DJIA28035.41
LIVE30.52(0.11%)
NDX8328.48
LIVE12.96(0.16%)

China stocks edge higher in thin trade ahead of Fed meeting


Tuesday, 18 June 2019 15:14 WIB

Saham Cina Shanghai compositeCSI 300 Blue-Chip


c_740_198_16777215_00_images_assets_CHINA_china-stockstytrhttjtjj-thumbs-up.jpg

China stocks inched higher on Tuesday in thin trade as market participants exercised caution ahead of the U.S. Federal Reserve's two-day policy meeting.

The blue-chip CSI300 index rose 0.4%, to 3,667.62 points, while the Shanghai Composite Index closed up 0.1%, at 2,890.16 points.

The Fed, facing fresh demands by U.S. President Donald Trump to cut interest rates, begins the meeting later on Tuesday. The central bank is expected to leave borrowing costs unchanged this time but possibly lay the groundwork for a rate cut later this year.

There is continued improvement in risk appetite as easing in global monetary policies has been confirmed, CITIC Securities analysts said in a report.

China's domestic policies have turned relatively loose as Beijing moves to manage expectations and shore up economic growth, the brokerage added.

Source : Reuters


RELATED NEWS

  • Hong Kong stocks inched down at the start of business Tuesday following the previous day's jump of more than one percent, with investors also on edge over the China-US trade talks and ongoing protests...
  • Asian shares started Tuesday softer as another day awaiting clearer news on the progress of U.S.-China trade negotiations weighed on jaded investors' sentiment. MSCI's broadest index of Asia-Pacific ...
  • Hong Kong stocks rose more than one percent Monday, staging a rebound after losing around five percent last week, with trade optimism trumping worries about violent protests in the city. The Hang Sen...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.