China’s interest-rate swaps increased
Posted 03-25-2011 at 05:57 AM by nagarjuna
Stocks
China’s interest-rate swaps increased as the Bank of China increased its lending interest rates; the consumer price index will hit a new high in this month as the result of this interest rate hike, the one-year swap contract gained six basis points to 3.27 percent yesterday. China’s central bank raised interest rate to overtake Japan’s economic growth, because it is the world’s second largest country in economic growth in 2010.
Japanese stocks rose after the decline of U.S. unemployment claims and the efforts to rebuild destroyed assets due to the earthquake and tsunami. Nikkei 225 rose 0.9 percent to 9,523.76 after the fall of 8 percent from March 11 as the world’s biggest earth quake on that day. There was a big loss due to this Tsunami but we can expect the demand for reconstruction of those losses in Japan. Futures on the Standard & Poor’s 500 Index gained 0.9 percent after the corporate profits beat analyst's estimates.
China’s interest-rate swaps increased as the Bank of China increased its lending interest rates; the consumer price index will hit a new high in this month as the result of this interest rate hike, the one-year swap contract gained six basis points to 3.27 percent yesterday. China’s central bank raised interest rate to overtake Japan’s economic growth, because it is the world’s second largest country in economic growth in 2010.
Japanese stocks rose after the decline of U.S. unemployment claims and the efforts to rebuild destroyed assets due to the earthquake and tsunami. Nikkei 225 rose 0.9 percent to 9,523.76 after the fall of 8 percent from March 11 as the world’s biggest earth quake on that day. There was a big loss due to this Tsunami but we can expect the demand for reconstruction of those losses in Japan. Futures on the Standard & Poor’s 500 Index gained 0.9 percent after the corporate profits beat analyst's estimates.
Total Comments 0
Comments
Total Trackbacks 0
