October 21, 2010 | Daily JAM, Morning Briefing |
Yesterday, October 20, stocks climbed in Shanghai as Chinese investors convinced themselves that the move by the People’s Bank meant that the government would not act further to slow inflation or to reduce speculation in the real estate market. Today, October 21, they’ve reversed course.
October 20, 2010 | Daily JAM |
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October 20, 2010 | Daily JAM |
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October 20, 2010 | Daily JAM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
October 19, 2010 | Daily JAM, Morning Briefing |
The question for global stock prices is whether the morning’s declines on China’s markets build enough momentum to produce one of those rolling global corrections where falling prices in Asia lead to falling prices in Europe that lead to falling prices in the U.S. market that lead to another decline in Asian markets.
October 19, 2010 | Daily JAM, Videos |
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October 19, 2010 | Daily JAM |
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October 19, 2010 | Daily JAM, Morning Briefing |
The People’s Bank of China raised its one-year lending rate to 5.56% from 5.31% and its deposit rate by 0.25 percentage points to 2.5%. The move sent markets lower around the world. China almost never changes its benchmark rates. So why raise them now?
October 19, 2010 | Daily JAM |
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October 18, 2010 | Daily JAM |
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October 18, 2010 | Daily JAM, Videos |
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October 18, 2010 | Daily JAM |
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