The Traderszone Network

Published in TZ Latest News 19 January, 2016 by The TZ Newswire Staff

China shares steady, ears pricked for stimulus chatter

China’s volatile stock markets were flat early on Wednesday, as mounting chatter about imminent policy stimulus provided support against the backdrop of a fresh slide in oil prices that hit stock markets across the globe. “The activity data, the domestic market sell-off and unsettled global financial markets require macro policies to stay accommodative for an extended period,” wrote David Fernandez, head of Asia Pacific fixed income research at Barclays, in a note to clients.