Sources: Some of China's fund managers, brokers called by regulators to help stabilize stock market – Reuters

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Sources: Some of China's fund managers, brokers called by regulators to help stabilize stock market – Reuters – by anilpanchal7 China RiskAppetite NewsTrading USDCNY AUDUSD

The two sources also mentioned that regulators ask financial institutions to avoid trading activities that may cause big fluctuations in the securities market.

The instructions were give through the so-called "window guidance", with no written documents, one of the sources said per Reuters.The news fails to witness any major reaction from the markets as the consolidation move continues. USD/CNH, however, hesitates in extending the pullback from two-year high.Information on these pages contains forward-looking statements that involve risks and uncertainties.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 14. in US

United States United States Latest News, United States United States Headlines