129836519618593750_317Central Bank interest rate cuts to stimulate funding to reduce the pressure of RMB appreciation
Beijing time on June 7, suddenly announced that China's Central Bank cut interest rates 0.25%, message out quickly to boost sentiment in the overseas market, many stock started to line up. At 21 o'clock in the evening
Diablo 3 CD-KEY, the Dow Jones industrial average futures rose by 62 basis points, 12,483 points, compared with 19 points before the rate cut 12,421, 0.6 per centAround. NASDAQ 100 futures up 13 points, to 2,567.
Standard and poor's 500 index futures up 10.1 points, 1325.6, or 0.77%. Meanwhile, the stock market hear sound and movements in several countries in Europe. United Kingdom Financial Times 100 index 1.8%, 5481.15. Germany DAX30 index 1.95%, 6212.6. France CAC40 rose 1.32%, 3098.74.
As of publication, the Dow Jones industrial average rose 0.86%, the NASDAQ rose 0.45%, p 500 rose 0.47%. In addition, of the euro against the dollar quotation 1.2567 rose by 19 points, the highestRushed 1.2624, but soon fell back to 1.2567. 79.33 rises of the dollar against the yen by 19 points to 79.76 21 points, after falling slightly. Euro's rise against the dollar is not high, only a maximum of 0.35%, and were quickly dropped. The highest rise of the dollar against the yen has reached 0.76%, and fell back modestly. As the dollar index structure,Euro and the yen-dollar exchange rate is one of the major part, close to the reverse of the trend in the dollar
SWTOR Credits, dollar index, just a little bit down. Central University of finance and Professor Ying Zhanyu, Renmin University of China finance and Securities Research Institute researcher in an interview with the daily economic news reporter said that, based on the theory of foreign exchange parities and for the World Bank's low interest rate policy, the interest rate cuts to stimulate fundingGold surface, reducing the pressure of RMB appreciation, avoid the brunt of more capital inflows. 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