2024-09-27 15:20
IndustryOctober forex seasonals: It's harvest time
When markets open up on Monday, it will be October. Notably, Chinese markets will be open Monday as the Chinese Communist Party celebrates 75 years in power. From there, Chinese equity markets will be closed for the remainder of the week.
That's an important detail because China has been rolling out stimulus measures and leaks about further stimulus measures. That turn had goosed risk assets this week and led to a 10% rally in Chinese equities in the best 4-day stretch since 2020.
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October forex seasonals: It's harvest time
| 2024-09-27 15:20When markets open up on Monday, it will be October. Notably, Chinese markets will be open Monday as the Chinese Communist Party celebrates 75 years in power. From there, Chinese equity markets will be closed for the remainder of the week.
That's an important detail because China has been rolling out stimulus measures and leaks about further stimulus measures. That turn had goosed risk assets this week and led to a 10% rally in Chinese equities in the best 4-day stretch since 2020.
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