Asian shares are buoyed by PBOC’s announcement over the weekend to cut interest rates, as well as the solid US employment report released last Friday. Japan’s Nikkei 225 Index has soared +1.27% while Hong Kong’s HSI has climbed +0.6% since opened. Wall Street gained on Friday with the DJIA and the S&P 500 indices rising +0.1.49% and +1.35% respectively.
Excerpt from:
Further Easing by PBOC Lifts Equities
Leave a Reply
You must be logged in to post a comment.