Published in TZ Latest News
26 August, 2015 by The TZ Newswire Staff
China’s Great Wall Of Worry – Goldman Warns China Options Signal Caution Ahead
Via Goldman Sachs,
China has been the epicenter of recent market concerns as global markets focus on China’s growth trajectory. Equity markets have been hit hard. The Shanghai Composite is down -43% since its peak on June 12th; with -21% of that down-move coming over the last five trading days. HSCEI is down -32% since June 12th, -12% over the past week. On August 25th the PBOC announced a series of moves including lowering the benchmark lending and deposit rate by 25 bps and the reserve requirement ratio by 50 bps.
read more
Published in TZ Latest News
26 August, 2015 by The TZ Newswire Staff
China’s Great Wall Of Worry – Goldman Warns China Options Signal Caution Ahead
Via Goldman Sachs,
China has been the epicenter of recent market concerns as global markets focus on China’s growth trajectory. Equity markets have been hit hard. The Shanghai Composite is down -43% since its peak on June 12th; with -21% of that down-move coming over the last five trading days. HSCEI is down -32% since June 12th, -12% over the past week. On August 25th the PBOC announced a series of moves including lowering the benchmark lending and deposit rate by 25 bps and the reserve requirement ratio by 50 bps.
read more