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CN50 which tracks the benchmark FTSE China A50 Index may be set to rally further as Chinese banks' cut five-year rates by 25 basis points to 3.95%, a record rate cut.
Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI services data fuelled concerns over the nation’s sluggish economic recovery.
China surprises with rate cut, US retail sales in focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy.
The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of gains.
CN50 which tracks the benchmark FTSE China A50 Index may be set to rally further as Chinese banks' cut five-year rates by 25 basis points to 3.95%, a ...
Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI services data fuelled concerns over the nation’s s...
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak ec...
The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of...
China external trade Recession inflation CPI USDJPY Japanese Yen Gold Bullion Treasury yields