Wu Blockchain (@WuBlockchain): QCP: The strong policy action by China is on back of the Fed's 50bps cut, suggesting a continued wave of global easing that will provide strong suppor…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
QCP: The strong policy action by China is on back of the Fed's 50bps cut, suggesting a continued wave of global easing that will provide strong support to asset prices in the near term. On the options side, front end skew for ETH has shifted from puts to calls, while ETH implied… twitter.com/WuBlockchain/s… Quote [@WuBlockchain](https://www.twitter.com/WuBlockchain/status/1838499934942966111) > China's central bank on Tuesday unveiled its biggest stimulus since the pandemic. Chinese stocks and bonds rallied and Asian stocks hit 2-1/2 year highs as Governor Pan Gongsheng announced plans to lower borrowing costs and inject more funds into the economy, as well as to ease…