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  • Anti-Climactic Return of China

    From marctomarket.com

    The re-opening of China's mainland market amid reports of strong activity during the holiday, was relatively subdued. The CSI 300 rose less than 0.5% and the Shanghai Composite eked out less than a 0.2% gain. The 0.5% gain in the yuan was largely in line with the performance of the offshore yuan. Indeed, it seems like a bit like "buy the rumor sell the fact" type of activity as Hong Kong's Hang Seng tumbled 2.75%, to give back most of last week's gains. The same is true of the index of mainland shares that trade in Hong Kong. The Federal Reserve, European Central Bank, and the Bank of England are expected to hike ... (full story)

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  • Jan 30, 2023 10:07am Jan 30, 2023 10:07am
  •  traderathome
  • Joined Mar 2008 | Status: PVSRA with Traderathome | 1570 Comments
Anti-climatic or not, China is an adversary of everyone that cherishes equality, freedom and liberty......folks that should not give a second thought to China and its market machinations, and have nothing to do with it.
 
 
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  • Jan 30, 2023 10:33am Jan 30, 2023 10:33am
  •  lcy723
  • | Joined Oct 2012 | Status: FF Citizen | 54 Comments
Quoting traderathome
Disliked
China and its market machinations
Ignored
As if the Fed doesn't fudge US markets with its unlimited money printing.
 
 
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    EURUSD weakens after jumping above 1.0900

    From xm.com|Jan 30, 2023

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    From bnnbloomberg.ca|Jan 30, 2023|1 comment

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    •   Newer Stories
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    Spain to approve direct financial aid to farmers; boost social policies

    From euractiv.com|Jan 30, 2023

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    LEI for China Continues to Decline in December

    From conference-board.org|Jan 30, 2023

    The Conference Board Leading Economic Index®(LEI) for China decreased by 0.8 percent in December 2022 to 156.2 (2016=100), following a 1.4 percent decline in November. In ...

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  • Posted: Jan 30, 2023 7:48am
  • Submitted by:
     MarcChandler
    Category: Fundamental Analysis
    Comments: 2  /  Views: 588
  • Linked event:
    EUR German Prelim GDP q/q
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