Insights
China has yet to shake off the short-term risk of deflation, according to data released by the National Bureau of Statistics on November 9. China's Consumer Price Index (CPI) rose by 0.3% year-on-year in October , marking a 0.1 percentage point decline from the previous month. On a month-on-month...
Insights
Since June 2022, the Federal Reserve has been reducing its balance sheet to restrict liquidity in financial markets in response to elevated inflation levels. Initially, the Fed reduced its monthly reinvestments by $60 billion in U.S. Treasuries and $35 billion in mortgage-backed securities (MBS), am...
Insights
With the end of the U.S. presidential election last week, diminishing uncertainty boosted equity markets, leading to a strong 4.66% rally in the S&P 500 Index, reaching 5,995.5 points. In the bond market, the victory of Donald Trump and robust economic data drove the 10-year U.S. Treasury yie...
Insights
The U.S. Federal Reserve announced a 25 bps rate cut to 4.5%-4.75% at its monetary policy meeting on November 7, aligning with market expectations. In its statement, the Fed removed the phrase "job gain have slow" and replaced it with "Since earlier in the year, labor market conditions have gener...
Insights
China’s exports showed a significant rebound in October, according to data released by the General Administration of Customs of the People's Republic of China (GACC) on November 7, marking the highest growth rate since July 2022. The total export value, measured in USD, reached approximately $3...