HANG SENG INDEX

How will market react to China cutting interest rate?

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Chinese Central Bank unexpectedly cut the interest owing to its downtrend industry output. Cutting the interest rate may have pros and cons that depends on how does the market react. Will market feel excited about the policy decision or worry about the outlook of the China economy? Monday market open will be answer. ( However, Aud and Nzd were positively reacting to the News.)

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