China trims lending rates again

Tina Teng Markets Analyst, CMC Markets APAC & Canada shares her insights on regional markets performance as well as discuss key issues including:

•  China’s Central Bank trimmed its five-year loan prime rate to 4.30% from 4.45% and its one year
•  loan prime rate to 3.65% from 3.70% this morning
•  Key things to watch out for in the week ahead including:
  • Jackson Hole
  • Tesla’s stock split this week.
  • The strengthening of the USD
  • Equities pulling back globally

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