Our systems have detected that you are using a computer with an IP address located in the USA.
If you are currently not located in the USA, please click “Continue” in order to access our Website.

Local restrictions - provision of cross-border services

Swissquote Bank Ltd (“Swissquote”) is a bank licensed in Switzerland under the supervision of the Swiss Financial Market Supervisory Authority (FINMA). Swissquote is not authorized as a bank or broker by any US authority (such as the CFTC or SEC) neither is it authorized to disseminate offering and solicitation materials for offshore sales of securities and investment services, to make financial promotion or conduct investment or banking activity in the USA whatsoever.

This website may however contain information about services and products that may be considered by US authorities as an invitation or inducement to engage in investment activity having an effect in the USA.

By clicking “Continue”, you confirm that you have read and understood this legal information and that you access the website on your own initiative and without any solicitation from Swissquote.

Research Market strategy
by Swissquote Analysts
Live Analysis

China stocks higher on better trade outlook


US-China trade discussions are making progress. Six memoranda of understanding are in draft that cover technology transfer and cyber theft, intellectual property rights, currency, agriculture and non-tariff barriers to trade. Expectations are that a 1 March tariff-hike will be avoided. A US-China deal is unlikely to spark a double-digit rally, but it will support Chinese shares. Chinese stocks reacted sharply, climbing nearly 2.0% today. After a deep correction in 2018, they have been on a rally since November, up over 20%. The largest gainer was Shanghai Aerospace Automobile Electromechanical, up 10%.

The Chinese central bank has not cut its key interest rate. It has focused on micro tuning market-based rates, increasing credit growth and lowering borrowing costs. Still, a cut is coming, in our view, and it will profoundly affect domestic equity prices. Despite clear signs of global deceleration, China’s economy is stable. January sales of passenger vehicles in China collapsed 18% to just over 2 million. January home-price growth slipped to a 9-month low, showing the property markets are cooling as the economy softens.

High/Low /