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Europe Bonds Drop on Greece; Asia Stocks Rise on China Rate Cut
[Bloomberg] - Asian stocks gained after China’s central bank cut interest rates for the third time in six months. China is bolstering stimulus as data signal the world’s second-largest economy may struggle to meet its official growth target of about 7 percent. “The to-ing and fro-ing on Greece, given they’ve got that payment to the IMF due very soon,” is weighing on euro, said Joseph Capurso, a strategist at Commonwealth Bank of Australia in Sydney.
Europe Bonds Drop on Greece; Asia Stocks Rise on China Rate Cut - Yahoo Finance
[Bloomberg] - Asian stocks gained after China’s central bank cut interest rates for the third time in six months. China is bolstering stimulus as data signal the world’s second-largest economy may struggle to meet its official growth target of about 7 percent. “The to-ing and fro-ing on Greece, given they’ve got that payment to the IMF due very soon,” is weighing on euro, said Joseph Capurso, a strategist at Commonwealth Bank of Australia in Sydney.
Europe Bonds Drop on Greece; Asia Stocks Rise on China Rate Cut - Yahoo Finance
