Just another bad day in the office for China's lonely stock traders
Jan 05, 2016 23:19 pm UTC| Insights & Views
Assume youre a trader and your job involves buying and selling on the Shanghai/ Shenzhen stock exchanges. Youve just returned to work from your 1 January New Year break. Youre feeling bearish for a number of...
China's stock market is in for a turbulent 2016
Jan 05, 2016 11:02 am UTC| Insights & Views
The Shanghai stock market has had a rough start to the New Year. Bourses are down and trading was halted on its opening day after the market plunged, triggering the new circuit-breaker mechanism designed to limit...
USD/CNY recovers from daily low, ignores PBoC cash injection
Jan 05, 2016 07:10 am UTC| Commentary
Asian stock markets remained mainly in the red zone on Tuesday, with Chinas officials failing to calm nerves with its latest cash injection The negative sentiment followed a Monday huge sell-off that forced Chinese...
Chinese stock plunge and next day move – lessons from history
Jan 05, 2016 06:46 am UTC| Commentary
Chinese stock market facing heavy swings today. From more than 3% down to almost 1% up and again back to red, down -2%. Despite all the swings, todays move is relatively small compared to yesterday circuit breaking 7%...
Chinese Central Bank Injects $20 Billion to Ease Market Worries
Jan 05, 2016 06:42 am UTC| Commentary Central Banks
The Peoples Bank of China (PBoC) has injected 130 billion yuan ($20 billion) in funds into the financial system in order to ease concerns after Mondays market shock. The decision was made after Chinese stocks dropped...
China’s stocks remain directionless amid swings
Jan 05, 2016 05:54 am UTC| Commentary
After Mondays heavy selloff, which saw stock market hitting circuit breaker halting trading for the day, peoples Bank of China (PBoC) injected $20 billion capital in banking sector and regulators assured improvement in...
China’s onshore/offshore interest rate spreads looking stretched
Jan 05, 2016 03:18 am UTC| Commentary Central Banks
Risk aversion gripped Chinese markets yesterday with the benchmark Shanghai Composite Index down by almost 7% (trading in Chinese stock markets was halted). Significant uncertainties on the Chinese economy remain as PMI...
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