With last week’s U.S. CPI data meeting expectations, the market broadly anticipates a downward trajectory for inflation, paving the way for potential rate cuts. As a result, U.S. equities, cryptocurrencies, and other major asset classes performed well, with the Nasdaq…
Can Re-lending Spark New Growth? On May 17, amidst the current economic climate, real estate policies were rapidly introduced: reduction in housing provident fund loan interest rates, lowering of down payment ratios for first homes to 15%, and removal of…
Market Commentary: Global Market Movements Post-Labor Day Holiday This week marks the first trading period following the May Day holiday, encompassing eight global trading days since the beginning of May. The Hang Seng Index has been noteworthy, rising from 17,000…
Hello everyone, and happy May Day in advance! As we approach the May Day holiday, there will be three global trading days, while domestic trading will come to a halt. It remains uncertain how everyone plans to navigate this particular…
April 15th to 19th (this week), in terms of economic data, China’s March economic indicators including first-quarter GDP, Japan’s March CPI, and U.S. retail and non-farm payroll data for March have all been released. It should be noted that the…
Domestic: Decoupling of Quantity and Price, Consumption Fails to Support Prices This week, from a macro perspective, both domestically and internationally are at an important data disclosure juncture. Starting from April 10th (Wednesday), the U.S. CPI and China’s CPI, PPI,…
Discussion on Chinese MMT: Officials from the central bank stated at a press conference that China still has room for reserve ratio cuts. In fact, since the beginning of 2024, the expectation of loose monetary policy in China has remained…
Chinese Perspective: A Promising Start On March 18, China disclosed its major macroeconomic data for January and February. Retail sales grew by 5.5% year-on-year, investment increased by 4.2%, industrial value added rose by 7%, while real estate sales fell by…
China : ‘ Equipment update promotes consumption ‘ Last week, we reviewed the report of the two sessions and mentioned the plan of updating equipment and exchanging old and new consumer goods. In the press conference, the relevant departments believed…
U.S. stocks : Last week ( March 4-8 ), the Na index and the S & P 500 fell back, and the overall volatility of the Dow index was weak. The high-level technology sector in the early stage has obvious…
