Next generation investment company
HelpСontacts
Phone:  +44 20 3670 9945 Call us 24/7

We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. You consent to our cookies if you continue to use our website. You may withdraw your consent at any time.

EXANTE expert says Coronavirus on course to bring down world markets as China fails to prevent economic shock

EXANTE expert says Coronavirus on course to bring down world markets as China fails to prevent economic shock

Whilst the Chinese authorities have revealed a number of measures to calm market panic, such as injecting 1.2 trillion yuan (US$170bn) in the markets, the purpose of which to purchase securities from investors looking to exit the markets and stabilise asset prices, the happenings of the last few weeks have put most investors at somewhat of a Coronavirus Crossroads.

To give some detail on happenings, as I write this article news on coronavirus is moving exceedingly quickly and everything is potentially subject to dramatic change. The PBOC has lowered interest rates on reverse repurchase agreement from 2.5 per cent to 2.4 per cent. China’s rhetoric remains committed to doing whatever is needed but that still may not be enough. Coronavirus has already taken more lives than SARS epidemic which took in total 249 lives in 2003.

Read the full article on Agilitypr News.

Next article
Created by professionals. For professionals.
Nearest representative office:  EXANTE LTD.
1 Fore Street,
London
EC2Y 9DT, +44 20 3670 9945
Version 0.4.100
EXANTE Was Named Best Trading Platform 2019

Global Banking and Finance Review magazine awarded EXANTE with the ‘Best Trading Platform 2019’ prize. EXANTE gained recognition for its pioneering technology and an extensive offering of global assets.