Friday , 22 November 2024
Home Forex More on China’s Premier Li weekend comments – “room for further macro policy steps”
Forex

More on China’s Premier Li weekend comments – “room for further macro policy steps”

I posted earlier on China’s Premier Li Qiang remarks to an audience of global CEOs and Chinese policymakers on Sunday at the China Development Forum in Beijing:

Reuters have a piece up on this if you want more.

ITs clear there is a desire in China to do more to boost the economy. As usual, though, there is a gap between these comments and details. And the days of ‘flood like’ stimulus are well in the past too.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Eurozone November flash services PMI 49.2 vs 51.6 expected

Prior 51.6Manufacturing PMI 45.2 vs 46.0 expectedPrior 46.0Composite PMI 48.1 vs 50.0...

Poor French and German PMI data keeps ECB 50 bps rate cut in play

Money market pricing is now seeing roughly 35% odds of a 50...

USDJPY Technical Analysis – We continue to range around key levels

Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar...

Germany November flash manufacturing PMI 43.2 vs 43.0 expected

Manufacturing PMI 43.2 vs 43.0 expected and 43.0 prior.Services PMI 49.4 vs...