After the hike in the Far East

Posted by Allen
March 19, 2007 at 8:08 am

The Chinese central bank hiked deposit rates as well as lending rates by 0.27% for commercial banks. While the market gapped down huge, it quickly recovered and ended up big in the red(in China, red is up). Very bullish. A chart is included/uploaded below. Might not show up though.



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1 Response to "After the hike in the Far East" »

Pingback by Update on Chinese markets | Stock Trading 101
2007-04-03 05:27:11

[...] MarketsAfter the New YearChinese Stock Market BullishAfter the hike in the Far EastHighlights From This [...]

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