Daily Snapshot

Daily Snapshot – 24 September 2024

Is this the turning point for China the question on everyone’s minds today.. and probably rightly so! News overnight of a ‘Stimulus blitz’ by China as Bloomberg described it across many areas from a cut to the 7 day RRR and Policy rate cut as well more support for the property market and some markets stability initiatives also. A lot to go through and digest though the market reaction on the face of it all quite orderly and somewhat predictable. Anything remotely exposed to China has been the l…

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