Some legs as continued stimulus and rate cuts will set a temporary floor here in the equities market so we begin the week off in a risk on mood as we get yet another stimulus shock from the central bank this time from china the p. L. C. Has finally launched a long awaited reform to replace its existing fixed benchmark lending rate with a new fluctuating loan prime rate this is now aimed to further lower real Interest Rates for companies essentially amounting to a rate cut the new l. P. R. Will be set on tuesday and subsequently on the 20th of each month as a benchmark rate for banks to price in new loans now more than 30 Central Banks around the world have cut Interest Rates just this year as countries move to shore up their economies amid rising concerns of a Global Growth and trade complex germanys central bank just issued a warning that the country could be slipping into recession as g. D. P. For the 2nd quarter contracted point one percent this further puts pressure on the rest of
Some legs as continued stimulus 1 and rate cuts will set a temporary floor here in the equities market so we begin the week off in a risk on mood as we get yet another stimulus shot from the central bank this time from china the p. L. C. Has finally launched a long awaited reform to replace its existing fixed benchmark lending rate with a new fluctuating loan prime rate this is now aimed to further lower real Interest Rates for companies essentially amounting to a rate cut the new l. P. R. Will be set on tuesday and subsequently on the 20th of each month as a benchmark rate for banks to price in new loans now more than 30 Central Banks around the world have cut Interest Rates just this year as countries move to shore up their economies amid rising concerns of a Global Growth and trade complex germanys central bank just issued a warning that the country could be slipping into recession as g. D. P. For the 2nd quarter contracted point one percent this further puts pressure on the rest of
Will be set on tuesday and subsequently on the 20th of each month as a benchmark rate for banks to price in new loans now more than 30 Central Banks around the world have cut Interest Rates just this year as countries move to shore up their economies amid rising concerns of a Global Growth and trade complex germanys central bank just issued a warning that the country could be slipping into recession as g. D. P. For the 2nd quarter contracted point one percent this further puts pressure on the rest of the country as the e. C. B. To step in as the fall of europes largest economy will certainly have why despite implications for the rest of the world the e. C. B. Is now expected to cut rates which are already at historic lows and signal a restart of a trillion euro Bond Buying Program in order to spur on growth germany is now just one of several major global economies now facing potential recessions the u. K. Economy shrunk in the 2nd quarter and growth pretty much flat line in italy and i
On the cusp of defaulting with a debt at 132 percent of g. D. P. Mexico just cut its rays on friday and initial data suggest that brazil just slipped into recession in the 2nd quarter and finally Hong Kong Hong kong where the protests have now gone on for 11 straight weeks disrupting businesses and sending real estate prices plunging as critical Global Financial hub the protests are now wrecking havoc on the local economies as well as having rippling effects across multiple markets option traders and now ramping up bets against the hong kong dollar they got premiums on the put options have crept up to the highest level since 2016 as traders bet on the dollar peg breaking this is a really interesting time right now the home come dollar is pegged to the u. S. Dollar but the economy is now slowing and now the protests are compound in those problems the h. D. D. Has now tumbled to the lower limits of the currency bag so the home a. Has had to puke up billions and billions of dollars to def
Mexico just cut its rays on friday and initial data suggest that brazil just slipped into recession in the 2nd quarter and finally Hong Kong Hong kong where the protests have now gone on for 11 straight weeks disrupting businesses and sending real estate prices plunging as critical Global Financial hub the protests are now wrecking havoc on the local economies as well as having rippling effects across multiple markets option traders are now ramping up bets against the hong kong dollar they got premiums on the put options have crept up to the highest level since 2016 as traders bet on the dollar peg breaking this is a really interesting time right now the Hometown Dollar is pegged to the u. S. Dollar but the economy is now slowing and now the protests are compound ing those problems the h. D. D. Has now tumbled to the lower limits of the currency bag so the home h k m a has had to puke up billions and billions of dollars. Defend the h k d 9000000000 dollars so far this year so when you