Mixed news for global stock market
China govt will increase central bank lending rate by more than 1/4%, in order to slow down the boom of investment from this fast growing economy.On the other hand, Feb Chief said tonite that they are likely to pause the interest hike very soon.
What would this mixed news bring to the global market ?
For forex market, GBP and EUR jump by weak dollars. Gold fluctuates between $630 - $640, whereas stock is a mix.
posted by SSY @ 8:45 AM
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