china stockexchange sse

Discussion in 'Markets & Economies' started by Peter, Jul 7, 2015.

  1. willrocks

    willrocks Well-Known Member Silver Stacker

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    SSE composite index down 48.8674% since 1st October 2007.
     
  2. aleks

    aleks Well-Known Member Silver Stacker

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    Time to crack out the monthly chart in just about every tradeable asset class
     
  3. barsenault

    barsenault Well-Known Member

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    Don't worry, Yellen will be coming back on T.V., and parading her croonies to say, 'we've had a change of heart.' They will not raise, heck, as Schiff has said, they may implement QE5 and go negative.
     
  4. willrocks

    willrocks Well-Known Member Silver Stacker

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  5. aleks

    aleks Well-Known Member Silver Stacker

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    lol china is now removing the circuit breakers, tomorrow should be interesting
     
  6. Peter

    Peter Well-Known Member

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  7. Peter

    Peter Well-Known Member

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  8. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I expect them to inject a massive amount of liquidity into the market before opening. May strengthen the Yuan exchange trying to seek stability
     
  9. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I'm with Caput. Covered my short before China opens.
     
  10. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    It bought them all of about 15 minutes....
     
  11. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Where is the best (free) place to get live SSE data? All my stuff is delayed.
     
  12. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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  13. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Very good.

    Do you know if the govt intervened or whether it was a legitimate market bounce (dead cat or otherwise)
     
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    They strengthened the Yuan fix by 10 basis point, the first time in 9 days which is helping giving their market a boost. Not sure if they directly injected cash
     
  15. Bit Baron

    Bit Baron Member

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    The efforts from the Chinese government reminds me of a lone man waving a red flag trying to stop a stampede.

    It's my understanding that the Chinese government are buying shares via pension funds to drive up the price.
     
  16. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    A volatile morning in China.

    It feels like it's hanging in the balance right at the moment. My gut tells me China will stabilise today and then the US (and others) will rebound overnight. But I also expect renewed selling sometime next week.
     
  17. Peter

    Peter Well-Known Member

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    Up 1.7%
     
  18. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    US non-farm payrolls will influence the markets tonight. So long as the numbers aren't terrible, I'm expected a bit of a rebound in the share markets and USD as they are oversold over the past few sessions. However the more the USD strengthens, the more likely China will have to devalue the Yuan fix next week given the Yuan's peg to the US dollar.
     
  19. Peter

    Peter Well-Known Member

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    Finishs up 2%
     
  20. errol43

    errol43 New Member Silver Stacker

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    The plunge protection team will stop any major falls in Wall St.

    Regards Errol 43
     

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