Asian Market Update: Markets Recover As China Policymakers Talk Up Coordinated Response,...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Asian indices are up modestly, lifted by chatter of bargain-hunting from key technical support levels as well as speculation over a coordinated response from the far east. Overnight, PBoC Vice Gov Chen Yulu mentioned the need for policy coordination to prevent risks amid ongoing reduction of overcapacity and deleveraging. China[​IMG]

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