Insights
Last week, U.S. stock market sectors experienced volatility, resulting in a slight 0.03% decline in the S&P 500 Index, ending its six-week winning streak. In the bond market, better-than-expected U.S. economic data led to increases in the yields of 2-year and 10-year U.S. Treasury bonds by 15.7 ...
Insights
The People’s Bank of China (PBoC) announced on October 21 a reduction of both the 1-year and 5-year Loan Prime Rates (LPR) by 25 basis points each, bringing them to 3.1% and 3.6%, respectively. Read more at Datatrack In mid-September, the PBoC launched a series of large-scale monetar...
Insights
China’s monthly economic data in September showed signs of improvement, according to China’s National Bureau of Statistics on October 18. In terms of consumption, retail sales grew by 3.2% year-over-year in September, up by 1.1 percentage points from the previous month and exceeding market e...
Insights
Japan’s industrial production declined in August, according to data released by Japan's Ministry of Economy, Trade and Industry (METI) on October 15. Industrial production in August fell by 4.9% year-over-year, a 6% drop compared to the previous month. On a month-over-month basis, industrial pr...
Insights
Last week, Chinese stocks declined as the absence of new fiscal stimulus measures weighed on the market, with the CSI 300 Index dropping by 3.3%. In contrast, the U.S. S&P 500 Index continued to hit new highs, buoyed by gains across various sectors. In the bond market, easing concerns about the ...