More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
Mainland Chinese blue chips gained 1.5%, adding to a 4.3% jump in the prior session. Hong Kong's Hang Seng climbed 0.7%, adding to Tuesday's 4.1% surge. While market players welcomed the stimulus, ...
Oil prices were little changed on Wednesday as investors reassessed the ability of China's stimulus plans to boost its ...
Eric Fry goes live tonight at 8 PM EST … is Bitcoin at $100K back? … Louis Navellier’s small-cap wins … is China a “buy” with ...
China’s economy lost momentum in August as activity cooled across the board, pointing to mounting risks to achieving the ...
Janet Mui, Head of Market Analysis at RBC Brewin Dolphin, says the Chinese measures should defend the countries 5% growth ...
Chinese stimulus was the top story in FX markets yesterday. Metals markets rallied and the currencies of the emerging market ...
The Chinese yuan jumped to its highest level in over a year on Wednesday, following a series of heavyweight policy moves from its central bank a day earlier and an interest-rate cut from the US ...
The significant rally in ZAR this month, combined with underperformance of JPY in the G10 space, has prompted an impressive ~7% bounce in ZAR/JPY off the September lows. Positive internal and external ...
Measures of factory output, consumption and investment all slowed more than economists had forecast, while jobless rate ...
The AUD/USD pair tested the 0.6860 mark on Tuesday, reaching its highest point in 2024, bolstered by supportive economic news ...
The FTSE 100 ( ^FTSE) and European stocks were lower on Wednesday as the effects of Beijing's announcement of a flurry of measures aimed at reviving the housing market after a prolonged downturn began ...