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CHINA PRESS

Copy of China Repo Rates Fall on Wednesday

CHINA PRESS

Evergrande Risks Can Be Controlled: PBOC

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  • Another low for Bank stocks (SX7E), and we now trade at lowest levels since the 4th August, and through initial support at 93.56 (20th August low).
  • Next support comes at 92.39 the 50% retrace of the July/August rally.

Chart source: Bloomberg