Biztech Podcast

Biztech Podcast


China trims lending rates again

August 22, 2022

Tina Teng Markets Analyst, CMC Markets APAC & Canada share her insights on regional markets performance as well as discuss key issues including:

  •  China’s Central Bank trimmed its five-year loan prime rate to 4.30% from 4.45% and its one year
  •  loan prime rate to 3.65% from 3.70% this morning
  •  Key things to watch out for in the week ahead including:
  •        Jackson Hole
  •       Tesla’s stock split this week.
  •       The strengthening of the USD
  •       Equities pulling back globally