Thursday , 19 September 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Your email address will not be published.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

Three takeaways from the BOE decision from Deustche Bank

The Bank of England held rates at 5.00% today in a move...

EURUSD moves down to the 100 hour MA. Key intraday downside target.

The volatility in the EURUSD continues as the price has rotated back...

US stocks extend to the best levels of the day as soft-landing trades sizzle

The S&P 500 has extended gains to 103 points, or 1.8%. The...

United States EIA Natural Gas Storage Change registered at 58B above expectations (53B) in September 13

United States EIA Natural Gas Storage Change registered at 58B above expectations...