China will increase fiscal spending

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Wednesday, Chinese officials announced that the government will increase fiscal spending in 2019 in an effort to boost the local economy. Main focus will be set on tax cuts.
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Wed, 23 Jan 2019 06:26:29 GMT

Asian stock market pauses

During the Asian session of Wednesday stock prices traded sideways. Some financial outlets blamed a global growth slowdown and the US-Chinese trade relations. Currently these two factors are named when there are no clear explanations.

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