Trading news

China's business confidence rises

China's business confidence appreciated for the second consecutive quarter in 2016 as per the People's Bank of China survey.

China's confidence index rises

The confidence index of the entrepreneurs' rose in the third quarter to 51.2% and was higher than the second quarter's rate by 2.2% percentage points.

The nation's retail sales and factory output appreciated at a faster pace in August, as the infrastructure spending and strong housing sector supported growth.

Furthermore, the bankers' confidence index was 2.8% higher than the period of April to June, thus climbing to 46.5% in the third quarter.

The central bank has minimized the cash which the banks should set aside in the form of reserve, as well as having ''sliced'' the interest rates six times since 2014.

Moreover, as per a survey, the residents who are willing to purchase property in the next three months escalated to 16.3%, being 1.3% higher compared to the previous quarter.

Read More

Monday, 19 Sep, 2016 / 9:31

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-s-business-confidence-rises

Trading news

 

Will the ECB disturb the waters?

· ECB unlikely to rock euro – resilient economy vs higher yields [...]

Posted on Thursday, 22 Apr, 2021 / 9:50 under

VERIZON SHARES SLIDE EVEN AFTER UPBEAT PROFIT

Verizon reported a strong start to the year, with a solid operational [...]

Posted on Thursday, 22 Apr, 2021 / 8:06 under

Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under