Tomorrow's China Briefing Did Not Prevent the Continued Slide in Chinese Stocks Today
Marc Chandler
October 11, 2024
Overview: The combination of the firmer than expected US CPI and larger than expected rise in initial and continuing jobless claims saw short-term US rates fall, and the odds of a quarter-point cut by the Fed rose from about 83% to about 93%. The Fed funds futures market boosted the odds of another quarter-point cut in December (~90% vs.78%). The …
Tomorrow's China Briefing Did Not Prevent the Continued Slide in Chinese Stocks Today
Reviewed by Marc Chandler
on
October 11, 2024
Rating:
Reviewed by Marc Chandler
on
October 11, 2024
Rating:
