Why bad news from China could be good news for investors
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Why bad news from China could be good news for investors: Kay Van-Petersen (VIDEO) The latest manufacturing PMI figures underlined the sense of decline in China, missing expectations at an 11 month low. However, bad news may be good news, explains Kay Van-Petersen, Saxo Capital Markets Asia Macro Strategist: Initially the market took it negatively, but things turned around and rallied. What we have in China is similar to QE in the ECB where actually bad news is good news, as people interpret that as more pressure for policy support down the line. (VIEW LINK)
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Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account....
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Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account....
Expertise
No areas of expertise