Markets rally on China stimulus cheer
FXTM Asian stock indices rally CN50 ↑ 6% on “risk-on” mood Oil benchmarks soar ↑ +2% AUDUSD hits fresh 2024 highs Bloomberg FX model – 74% – (0.6757 – 0.6933) China has hijacked the headlines after its central bank unleashed a wave of stimulus measures to revive economic growth. In a move welcomed by investors…