FCA

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%.

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

The Best Tech And Energy Stocks Should Remain Strong

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

Rising Costs And Gloomier Prospects Cast Shadow Over Emerging Market Outlook

Emerging market economic growth was sustained at a solid pace in June, despite easing from the one-year high seen in May. The expansion was led by manufacturing as service sector growth slowed. Manufacturing production rose at the fastest pace since November 2020. Input price inflation climbed to a ten-month-high, driven by rising costs.

What To Expect From China's Monetary Policy Framework Reforms

The PBOC has signalled that changes to China's monetary policy framework may be on the horizon. Governor Pan Gongsheng has suggested the medium-term lending facility may be phased out as the main policy rate. The 7-day reverse repo rate is expected to be the main rate in the future.