A surprise cut to Chinese interest rates provided good news for our clients’ investments as does the prospect of more quantitative easing in the Eurozone.
China’s central bank has lowered its one-year benchmark bank lending rate to 4.35% from 4.6%. This is the latest instrument the Chinese government has used to encourage growth in their economy. The cut in Chinese interest rates provided a timely boost to global stock markets at the end of a week which has been very mixed. Daniel Grote of Citywire has written an excellent article on the Chinese cut in interest rates and we would highly recommend people read the article. Please follow this link (http://citywire.co.uk/money/china-rate-cut-propels-buoyant-markets-higher/a853143).
Financial Advice Bristol
If you would like to speak with one of our Independent Financial Advisors and potentially receive financial advice, please contact us on 0117 923 7652. We are based in Clifton, Bristol but we are happy to service clients from across the UK and we provide free initial meetings at our client’s convenience.
Churchill Wealth Management Limited is located at 13 Alma Vale Rd, Bristol BS8 2HL, United Kingdom.
About Us: Churchill Wealth Management is a team of independent financial advisors/financial advisers (IFAs) based in Clifton, Bristol. We provide independent financial advice, including pension advice, investment advice, inheritance tax planning and protection/insurance advice.