China stocks rise ahead of likely Fed rate cut; trade talks in focus
Wednesday, 18 September 2019 14:39 WIB |
MARKET UPDATE |Saham Cina CSI 300Shanghai composite
China stocks rose on Wednesday on expectations of lower borrowing costs at home and the United States, with a resumption of trade talks between Beijing and Washington aiding risk appetite.
China's blue-chip CSI300 Index gained 0.5% to 3,910.08, while the Shanghai Composite Index rose 0.3% to 2,985.65860. The U.S. Federal Reserve is widely expected to lower key borrowing costs by 25 basis points later on Wednesday. Although the People's Bank of China (PBOC) kept the rate unchanged on one-year loans from its medium-term lending facility (MLF) on Tuesday, analysts still expect banks to set Loan Prime Rates (LPRs) lower at Friday's monthly fixing.
A cut in LPRs - China's benchmark rates for new loans - could lead to lower borrowing costs for consumers and companies in a slowing economy.
Source : Reuters
Friday, 6 December 2019 21:43 WIB
Stocks rose sharply at the open Friday after a stronger-than-expected report on employment conditions in November.
The Dow Jones Industrial Average jumped 200 points, 0.7%, to open near 27,878, while the S&P 500 rose about 16 points or 0.5%, opening near 3,134. The Nasdaq was up about 63 points...
Friday, 6 December 2019 16:39 WIB
U.S. stock index futures were higher on Friday.
At around 4:25 a.m. ET, Dow futures rose 66 points, indicating a positive open of more than 67 points. Futures on the S&P and Nasdaq were both slightly higher.
Market focus is largely attuned to global trade developments, following an upbeat tone...
Friday, 6 December 2019 15:47 WIB
European shares inched higher on Friday as comments from U.S. President Donald Trump that trade talks with China were œmoving right along helped inject some calm into the markets after a rocky week.
The pan-European STOXX 600 index rose 0.3% by 08:19 GMT, with banks, technology firms and retai...
Friday, 6 December 2019 15:30 WIB
Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal.
The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37.
The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 po...
Friday, 6 December 2019 14:54 WIB
China stocks ended higher on Friday, posting their biggest weekly advances in nearly two months, buoyed by a series of upbeat economic data and hopes of a proposed Sino-U.S. trade deal.
The blue-chip CSI300 index rose 0.6%, to 3,902.39, while the Shanghai Composite Index added 0.4% to 2,912.01.