WALL STREET 1

TODAY, WALL STREET LOOKS TO REBOUND FROM HUGE LOSSES WHILE CHINA SLASHED INTEREST RATES TO BOOST ECONOMY.

 

NOW, CHINA’S CENTRAL BANK HAS CUT INTEREST RATES….AND INJECTED USD 23.4 BN OF LIQUIDITY INTO MARKETS, LET’S SEE WHAT WALL STREET IS GOING TO DO TODAY, WHILE SOME EMERGING MARKETS RECOVERED FROM MONDAY 24 AUGUST ROUT.

TRADING IS ABOUT TO BEGIN IN NEW – YORK…

TODAY, INDIAN STOCKS CLOSED UP 1.1% WHILE BRAZILIAN CURRENCY AT LOWEST LEVEL IN 12 YEARS.