Monthly Archives: August 2023
China’s Smaller Rate Cut Weighs Down Stock Market
Written on August 21, 2023 at 6:09 am, by 王建军
The Chinese government’s decision to modestly reduce the short-term loan rate has disappointed the market. Asian stock markets are on track for a weekly decline, partly influenced by China’s economic challenges and the prevailing global high-interest rate environment. A notable increase in the global government bond yield, reaching a level not seen in 15 years,Continue Reading
Global Equity Markets Tumble as Recession Looms
Written on August 18, 2023 at 5:53 am, by 王建军
Asian stock markets are on track for a weekly decline, but global government bond yields increased, reaching a level not seen in 15 years. Asian stock markets are on track for a weekly decline, partly influenced by China’s economic challenges and the prevailing global high-interest rate environment. A notable increase in the global government bondContinue Reading
The Impact of Rate Hikes On US Home Sales And Services PMI
Written on August 18, 2023 at 1:47 am, by 王建军
The Week Ahead: Week of 21 August (GMT+3) Tuesday, 22 August, 17:00 – US Existing Home Sales (Jul) During June, existing home sales in the U.S. witnessed a drop, reaching a five-month low of 4.16 million, which could be attributed to the impact of the Federal Reserve’s aggressive interest rate hikes on house prices. InContinue Reading
