’s start with last night’s news (today in China). You can read all about it in this post from ZH: https://www.zerohedge.com/markets/china-panics-cuts-multiple-…