Several economic indicators-from investment growth to factory production to retail sales-showed weakness last month. Economists say China could miss its annual growth target-set at about 7.5% for 2014-for the first time since the 1998 Asian financial crisis.
China's central bank due to market pressure cut interest rates for the first time in more than 2 years, in a sign that the country's leadership is leaning toward more drastic measures to improve slowing economic growth.
So what are the stock to look at?
Capitaland , according to TradersGPS chart, there was a buy signal on the 14th Nov. The current resistance is at 3.30. Momentum of the stock should continue to be bullish.
We are having introduction course on how to use the TradersGPS system.
Place : 17 Phillip St , Grand Building #08-00 S048695
Time : 7pm -9pm
Date : 26th Nov 2014
Please sms to 91727012 Alicia to register.
The post What to look at when China reduce it interest rate? appeared first on Singapore Stock Analysis | Opening Trading Account | Collin Seow.
Created by Collin Seow | Aug 14, 2024
Created by Collin Seow | Jul 31, 2024
Created by Collin Seow | Jun 26, 2024
Created by Collin Seow | May 29, 2024
Created by Collin Seow | May 15, 2024
Created by Collin Seow | Apr 24, 2024