China Supercharges Stimulus With Biggest Cut In Mortgage Reference Rate On Record
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
(Bloomberg) — US and European equity futures fell along with Asian stocks, after a reduction in China’s mortgage reference rate failed to dispel concerns about the world’s no. 2 economy. Contracts for the S&P 500 and Nasdaq 100 benchmarks retreated after US markets were closed Monday for a holiday. Futures for the region-wide Euro Stoxx…
(Bloomberg) — Chinese equities slipped as a reduction in the nation’s mortgage reference rate failed to dispel the gloom surrounding the world’s no. 2 economy. The dollar tracked a rise in US yields. Stocks on the mainland and in Hong Kong slipped, while those in Japan reversed early gains. Benchmarks in Australia and South Korea…
Bitcoin fell 0.4% to $51 724.51.
(Bloomberg) — US equity futures declined as the latest earnings reports and corporate news failed to dispel worries about higher-for-longer interest rates and the faltering Chinese economy. Futures on the S&P 500 and Nasdaq 100 were pointing to a down day when Wall Street reopens after Monday’s public holiday. Nvidia Corp. declined in pre-market trading…