China data: The good and the bad; US fundamentals don't support a near-term rate hike

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Marcus Ashworth, Head of Fixed Income at Haitong Securities, joined Tip TV in today’s Finance Show to speak on the Chinese economy, stocks, and the Federal Reserve rate hike. China remains a work in progress Ashworth speaks on the Chinese data release, noting that there is both good and bad news. He highlights the risk of Chinese authorities lowering their GDP target ahead. On the question whether the Chinese action of trickling down money to consumers is working, Ashworth answers that the

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