Archive for October 22nd, 2018

New Overnight Developments Abroad - Daily Update

Rebound in China’s Stock Market and Peripheral Ezone Sovereign Debt

October 22, 2018

China’s stock market rose 4.1%, endowing other bourses in Asia and Europe in its wake. Following Friday’s disappointing Chinese GDP report, Beijing announced tax cuts and intentions to enact other stimulus measures. The yuan is 0.2% softer against the dollar. In other stock markets, share prices climbed 2.8% in Hong Kong, 1.1% in Indonesia, 0.6% […] More