China, Fed
Copper Hits Two-Month High With Fed Cut Driving Metals Markets
Copper traded near its highest close in three weeks and other metals were mixed as investors digested the Federal Reserve’s bid to defend US growth and the labor market with a half-point rate-cut.
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
China unexpectedly leaves lending rates steady; markets expect cuts soon
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an outsized interest rate cut earlier this week.
China to Cut Rates on $5 Trillion Mortgages as Soon as September
China is poised to cut interest rates on more than $5 trillion of outstanding mortgages as early as this month, according to people familiar with the matter, as it accelerates a move to reduce the borrowing costs for millions of families to spur consumption.
China Market Update: Powell’s Rate Cut Powers Asia & China Higher
Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster reaction on Wall Street.
China stocks post rare weekly rise after Fed rate cut
China stocks closed higher on Friday, logging their first weekly gain in a month, as the jumbo US rate cut strengthened bets Beijing will soon unveil fresh stimulus. Hong Kong shares rose for the fifth day,
China unexpectedly leaves key rates unchanged despite Fed cut
China's five-year loan prime rate remained unchanged even after the US Federal Reserve kicked off its rate-cutting cycle China surprised the market by leaving a mortgage-linked lending rate unchanged on Friday,
Stock Market Today: Dow scores new record close as expectations grow for jumbo rate cut
U.S. stocks ended mixed on Monday, as traders’ expectations for the Federal Reserve to deliver a 50-basis-point rate cut on ...
World Street | S&P 500 at record high, China, BoE keep interest rates steady, and more
Some of the top global developments include US markets ending higher overnight after Fed's 50 bps rate cut booster, followed ...
China says will negotiate 'until the last minute' on EU EV probe
Chinese Commerce Minister Wang Wentao said in Brussels on Wednesday that China will continue to negotiate "until the last ...
Marketplace5d
With the Fed set to cut interest rates, the dollar is losing a bit of its shine with foreign investors
The effect of a declining dollar is likely to be subdued, said economist Eswar Prasad, since other nations are seeing weak ...
China Internet Information Center10d
Housing market hopeful of mortgage rate cuts
China's housing market expectations for ... Institute's residential policy research center. "Amid constant cuts to deposit interest rates, maintaining home loan rates at high levels is not a ...
Oil ends more than 1% higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and ...
Yahoo Finance10d
China to Cut Rates on $5 Trillion Mortgages as Soon as September
China’s outstanding amount of mortgages, which count as prime assets at Chinese lenders, stood at 37.79 trillion yuan ($5.3 trillion) at the end of June, the lowest level in nearly three years.