Monthly Archives: August 2023
Chinese Ailing Economy Drags Kiwi Lower
Written on August 22, 2023 at 6:19 am, by lishitong
The New Zealand dollar has declined and cannot recover due to China’s ongoing struggles in stimulating its economy. The Chinese stock market remains in a downward trend, primarily influenced by challenges within the property sector and limited Chinese economic stimulus efforts. The recent bullish oil prices have also hindered the much-worried Chinese economy, as theContinue Reading
Trading Strategies: Mastering The Basics For Beginner Traders
Written on August 21, 2023 at 7:42 am, by lishitong
Are you a beginner trader eager to dive into the world of trading strategies? This comprehensive guide is here to equip you with the essential knowledge needed to navigate the exciting yet challenging realm of trading. Understanding various trading strategies is crucial for achieving success and maximizing profits. In this ultimate guide, we will exploreContinue Reading
China’s Smaller Rate Cut Weighs Down Stock Market
Written on August 21, 2023 at 6:09 am, by lishitong
The Chinese government’s decision to modestly reduce the short-term loan rate has disappointed the market. Asian stock markets are on track for a weekly decline, partly influenced by China’s economic challenges and the prevailing global high-interest rate environment. A notable increase in the global government bond yield, reaching a level not seen in 15 years,Continue Reading
