Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
China's Second Rate Cut Sparks Concerns of Instability in Global Markets

China's Second Rate Cut Sparks Concerns of Instability in Global Markets

CointimeCointime2024/07/25 11:56
By:Cointime

China's unexpected reduction in interest rates has caused panic and increased risk aversion in the market. According to one observer, the steepest risk is the steepening of the U.S. Treasury yield curve. On Thursday, risk assets declined as a result of China's second interest rate cut in a week, raising concerns about instability in the world's second-largest economy.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Metrics Ventures: The market has provided the answer; quietly accompanying the industry's growth is the best strategy

Ride the wave, trade the trend, this heart is bright, what else is there to say.

Chaincatcher2024/11/09 23:33

BlackRock’s Bitcoin ETF flips gold fund

Cointelegraph2024/11/09 17:55

SEC mulls approving Ethereum ETF options

Cointelegraph2024/11/09 17:55