CXSE

Asia-Pacific market mostly rebound, yen steadies; U.S. data in focus

Asia-Pacific market mostly rebound, yen steadies; U.S. Data in focus. Tokyo's core inflation rate accelerated for a third month in July to highest level since March. Japan's benchmark fell to its lowest level in three months; yen held around 153.60 per dollar.

Multi-Asset Mid-Year Outlook Global Growth Picture Supports Risk Assets

PBOC Surprises Markets With An Off-Schedule 20bp Cut To The MLF

PBOC Surprises Markets With An Off-Schedule 20bp Cut To The MLF. Collateral reductions for MLF signal the PBOC's intention to cool the bond market. The PBOC cut the 1-year medium-term lending facility (MLF) rate from 2.5% to 2.3%.

Election 2024: Economics, Policy And Positioning For A Soft Landing

The U.S. Economy should be resilient in the second half of 2024 and into 2025. The S&P 500 enjoyed a solid start to the year. The main risk for investors ahead of the 2024 election would be to cash out, says Seema Shah. Trade is a clear bipartisan focus for the upcoming election.

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.

China Cuts 7-Day Reverse Repo Rate And Loan Prime Rates In Move To Support Growth

China's Third Plenum Provides Little Support To Metals