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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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2 posters

    Markets Rebound As China Cuts Interest Rates

    nihal123
    nihal123
    nihal123
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    Top contributor


    Posts : 6327
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    • Post n°1

    Markets Rebound As China Cuts Interest Rates Empty Markets Rebound As China Cuts Interest Rates

    Post by nihal123 Tue Aug 25, 2015 10:47 pm

    Markets Rebound As China Cuts Interest Rates
    By TOMMY STUBBINGTON

    Updated Aug. 25, 2015 12:30 p.m. ET
    48 COMMENTS
    Global stocks rallied Tuesday, as Beijing cut interest rates following another sharp drop in Chinese markets.

    U.S. stocks climbed, echoing an earlier rally in Europe. The Dow Jones Industrial Average was up 406 points, or 2.6%, at 16278 in morning trade. The S&P 500 rose 50 points, or 2.7%, to 1944.

    Markets in Europe had extended early gains after China’s central bank cut interest rates by one-quarter of a percentage point, reassuring investors that Beijing is prepared to take fresh measures to boost the economy. The People’s Bank of China also reduced bank-reserve requirements by half of a percentage point, effectively adding 678 billion yuan (about $106 billion) to the Chinese economy.

    see more details
    http://www.wsj.com/articles/signs-of-stability-in-global-markets-despite-chinese-stocks-tumbling-again-1440488999
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    nihal123
    nihal123
    nihal123
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    Posts : 6327
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    • Post n°2

    Markets Rebound As China Cuts Interest Rates Empty Re: Markets Rebound As China Cuts Interest Rates

    Post by nihal123 Tue Aug 25, 2015 10:51 pm

    Copper, Aluminum Close at Lowest Levels Since 2009

    By ESE ERHERIENE
    Updated Aug. 24, 2015 1:43 p.m. ET
    LONDON—Copper and aluminum futures closed at more-than-six-year lows in London on Monday, as a sharp decline in Chinese equities triggered a broad-based commodities rout over fears that the world’s biggest consumer of base metals is heading into a steeper-than-expected economic slowdown.

    http://www.wsj.com/articles/base-metals-plunge-to-new-multi-year-lows-1440418645
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    First Guy
    First Guy
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    • Post n°3

    Markets Rebound As China Cuts Interest Rates Empty Re: Markets Rebound As China Cuts Interest Rates

    Post by First Guy Wed Aug 26, 2015 7:25 am

    China is again going down. US closed down. But others were fine
    • Back to top

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