The People's Bank of China (PBOC), the central bank, says it pursues its monetary policy "neither too tight nor too loose" while maintaining market liquidity at a reasonably ample level but markets expect the PBoC to adopt an easier monetary policy stance in 2020 amid a slowing economy.
WHILE the world is heading into the Christmas Holiday period, markets are not standing still, reaching the new record highs.
Over the past week, the S&P 500 Index increased by 1.65%, Nasdaq Composite Index gained 2.18%, Dow Jones Industrial Average Index improved 1.14%, Volatility S&P 500 Index has lost 0.95%, UK 100 Index was up by 3.11%, DAX Index added 0.27%, Hang Seng Index went up by 0.66%, meanwhile Euro Stoxx 50 Index gained 1.22%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
