Chinese Stocks Rise for Second Day as Volatility, Trading Slump (News: 23/05/16)
Today’s Press
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GE to Invest $1.4 Billion in Saudi Arabia
General Electric Co. on Monday announced a raft of investments worth at least $1.4 billion in Saudi Arabia as the Persian Gulf kingdom seeks to reduce its oil dependence by further opening up its economy to international businesses.
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Wall Street set to open flat, focus on Fed speakers
Wall Street looked set to open little changed on Monday as investors awaited speeches by U.S. Federal Reserve officials this week for clues on the timing of the next rate increase.
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Chinese Stocks Rise for Second Day as Volatility, Trading Slump
Chinese stocks rose for a second day, with volatility plunging to 15-month lows, as investors sought companies least exposed to a slowdown in the manufacturing economy.
Next Trading Day’s Important Events
- 06:05 (GMT+3) RBA’s Governor Glenn Stevens Speech
Forex Quotes:
- USDJPY: 109.49
- EURUSD: 1.1191
Indices:
- S&P 500: 2,051.75
- NASDAQ : 4,778.60
Source:: Chinese Stocks Rise for Second Day as Volatility, Trading Slump (News: 23/05/16)