Friday 23 October 2015

China Cuts Interest Rate by 0.25 Percentage Points, Effective From Oct. 24

According to the flash news received just now, China is going to cut interest rates by 0.25% effective today, i.e. October 24, 2015. Please see the link given below:

http://www.bloomberg.com/news/articles/2015-10-23/china-cuts-interest-rate-by-0-25-ppt-effective-from-oct-24

This will have no impact on my views published earlier. The links of all my posts are given on the right of this post.

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The author can be contacted at riskadvisory@outlook.com

Disclaimer:
These extracts from my trading books are for educational purposes only. Any advice contained therein is provided for the general information of readers and does not have regard to any particular person's/ corporation’s investment objectives, financial situation or needs and must not be construed as advice to buy, sell, hold or otherwise deal with any commodities, currencies, securities or other investments. Accordingly, no reader should act on the basis of any information contained therein without first having consulted a suitably qualified financial advisor.


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