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USD/CNH: Animal spirits are in control of China’s equities
China equities & its proxies are resilient against a lacklustre macro environment. Sentiment-driven animal spirits are playing a key role in the recent rebound of China equities. USD/CNH (part of the sentiment-driven factor) has flashed exhaustion conditions after failing to break above the key 200-day moving average. The past four days of performances seen in […]...
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Posted: May 5 2023, 06:00
Author Name: marketpulse
Views: 081859