TAG China

Chinese markets sag but more pain to come

Stephen Innes Head of Trading OANDA Asia Pacific discusses his views on China  with Victor Ferreira from Canada’s Financial Post   North American stock markets weren’t the only ones to feel the pain this week: China’s main index dipped nearly eight per cent as the country’s markets continue to endure a painful, months-long decline not seen…

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Chinese markets tumble as PBOC cuts RRR again

China’s stock markets tumbled on Monday, as investors were unnerved by the central bank’s decision to slash the amount of cash that the country’s lenders must hold as reserves, in a bid to help spur economic growth. The People’s Bank of China (PBOC) announced measures on Sunday to cut the reserve requirement ratio (RRR) — or the amount…

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Italy and China drag markets lower

Markets lower as we head towards quiet US session A bank holiday in the US and Canada on Monday should ensure we see thin trade at the start of the week, with news flow and economic releases from that side of the pond also likely being fairly muted. Of course we can never account for…

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Muted response to PBOC’s liquidity easing move

PBOC slashes reserve ratio requirement for some banks On Sunday the PBOC announced via its website that it was reducing some banks’ reserve ratio requirement by 100bps effective October 15, the fourth such move this year. The move is calculated to free up to 1.2 trillion yuan ($174 billion) for additional lending, and is seen…

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OANDA Market Insights podcast (episode 34)

OANDA Senior Market Analyst Craig Erlam and Stephen Innes, Head of Trading Asia review the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: Bond yields spike, US jobless rate hits 49 year low, Italy launches ambitious budget plan, India the latest EM concern, Brexit and more.…

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Will PBOC intervene as Chinese economy slows

Beijing will likely take steps to mitigate the impact of the trade war with the U.S. as recent economic indicators from China point to a slowdown, an economist said on Monday. “We were calling for some slowdown, but the degree is much more than what we expected,” said Jeff Ng, chief economist for Asia at Continuum Economics, a research firm.…

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Live FX Analysis – 25 September 2018 (Video)

In this week’s FX webinar, Senior Market Analyst Craig Erlam discusses the upcoming Federal Reserve meeting and provides and update on Brexit and trade wars. Craig also gives his live analysis on EURUSD (12:04), GBPUSD (17:23), EURGBP (22:05), AUDUSD (24:38), USDCAD (27:24), GBPCAD (28:30), NZDUSD (29:54), USDJPY (30:47), GBPJPY (32:31) and EURJPY (34:25). WTI Lower…

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OANDA Market Insights podcast (episode 32)

OANDA Senior Market Analysts Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: Sterling wobbles on Brexit fears, US/China tariffs tit for tat, Inflation hike against expecatations. Canadian Inflation Lifts Probabilities of an October Rate Hike Posted 47 minutes ago US Dollar Recovers…

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