Stocks rise as Beijing pumps extra cash into China's economy - business live

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Stocks rise as Beijing pumps extra cash into China's economy - business live
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Stocks rose after China said it would cut the reserve requirement ratio for banks next week, effectively freeing up about 800bn yuan (£87bn) in new funds for loans

  • 📰 The Guardian
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European stocks have jumped at the start of their first trading day of 2020: FTSE 100: up 0.58% French Cac 40: 0.6% Spain’s IBEX: up 0.8% Italy’s FTSE MIB: up 0.5% Europe’s Stoxx 600: 0.3% The German Dax is the only major index currently bucking the trend, trading lower by around 0.

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The Guardian /  🏆 84. in KR
 

Prints extra buys US Junk bonds underwrites it with its own good standard viola it gets wealthier !

So China is fuelling it’s own looming banking crisis..? What happened to live and learn?

Note: stocks also rising in USA as GOO deficit spending grows and grows, along with their plot to use their “tax refirm” for the rich to attack Socisl support systems, I.e., Social Security and Medicare. Cynical and despicable.

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