Friday , 22 November 2024
Home Forex Chinese equities end lower as investors hold caution ahead of key briefing
Forex

Chinese equities end lower as investors hold caution ahead of key briefing

The Shanghai Composite index closes the day down 0.5% and CSI 300 index down 1.0%. But on the week itself, both indices secured gains of roughly 5.5% – largely boosted by the strong buying yesterday. Chinese officials are slated to announce stimulus measures at around 0800 GMT as seen here next.

However, the question remains whether it will be enough to stir up further optimism? Or will investors end up being disappointed once again? From earlier: Will we get anything from China today?

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

USDJPY stalls the fall today and yesterday at the 100 bar MA on the 4-hour chart

The USD/JPY pair moved lower in the early Asian session but found...

What is the latest tilt for US Treasury Secretary?

The fight for US Treasury Secretary is thought to be coming to...

University of Michigan consumer sentiment final for November 71.8 versus 73.7 estimate

Preliminary 73.0Consumer sentiment 71.8 versus 73.7 estimate. Preliminary 73.0. Prior month 70.5Expectations...

GBP/ZAR Price Forecast: Early-warning signs the short-term trend may reverse

GBP/ZAR has formed a temporary bottom after a steep sell-off.