{"id":12353,"date":"2010-10-20T06:53:30","date_gmt":"2010-10-20T04:53:30","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12353\/financial-markets-plunge-as-china-steps-up-tightening\/"},"modified":"2010-10-20T06:53:30","modified_gmt":"2010-10-20T04:53:30","slug":"financial-markets-plunge-as-china-steps-up-tightening","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12353\/financial-markets-plunge-as-china-steps-up-tightening\/","title":{"rendered":"Financial Markets Plunge as China Steps Up Tightening"},"content":{"rendered":"<p>Financial markets tumbled as China surprisingly tightened by raising the benchmark deposit and lending rates by +25 bps. Risk appetite slumped as China, the biggest growth driver, stepped up to process to curb growth. The market sentiment worsened after receiving a dovish BOC statement and mixed US housing data. Although several Fed presidents spoke yesterday supporting further quantitative easing, the dollar continued to rebound, sending commodities lower.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=1WGQnXWnd0M:OGqXyfYT7ss:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=1WGQnXWnd0M:OGqXyfYT7ss:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=1WGQnXWnd0M:OGqXyfYT7ss:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=1WGQnXWnd0M:OGqXyfYT7ss:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=1WGQnXWnd0M:OGqXyfYT7ss:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=1WGQnXWnd0M:OGqXyfYT7ss:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=1WGQnXWnd0M:OGqXyfYT7ss:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=1WGQnXWnd0M:OGqXyfYT7ss:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=1WGQnXWnd0M:OGqXyfYT7ss:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/1WGQnXWnd0M\" height=\"1\" width=\"1\" \/><\/p>\n<p>Read the rest here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/1WGQnXWnd0M\/\" title=\"Financial Markets Plunge as China Steps Up Tightening\">Financial Markets Plunge as China Steps Up Tightening<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial markets tumbled as China surprisingly tightened by raising the benchmark deposit and lending rates by +25 bps. Risk appetite slumped as China, the biggest growth driver, stepped up to process to curb growth. The market sentiment worsened after receiving a dovish BOC statement and mixed US housing data. Although several Fed presidents spoke yesterday supporting further quantitative easing, the dollar continued to rebound, sending commodities lower. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12353","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=12353"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12353\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}