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...

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...

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...