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CHINA: Country Wrap: Stocks Rally on Stimulus Hopes. 

CHINA
  • Chinese Stocks Jump as Traders Position Ahead of Key Meeting (source: BBG)
  • China Says Confidence Returning Ahead of Key Politburo Meeting (source: BBG)
  • Chinese stocks are finishing the week strongly with the major indexes all up over 1%.  Hang Seng +1.35%, CSI 300 +1.55%, Shanghai +1.23%, Shenzhen +1.50% with some market commentators speculating that there is a chance of further stimulus announcements in the coming day.
  • CNY: Yuan Reference Rate at 7.1848 Per USD; Estimate 7.2513
  • Bonds:  the 10YR will finish the week comfortably below the 2.0% level at 1.95%. 
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  • Chinese Stocks Jump as Traders Position Ahead of Key Meeting (source: BBG)
  • China Says Confidence Returning Ahead of Key Politburo Meeting (source: BBG)
  • Chinese stocks are finishing the week strongly with the major indexes all up over 1%.  Hang Seng +1.35%, CSI 300 +1.55%, Shanghai +1.23%, Shenzhen +1.50% with some market commentators speculating that there is a chance of further stimulus announcements in the coming day.
  • CNY: Yuan Reference Rate at 7.1848 Per USD; Estimate 7.2513
  • Bonds:  the 10YR will finish the week comfortably below the 2.0% level at 1.95%.