China to Go Slow on Policy Easing Measures?
Asian stock markets registered a dip as Chinese stocks fell below a 13-month high over concerns that the government could slow down
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Last updated: Monday, April 22, 2019
Asian stock markets registered a dip as Chinese stocks fell below a 13-month high over concerns that the government could slow down the policy easing measures as the state of the Chinese economy improves.
Last week, Asia-Pacific shares’ index MSCI touched a nine-month high over better than expected Chinese economic data that helped dispel investor concerns about global economic growth slowdown.
During today’s Asian session, the Shanghai Composite Index closed 1.3% lower, while the Japanese NIKKEI225 remained little changed.
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Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.
His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.
His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
