Friday, October 22, 2010

China\'s monetary policy remains stimulative: Nomura

Here is expert equity call for the day on how the markets are expected to trade:

Sean Darby, Nomura: The surprise term and lending rate hike by the PBOC may unsettle equity markets in the short-term, but monetary policy remains stimulative with real interest rates negative. Equity markets ought to have little to fear from the rate hike.

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