First chart is rate cuts. Change in deposit rate, lending rate and the next day stock market change. The only drop following a rate cut was August 25 of this year, amid a global sell-off.
RRR cuts are not as positive, with equities falling after the past 4 cuts. The chart shows the before, after, change in RRR, then the next day returns for the Shanghai and Shenzhen stock markets.
Source: 中国央行历次降息、降准后股市次日表现一览
Easter Eggs (1 of 21): Hot Air
-
FEEDPreface to all 21 parts: This is a special holiday weekend, because not
only does it contain Good Friday and Easter, but it also begins the Slope
of Ho...
No comments:
Post a Comment