Disappointing Chinese trade data fueled easing speculations, raising hopes that the government would reduce the RRR this month and cut interest rates in coming months. Market sentiment remained firm and supported Chinese equities. In the US, equities eased on USD’s strength. Wall Street slipped with the DJIA and the S&P 500 losing -0.45% and -0.46% respectively.
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Weak Chinese Trade Fueled Easing Hopes
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