Chinese stocks sank on Monday after China’s central bank made smaller-than-expected adjustments to interest rates, undermining hopes of stimulus for the world’s second largest economy.
“The underwhelming LPR announcement strengthens our view that the PBOC is unlikely to embrace the much larger rate cuts that would be required to revive credit demand. Hopes for a stimulus-led turnaround in economic activity largely depend on the prospect of greater fiscal support,” analysts at Capital Economics wrote in a research note on Monday.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Hong Kong stocks fall for seventh day as Japanese stocks gainAsia-Pacific stocks mostly increased Monday, Aug. 21, with shares in Hong Kong declining for the seventh day. Hong Kong stocks dropped, with the Hang Seng...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »
Chinese Stocks Drop. China’s Central Bank Delivered This Unwelcome Surprise.The People’s Bank of China reduced its one-year loan prime rate by 0.1 percentage point to 3.45% while the five-year rate was kept unchanged at 4.2%,...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »
Uber and more: Bank of America names over 10 top stocks with ‘triple momentum’Analysts at Bank of America screened for 'triple momentum' stocks based on their momentum in three areas: earnings, price and positive news.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Bitcoin Mining Stocks Are Up 200% YTD, but One Has Soared Almost 400%While several BTC mining stocks have soared significantly, one stands above all.
Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »