PBoC cut its 1 year and 5 year LPR again in an attempt to spur its credit markets.
As expected we saw a huge jump in HSI this morning. However, I think this rally might not be long lasting because of investors' sentiments. Based on the technicals, it seems to be in a downward channel as well. My take is that unless it breaks out 19860, it will probably reverse back down.
As expected we saw a huge jump in HSI this morning. However, I think this rally might not be long lasting because of investors' sentiments. Based on the technicals, it seems to be in a downward channel as well. My take is that unless it breaks out 19860, it will probably reverse back down.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.