Skip to main content

Featured

Chinese Stocks Plummet Amid Stimulus Concerns

  Chinese stocks experienced a significant downturn today, with the Shanghai Composite Index plummeting by 6.6%. This sharp decline comes as investors express growing anxiety over the lack of substantial economic stimulus from Beijing. The market’s reaction follows recent rallies driven by hopes for major economic interventions. However, the latest announcements from Chinese officials have failed to meet these expectations, leading to widespread sell-offs. The CSI300 Index, which tracks the top 300 stocks in the Shanghai and Shenzhen markets, also saw a substantial drop of 5.6%. Hong Kong’s Hang Seng Index was not spared, falling by 1.5% as investors moved to lock in profits after recent gains. The lack of new, impactful fiscal policies has left many market participants disappointed, contributing to the overall negative sentiment. Analysts suggest that the market’s response is a clear signal of diminishing confidence in half-hearted promises and a demand for more decisive economic meas

Your daily horoscope: July 20, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

You can no longer afford to coast along in the same old groove and living off the same old glories. Over the coming year events will conspire to force you to move in a new direction – a direction that will bring even greater successes than before.

ARIES (March 21 - April 20):

You have a tendency to leave things until the very last minute and usually that approach works well, but you will need to be more organized this weekend. On the work front, especially, you could fall out of favour if you miss an important deadline.

TAURUS (April 21 - May 21):

You must be open about what you are doing and honest about what you know you cannot do. The full moon warns if you try to muddle through or make claims you won’t be able to keep you will soon be found out, with potentially disastrous results.

GEMINI (May 22 - June 21):

Don’t worry too much about a financial matter that appears to have no solution, because the planets warn it will resolve itself when the time is right. In fact, the worse things look over the next 48 hours the more likely it is that a breakthrough will occur.

CANCER (June 22 - July 23):

This weekend’s full moon in your opposite sign of Capricorn means you would be wise not to expect others to think and act like you. The more heavy-handed your approach the more likely it is they will get stubborn and dig in their heels.

LEO (July 24 - Aug. 23):

Although life may seem a bit subdued at the moment the pace will pick up from Monday when the sun enters your sign. Your only goal this weekend must be to conserve your energy, physical and mental, so you are ready for big changes up ahead.

VIRGO (Aug. 24 - Sept. 23):

Be careful what you say this weekend because some people are going to be awfully touchy and a word out of place or even the wrong sort of look could set them off. Your criticisms may be valid but do you really want to be the villain of the piece?

LIBRA (Sept. 24 - Oct. 23):

It is inevitable that someone will make a drama out of a crisis over the next 48 hours and all you can do is keep your head down and don’t let their hysterical nonsense get to you. By the start of next week the emotional storm will be over.

SCORPIO (Oct. 24 - Nov. 22):

Life has been enjoyable of late but a change is coming and over the next few days you are going to have to get serious about your long-term ambitions. Get out and about and have fun this weekend but start thinking about the future as well.

SAGITTARIUS (Nov. 23 - Dec. 21):

Your No. 1 aim this weekend must be to make sure you don’t spend too much money. A full moon in the financial area of your chart could easily tempt you to splash out on things you probably don’t need and most certainly cannot afford.

CAPRICORN (Dec. 22 - Jan. 20):

A full moon in your sign this weekend means you will need to call on all your powers of self-control, especially when dealing with people whose outlook on life seems irresponsible or even dangerous. Have as little to do with them as you possibly can.

AQUARIUS (Jan. 21 - Feb. 19):

There will be times this weekend when it seems as if you are the only one who does not know what is going on but it really isn’t that bad. Come Monday morning you will probably find that no-one else knew what was going on either!

PISCES (Feb. 20 - Mar. 20):

The past few weeks have been hugely creative and some of the ideas you came up with were touched by genius. Now though you most decide which of those ideas are worth taking forward. Aim to do just one or two things really well.

Comments