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Wednesday, January 8, 2025

Asia Market Movers: Chinese equities tumble as regulators announce new trade-in subsidies

Chinese equities tumble as regulators announce new trade-in subsidies

Equities are heavy across the region following the softness on Wall Street on Tuesday. Chinese shares in particular are under the hammer. We had a press conference today from the State Planner, the Na... 

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Bank of England speakers Wednesday are addressing Prudential Regulation and Policy

1000 GMT/0500 US Eastern time: BOE Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority Sam Woods and BOE's executive director, Prudential Polic... 

PBOC official promises to aid banks in lending money for trade-in initiatives

PBOC Official Peng Lifeng: PBOC will help banks in increasing loans for trade-in initiative will step up financial support for private and small firms in equipment upgrades allocates 100bn yuan loans... 

China's State Planner to expand the scope to implement two new policies

China's National Development and Reform Commission of the People's Republic of China (NDRC): This year, we will increase efforts and expand the scope to implement two new policies. We will continue t... 

Czech National Bank governor is considering buyin Bitcoin for future reserve strategy

The Czech National Bank, is the central bank and financial market supervisor in the Czech Republic. Governor AleÅ¡ Michl is reported as having considered Bitcoin as a potential diversification strategy... 

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Latest Forex Orders

FX option expiries for 7 January 10am New York cut

There isn't much on the option expiries board for today. As such, trading sentiment will continue to focus on the early positioning plays to start the week. The dollar was a little weaker on tariff ho... 

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