China Rolls Out Consumption-Boosting Measures
China will increase imports, make it easier for overseas shoppers to get tax refunds and allow foreigners to visit more of the country for 72 hours without visas, the central government said on Monday.
China will increase imports, make it easier for overseas shoppers to get tax refunds and allow foreigners to visit more of the country for 72 hours without visas, the central government said on Monday.
One of the many factors used to decide whether a central bank should or should not raise interest rates is inflation, of which energy is a main contributor, and given the extended bearish trend for oil prices at present this aspect of the decision making process is likely to remain sharply in focus.
Many of the world’s greatest investors have been willing to buy at a time when the majority of the market was turning away from a particular sector.
With the Nikkei having fallen over 2% at the start of a new trading week and month, European and London traders could be forgiven for thinking their respective markets and Globex would simply follow suit.
The traditional and seasonal Santa Claus rally appears to have come rather early this year, with October’s rally for the NQ Emini (QQQ, quote) recording a sensational month of gains following the equally dramatic events towards the end of August which saw the index correct sharply, before strong stopping volume duly appeared to prevent the market falling further.
U.S. Q3 Advance GDP Price Index q/q down to 1.2% vs 1.5% growth expected and Advance GDP q/q 1.5% to expectations of 1.6%.
The People’s Bank of China (PBOC), the central bank, decided on Friday to cut the reserve requirement ratio (RRR) of banks, and benchmark interest rates.
As the month of October draws to a close, and with the ghouls and ghosts of Halloween preparing to frighten and alarm in equal measure, it is the trick or treaters at the
Just like the children’s board game of snakes and ladders, or as it is known in the US as chutes and ladders, coming down the snakes is always much faster than climbing back up the ladders, and so it is proving for primary equity markets in the US.
China’s economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics (NBS) announced on Monday.