Wednesday , 6 November 2024
Home Forex China NDRC conference continues, AUD slips a little further
Forex

China NDRC conference continues, AUD slips a little further

The National Development and Reform Commission of the People’s Republic of China (NDRC) is China’s ‘state planner’.

The press conference was much hyped for another big dose of stimulus.

So far there has been nothing of note.

AUD and other FX is drifting off a bit on the disappointment.

Chinese markets are coming back from earlier gains, in an extremely volatile environment.

Hong Kong is net down. ‘

AUD down, yuan down.

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Your email address will not be published.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

European indices open higher as positive sentiment catches on

Eurostoxx +0.6%Germany DAX +0.6%France CAC 40 +0.7%UK FTSE +0.8%Spain IBEX -0.6%Italy FTSE...

US futures continue to ramp higher on the day

The Trump trades continue to roar with Nasdaq futures also seen up...

Trump: This is a magnificent victory for the American people

We made history for a reason tonightWe're going to help our country...

What are the main events for today?

Well, we didn't need to wait long to see who won the...