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Your email address will not be published.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

USDCHF Technical Analysis – The USD gets a bid on weak Eurozone PMIs

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

US Dollar surges to two-year high as Eurozone PMIs disappoint

The US Dollar (USD) jumps on Friday to its highest level in...

USD: Moderately hawkish remarks from Williams – ING

Yesterday’s US Dollar (USD) rally led to a break below the key...

Pound Sterling weakens as UK Retail Sales, flash PMI declines

The Pound Sterling (GBP) weakens against a majority of its peers, except...