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Showing the power of easier monetary policy to (at least temporarily) move shares, the China 25...

Showing the power of easier monetary policy to (at least temporarily) move shares, the China 25 ETF (FXI +2.1%) is sharply higher premarket despite a 3.3% swoon in Chinese shares overnight (easing announcement was made after Shanghai's close).
Comments (1)
  • Barry Crocker
    , contributor
    Comments (441) | Send Message
     
    The market forced their hand. Hilarious !! It's a half of one percent cut in the low 20's.
    30 Nov 2011, 07:29 AM Reply Like
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