Intraday Market Thoughts

China stocks tumble, Aussie capex crumble, oil supported

by Ashraf Laidi
May 28, 2015 17:21

The 7% plunge in Shanghai Composite forms a weekly gravessone doji as PBOC withdraws liquidity, while Aussie capex crumbles, opening the door for a summer RBA easing. Full chart & analysis.

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China stocks tumble, Aussie capex crumble, oil supported - Aussie Capex May 28 2015 (Chart 1)

 

 
 

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