S&P 500 Hits Fresh Record, Will China's RRR Cut Boost Hang Seng?
S&P 500 Hits Fresh Record, Will China's RRR Cut Boost Hang Seng? S&P 500, HANG SENG INDEX, ASX 200 OUTLOOK: Investors anticipate a strong Q2 earnings season, boosting sentiment. Treasuries fell China’s central bank unexpectedly cut the Reserve Requirement Ratio (RRR) for all banks Earnings, RRR Cut, China GDP, US Core Inflation, Asia-Pacific Week-Ahead: The S&P 500 index hit an all-time high on Friday as investors shrugged off concerns about the Delta variant and focused on the upcoming earnings season. The estimated earnings growth rate for the S&P 500 index in Q2 is expected to hit 64% Y...
Source: dailyfx.com