Chinese Prime Minister, Lee: downward economic preasure remains

Market news

15 July 2016

Chinese Prime Minister, Lee: downward economic preasure remains

stable in H1 2016, performed in line with expectations.
government confident of meeting major targets for this year.
government debt ratio is low.
household savings are high.
plenty of tools available in the governments policy box.

Major stock indexes in Europe show a negative trend

Bank of England, Haldane: Material easing likely to be needed in August. GBP/USD down 100 pips so far

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