Weakening Amid Positive DJIA Stock in China

Dow Fut still recorded gains Wednesday after the session was closed steady yesterday's session of the previous gains, supported by stimulus measures from China is still not strong enough to boost its market share. This afternoon back China's central bank will provide short-term loans amounting to 140 billion yuan to stabilize its financial markets, but this step has not reacted to the market.

Asian stocks fell early in the session Wednesday as investors worried about the latest action of the central bank's rate cut will not be sufficient to stabilize China's economy is slowing or stopping its stock market collapse.

China's main stock exchange had tried several times higher in early trading session but again depressed by selling, reflecting investors' view that it still needs more support from governments and central banks.

Following the weakening of almost 20% in 3 days on stock prices, the People's Bank of China (PBOC) cut interest rates at the end of Tuesday and lowered reserve bank guarantee as a precaution were deemed too late by economists.

Although the dual policy gets cheers from market participants at first, but its impact does not last as investors quickly returned to continue their focus on China and the world economic slowdown.


Bearish Trend.

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