Quote from makloda:
http://www.marketwatch.com/news/sto...x?guid={5A493113-EC6B-4E34-8445-7519044901E3}
"After the markets closed, the People's Bank of China said that it will raise the one-year yuan lending rate by 0.27 percentage points to 6.84% effective Saturday, as some market participants expected."
Quote from stock_trad3r:
oh but since it was expected it won't be that bad
maybe a 1% selloff