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Top related persons:
Peter Nicholls - 1 Stephane Ekolo - 1 China sneezes - 1 Ekolo - 1 Alun John - 1 Amanda Cooper - 1
Top related locs:
London Britain China American Antofagasta
Top related orgs:
Chartered - 1 REUTERS - 1 Bloomberg - 1 Miners - 1 HK - 1 Prudential - 1 TFS - 1 Thomson - 1

Search resuls for: "China sneezes"


2 mentions found


☆ China-exposed European stocks rise after report of new stimulus
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: +1 min
The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON, Oct 10 (Reuters) - China-exposed European stocks rose on Tuesday after Bloomberg reported China is looking to increase its budget deficit for 2023, part of a new round of stimulus to help the economy. Miners Anglo American , Antofagasta (ANTO.L) and Glencore (GLEN.L), and financial services companies Standard Chartered (STAN.L), (2888.HK) and Prudential (PRU.L) all rose 3-5%. Stephane Ekolo, global equity strategist at TFS Derivatives, said the news was "absolutely" driving price action in European assets. "When China sneezes, the world catches a cold, so a new potential stimulus is seen as a positive catalyst," Ekolo said.
Persons: Peter Nicholls, Stephane Ekolo, China sneezes, Ekolo, Alun John, Amanda Cooper Organizations: Chartered, REUTERS, Bloomberg, Miners, HK, Prudential, TFS, Thomson Locations: London, Britain, China, American, Antofagasta
☆ Copper and Aluminum Bulls are Running Too Fast
  + stars: | 2022-12-09 | by ( Megha Mandavia | ) www.wsj.com   time to read: 1 min
Aluminum prices are up about a fifth from their late September lows. The cliché is that when China sneezes, commodities catch a cold. Logically, then, when it’s feeling better the commodity complex should too: Industrial metals like copper, aluminum and iron ore have staged an impressive rally recently as signs that China is preparing to reopen become more obvious. This time, however, there are a few wrinkles that should give investors pause: especially the still-dire state of the nation’s housing market, which constitutes the single largest source of global demand for metals like iron ore.
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