China stockmarket opening indications - Shanghai Comp to open down 0.5%

Discussion in 'Market News' started by ForexLive, Jan 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Pre-market indications show the Shanghai Comp to open -0.5% - CSI300 index to open -0.6% More: - Overnight repo rate has risen to a nine-month high There are extra liquidity demands ahead of and into the lunar new year holiday. I'm assuming that's whats behind this jump in rates (I could be wrong) and I expect more liquidity will be provided (inlikelt to be wrong on this bit though)

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