China keeps cutting rates

Join Kelvin Wong, Senior Market Analyst at Oanda in Singapore, on Biztech’s Asian Midday Market Watch today at 1 pm SGT.

The stimulus headlines keep coming out of China, as the PBOC cuts the 1-year MLF by 30 basis points this morning.

Kelvin guides us through market reactions to China’s measures so far. He unpicks today’s MLF rate cut and the implications of China’s raft of stimulus measures this week. Will it succeed?

Presenter: Jeffery Halley