10 min listen
China’s surprise move
ratings:
Length:
6 minutes
Released:
Aug 15, 2022
Format:
Podcast episode
Description
China’s central bank cut its policy rate by 0.1% as data highlighting its economic travails was released. Chinese bond yields and the offshore yuan fell. Asian stocks fell and the US dollar rose as investors reacted to the news. Mensur Pocinci, our Head of Technical Analysis, shares his thoughts on the markets from a technical standpoint.00:09 Introduction & Markets Wrap by Alexander Petersen (Investment Writing) 03:00 Technical analysis update by Mensur Pocinci (Head of Technical Analysis) 04:58 Closing remarks by Alexander Petersen (Investment Writing)
Released:
Aug 15, 2022
Format:
Podcast episode
Titles in the series (100)
Stocks come under pressure in late trading amid worries on growth perspectives: The rally on stock markets has paused on Apple’s plans to slow hiring. The race for the succession of Boris Johnson as UK prime minister and leader of the conservative party is heating up with Rishi Sunak one of the favourites. Sophie Altermatt from Macro by Moving Markets: Daily News