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Chinese stock reaction to Loan Rate Cut and US banking sector concerns

US markets were closed for President’s Day yesterday. The outcome was an uneventful trading session in absence of European eco drivers.

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Home Depot and Walmart to report – No change to macro theme

- Relatively flat US dollar and mixed EU indices as risk sentiment remains undecided after little overnight and weekend macro news with US returning for trade today from Presidents Day.

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China cuts key mortgage rate for first time since June to prop up economy

China’s five-year loan prime rate, which commercial banks use as a benchmark to adjust their mortgage rates, was lowered from 4.2 to 3.95 per cent, the People’s Bank of China said on Tuesday.

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Chinese banks cut mortgage reference rate by most on record

Chinese banks cut mortgage reference rate by most on record
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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WTI moves higher to around $78 30 as Houthi Group strikes on shipping vessels in Red Sea

West Texas Intermediate (WTI) oil price retraces its recent losses registered on Monday.

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