Stock markets

Stock markets rebound on China rate cut

Asian and European shares rebounded Friday on China’s hobby fee reduction, after sinking the day gone by on fears that sky-high inflation could spark an international downturn. “Markets had been seeking out an excuse to dance, and a China rate reduce provided the motive,” IG analyst Chris Beauchamp informed. “It isn’t much when set against the broader (rate) tightening we are seeing

Loading...