Yearly Archives: 2023
U.S. Retail Sales Rise Echo Hawkish Fed Outlook
Written on August 16, 2023 at 5:54 am, by 王建军
Following the release of increased US Retail Sales data, the U.S. equity market experienced a decline as investors leaned towards a hawkish Fed policy stance. Last night, the spotlight was on U.S. retail sales data, which surpassed market expectations by coming in at 0.7%, an improvement from the previous figure of 0.3%. The increase inContinue Reading
China Unexpected Rate Cut To Boost Economy
Written on August 15, 2023 at 6:23 am, by 王建军
The surprise interest rate cut by the People’s Bank of China has sparked apprehensions within the market. China has taken an unexpected decision to reduce its interest rate as a measure to invigorate its persistently subdued economy. The action, carried out by the People’s Bank of China, has sparked apprehensions within the market regarding theContinue Reading
China’s Worsening Property Slump Dampens Market Sentiment
Written on August 14, 2023 at 6:15 am, by 王建军
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
