Worries that the Chinese economy is heading for a sharp slowdown this quarter are hitting markets today, says the strategy team at Saxo Bank:
White-knuckle markets after an ugly close Friday on Wall Street spilled into the Monday session in Asia, with concerns of new strict Covid lockdowns in Beijing driving an ugly move lower in Chinese equities and a steep drop in crude oil. Also, the sudden Chinese decision to weaken its currency at a blistering pace last week has unsettled currency markets, driving an sharp acceleration lower in EM [emerging market] currencies in particular.Concerns over demand from China’s factories, and the prospect of several US interest rate rises this year, knocked copper. It has dropped by 1.5% to $9,961 per tonne, the lowest since 16 March.
The real China fears. Don't buy the fake ones.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Rupert Murdoch returns to British TV market, pins hopes on Piers MorganProfessional provocateur Piers Morgan will be the star of Rupert Murdoch’s re-entry to the world of British TV news talk on a reported £50m deal. here are my naked photos Fffaaaaaarrrrrrkkkk Rupert Murdoch he’s pro Trump and too Right wing radical! Trump is a criminal and Liar 🤥 and is anti democracy? Morgan tarred with same brush!
Fonte: brisbanetimes - 🏆 13. / 67 Leggi di più »
Rupert Murdoch returns to British TV market, pins hopes on Piers MorganProfessional provocateur Piers Morgan will be the star of Rupert Murdoch’s re-entry to the world of British TV news talk on a reported £50m deal. So many Labor diehards on this site think Australia would benefit from a Royal Commission. The UK forced Murdoch himself to sit under scrutiny of the entire nation for a week and it had absolutely no repercussions. The Murdoch Federal Government How does one man own a Government corruption ICAC insiders LNPfail abc730 Oh Dear! What is the TV channel called, Sky again?
Fonte: smh - 🏆 6. / 80 Leggi di più »