China surprises markets again by cutting key MLF rate

China surprises markets again by cutting key MLF rate to 2.3% from 2.5%. Biggest rate cut for one-year policy loans since April 2020. The People's Bank of China conducted an unscheduled lending operation at a much lower interest rate.

Asia market in red tracking global sentiment as disappointing earnings reports weigh on investor sentiment

Asia market in red tracking global markets as disappointing earnings reports weigh on investor sentiment. Japan, Australia and China hit lowest levels in almost a month as business activity data from Japan, China and the U.S. Falls. US stock futures fell sharply on Wednesday on disappointing quarterly results from mega-cap tech firms Tesla and Alphabet.

Asia-Pacific market mixed ahead of batch of earnings reports, key U.S. economic data

Asia-Pacific market mixed ahead of batch of earnings reports, key U.S. Economic data. The Asia-Pacific equity market were mixed on Tuesday, tracking a technology-led rebound on Wall Street overnight. Japan rose slightly from three-week lows, while China and Hong Kong both fell. In the US, all three major indexes ended higher on Monday, driven by tech stocks.

Weekly Report: what happened at CAF last week (0715-0719)?

Asia market mostly in red as traders access surprise PBOC cuts, Biden drops out of 2024 race

Asia market mostly in red as traders access surprise PBOC cuts, Biden drops out of 2024 race. China's central bank's unexpected policy rate cut to support the economy. Markets also weighed US President Joe Biden's decision to end his reelection bid. Bitcoin climbs to around $68,000 as investors book profits.

PBOC unexpectedly cuts LPR rates and short-term policy rates to bolster economic recovery

PBOC unexpectedly cuts LPR rates and short-term policy rates to bolster economic recovery. The People's Bank of China cut its one-year and five-year loan prime rates to record lows of 3.35% and 3.85%. The central bank also lowered the seven-day reverse repo rate to 1.7%.

China's Third Plenum: Leaders pledge reforms, but dampen stimulus hopes

Asia-Pacific market mixed tracking global selloff on tight U.S. chip export curbs to China

Asia-Pacific market mixed tracking global selloff on tight U.S. Chip export curbs to China. Japan comes under pressure from a sharp rally in the yen. India's shares hit a record high for the fourth straight session. The Asia-Pacific equity market were mixed on Thursday following a weak lead on Wall Street.

Asia markets in red, yen on intervention watch; eyes on updates as Third Plenum unfolds

Asia markets in red, yen on intervention watch; eyes on updates as Third Plenum unfolds in China. The Japanese yen steadied near its strongest levels in a month as investors digest President Xi Jinping's recent address at the third plenum. Bitcoin climbs above $65,000, hitting its highest levels in nearly a month.

Asia-Pacific markets mixed as traders assess Powell's dovish remarks; eyes on more earnings

Asia-Pacific markets mixed as traders assess Powell's dovish remarks; eyes on more earnings. Nikkei 225 Index rises in post-holiday trade in Japan; India hits a record high for third straight day. Federal Reserve Chair Jerome Powell's remarks on rate cuts boosted Wall Street overnight. Bitcoin advanced toward $65,000 on Tuesday.

Weekly Report: what happened at CAF last week (0708-0712)?

Asia-Pacific markets mixed as investors access China's mixed economic data, Trump attack

Asia-Pacific markets mixed as investors access China's mixed economic data, Trump attack Saturday. Fresh data showed the Chinese economy grew less than expected in Q2 of 2024. Retail sales in June fell to a 17-month low of 2%. India's equities increased 226 points or 0.3% in early deals.

China retail sales growth slumps unexpectedly in June; industrial output growth beats estimates

China retail sales growth slumps unexpectedly in June; industrial output growth beats estimates. China's retail sales rose by 2% year-on-year in June 2024, falling short of market forecasts of 3.3%. China’s industrial production advanced by 5.3% in June, beating market expectations of 5% growth.

China's Q2 GDP expands 4.7% below estimates amid property downturn, weak domestic demand

Asia markets mixed after China's trade data; Nikkei falls on suspected yen intervention

Asia markets mixed after China's trade data; Nikkei falls on suspected yen intervention in Japan. The Asia-Pacific equity market was mostly higher on Friday as investors absorbed the latest economic data from China. Japan's nikkei index tumbled after BOJ conducted rate checks with banks on the euro-yen cross on Friday. In the U.S., investors weighed mixed signals on Wall Street after cooler-than-expected US inflation report.

China posts largest trade surplus in nearly two years, as exports surge; imports weaken

China posts largest trade surplus in nearly two years, as exports surge; imports weaken. China's trade surplus surged to $99.05 billion in June 2024 from $69.80 billion a year earlier, surpassing market expectations. In June, China's exports surged 8.6% year-on-year, while imports unexpectedly fell 2.3%.

Asia markets mostly advance, Japan's Nikkei crosses 42,000 mark, eyes on US CPI report

Asia markets mostly advance, Japan's Nikkei crosses 42,000 mark, eyes on US CPI report due later today. Japan'sNikkei 225 Index jumped to close at 42,224 on Thursday, reaching a new all-time high. The Asia-Pacific equity market mostly rose, as a rally on Wall Street buoyed sentiment. Investors await US CPI data for June, with the S&P and Nasdaq reaching record highs on Wednesday.

Asia markets mostly lower as traders digest inflation data from China; Powell’s caution

China's consumer inflation rate softens in June amid weak domestic demand; PPI falls by 0.8%

China's consumer inflation rate softens in June amid weak domestic demand; PPI falls by 0.8% year-on-year. The annual inflation rate in China ticked lower to 0.2% in June 2024 from 0.3% in the previous month. Producer prices in China decreased by 0,8% in May, in line with forecasts.

Asia markets rise tracking global market sentiment; Nikkei index hits new all-time highs

Asia markets rise tracking global market sentiment; Nikkei index hits new all-time highs in Japan. Japan's equities track mixed session on Wall Street, with a keen focus on upcoming inflation data and earnings season. India's equity market hits a fresh record peak, while China's index rebounds from five-month lows.