Rate Hike Affects Asia Too | Business| Economy and finance news from a German perspective | DW | 15.06.2017
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Business

Rate Hike Affects Asia Too

After the rate hike in the USA, markets came under pressure. Especially in Hong Kong. But in Shanghai the leading indicator at the end of the trading day hardly fluctuated. While the Hongkong Monetary Authority raised the key interest rate, the Chinese Central Bank in Bejing left it unchanged.

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