-- Chinese stocks whipsawed amid heavy volumes in Thursday’s morning session as traders awaited the outcome of the government’s planned briefing on fiscal policy due Saturday.From Cleveland to Chicago, NFL Teams Dream of Domed Stadiums
Finance Minister Lan Fo’an is expected to introduce moves to strengthen fiscal policy to shore up growth, and answer questions from reporters on Saturday, according to the State Council Information Office. The ministry “will likely discuss a supplementary fiscal package for the remainder of the year, although it may be modest in size,” Morgan Stanley economists led by Robin Xing wrote in a note. Economists at Societe Generale SA also said the government is unlikely to announce a “super-sized fiscal stimulus” of 5 trillion yuan to 10 trillion yuan in one go.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin and gold decline, stocks volatile as investors await Fed minutes and CPI dataThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Cryptos and stocks volatile ahead of presidential debate, CPI dataThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Volatile yet strong end to the week for Bitcoin and stocks, gold holds the lineThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Stock market today: Wall Street hangs near records after Chinese stocks soarNEW YORK (AP) — U.S. stocks are hanging near their records after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world’s second-largest economy. The S&P 500 added 0.
Source: SooToday - 🏆 8. / 85 Read more »
Chinese Stocks in Hong Kong Jump With Developers Leading Gains(Bloomberg) -- Chinese shares listed in Hong Kong jumped Wednesday, extending a stimulus-induced euphoria as traders returned from a public holiday.Most Read...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
‘Serious Rally’ in Chinese Stocks Possible, Says Eurizon’s Jen(Bloomberg) -- Investors should extend the recent stimulus-fuelled gains in Chinese equities and the yuan as well as the decline in the country’s bonds...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »