China may cut interest rates in Q2

Note: This section contains information in English only.
Source: China.org.cn
China may cut its interest rates in Q2 in view of bleak world's economic outlook, reported Xiamen University. The university predicts the central bank to lower the interest rate by 25 basis points in both Q2 and Q3 as the country's growth is expected to decelerate. Hence, after two cuts the interest rate for one-year lending will be cut to 6.06% from 6.66 currently offered by the bank. Moreover, in case escalated geopolitical tensions cause oil crisis the inflation in China is likely to tumble to 3.33% in 2012, the university added.

Back to articles

Actual Topics

Mon, 27 Feb 2012 09:23:05 GMT

European stocks end mostly higher on Friday

European shares finished mostly up on Friday session, supported by banks and crude companies. Stoxx Europe 600 index added 0.3% to 264.77. German DAX index jumped 0.8% and French CAC 40 index advanced 0.6% to 6,864.43 and 3,467.03 respectively. In contrast UK FTSE 100 closed 0.05% down at 5,935.13. 

Mon, 27 Feb 2012 09:07:29 GMT

US new home sales better than expected in January

The new home sales in US outperformed the expectations in January, said the Commerce Department on Friday, providing more evidence the property market in country is stabilizing. The number of new single-family homes purchases climbed to annualized 321 000. Economists questioned by Bloomberg predicted an increase to 315 000. 

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.