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China’s stimulus boosts equities, for a bit
Wednesday 12th June 2019
China is doing what it can to boost infrastructure investment, perhaps fearing the worst outcome from a Trump-Xi meeting at the G20 later this month. It boosted equity markets for a while, but not the whole session. Phil Dobbie talks to NAB’s Rodrigo Catril about the latest on the Chinese economy, the expectations for US CPI tonight, the slide in the Aussie economy, evidenced by yesterday’s NAB Business Survey, and a range of central bank speakers today and tonight. Will Mario Draghi finally admit the European economy isn’t in such great shape?
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By Phil Dobbie
4.8
88 ratings
Wednesday 12th June 2019
China is doing what it can to boost infrastructure investment, perhaps fearing the worst outcome from a Trump-Xi meeting at the G20 later this month. It boosted equity markets for a while, but not the whole session. Phil Dobbie talks to NAB’s Rodrigo Catril about the latest on the Chinese economy, the expectations for US CPI tonight, the slide in the Aussie economy, evidenced by yesterday’s NAB Business Survey, and a range of central bank speakers today and tonight. Will Mario Draghi finally admit the European economy isn’t in such great shape?
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