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How Are Markets Responding To China's Sudden Rate Cuts?
Market Depth
The Market Response to the China Reopening
The trading volume has been really dead today. That is also what I mean by deafening silence from markets. It's not just a lack of price appreciation by percentage terms, but the actual trading volume itself being down on the day. And so why is the market like responding in such a way? Well, see this clip from May 26th. Okay, it's called markets give up on the China reopening. Because in my view, if such a market response of an immediate sharp move upwards were to come, it would be short lived.
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