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China Bourse: Resistance Expected At 3,700 Points

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The China stock market bounced higher again on Friday, one day after snapping the three-day winning streak in which it had gained almost 50 points or 1.4 percent. The Shanghai Composite Index now sits just beneath the 3,700-point plateau although it may had back those gains on Monday.

The global forecast for the Asian markets is murky amid a cloudy outlook for interest rates. The European and U.S. markets were mixed and little changed and the Asian bourses figure to follow suit.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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