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Monthly Archives: August 2023

China’s Worsening Property Slump Dampens Market Sentiment

Written on August 14, 2023 at 6:15 am, by

Chinese equity markets are grappling with selling pressures due to the nation’s escalating property concerns, which have cast a shadow over market sentiment. Chinese equity markets, including the Hong Kong stock market, are grappling with selling pressures due to the nation’s escalating property concerns, which have cast a shadow over market sentiment. Compounded by theContinue Reading

CPI Falls Short Of Market Consensus, Dollar Stands Pat

Written on August 11, 2023 at 6:38 am, by

The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. While the reading showed an increase compared to the earlier figures, indicating a rise in inflation, it fell short of theContinue Reading

Decline in UK CPI Signals Rate Hikes Efficacy

Written on August 11, 2023 at 3:20 am, by

The Week Ahead: Week of 14 August (GMT+3) Tuesday, 15 August, 15:30 – US Retail Sales (MoM) (Jul) In May, US Retail Sales showed a 0.2% increase on a monthly basis, falling short of the anticipated 0.5%. Nevertheless, there’s a silver lining as May’s figures were revised upwards from 0.3% to 0.5%, hinting at resilientContinue Reading

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