Macro Mondays LIVE Chinese Stocks Soar Despite Mixed Data 300924

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=Nm4HPGKe7DI

Last week, there was a string of aggressive stiumulus annouunced in China. Existing mortgage loan rates cut, 7-day reverse repo rate dropped by 20bps, minimum downpayment requirement for second homes falling to 15%. Simultaenously China announced it will allow securities firms, funds and insurers to tap PBOC funds to buy stocks. We have seen the CSI 300 stock index rally significantly accordingly... but will this strength last, and is it representative of a strong Chinese economy? The Answer: No! Follow along as we discuss this and more. • • In Europe we have seen rate cuts in several non Euro nations - whilst HSBC are forecasting continued rate cuts from the ECB. US Data is mixed as we see the reaction to the FED's 50bp cut unfold - mortgage applications have increased US stocks' strength continues. However employment data indicates that everything is not well. • • S P Gold's momentum remain strong as Gold continues to exceed previous all-time highs. Brodie and Todd also discuss the ongoing events in the Middle-East the impact on macroeconomics, EURJPY, Bitcoin's progress, and more. • • Key data releases this week: • Monday • Chicago PMI, FEDs Powell speaks • Tuesday • U.S. ISM mfg PMI, JOLTS • Wednesday • ADP payrolls • Thursday • ISM services PMI • Friday • U.S. payrolls jobs report • • #macro #macronews #finance #inflation #deflation #stockmarket #stocks #oott #commodities #oilandgas #trading #markets #marketanalysis #recession #derivatives #derivativestrading #thefed #housing #housingmarket #gold #china #germany #uk #us #economy #economics #ratecuts #jeromepowell #crash #silver #Harris #Trump #USElection #Presidentialelection

#############################

New on site