"I have to correct one thing China is the largest consumer of oil and the rate cut will stimulate the economy and demand.'
How will it do that when it's only aimed at slowing a slide in the economy and the currency is falling making energy prices more expensive for Chinese consumers.
Are you saying when petrol prices rise Chinese will decide to drive around some more just for the fun of it?
Are you applying economic 010?
China Interest rate cut finally, page-6
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.92 |
Change
-0.100(1.42%) |
Mkt cap ! $22.47B | |||
| Open | High | Low | Value | Volume |
| $7.01 | $7.02 | $6.89 | $38.98M | 5.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 40697 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |