Insights
U.S. exports reached a new high, and the trade deficit continued to narrow in August, according to data released by the U.S. Bureau of Economic Analysis and the U.S. Census Bureau on October 8. In August, U.S. exports totaled $271.8 billion, marking a year-over-year increase of 5.1% (up 2% month-...
Insights
Last week, Chinese equities continued to reflect the positive effects of easing policies, with the CSI 300 Index surging nearly 9%.In contrast, the U.S. S&P 500 Index saw a modest increase of only 0.22% due to uneven gains across sectors. In the bond market, the yield on the 10-year and 2-year T...
Insights
U.S. Services PMI (NMI) continued to expand in September, according to data released by the Institute for Supply Management (ISM) on October 3. The NMI rose from 51.5 in August to 54.9 in September, reaching its highest level since February 2023. Breaking down the sub-indices, the Business Activ...
Insights
Last week, the People's Bank of China introduced significant easing measures targeting interest rates, the real estate market, and the stock market, leading to a nearly 16% rebound in the CSI 300 Index from its low. Meanwhile, although the S&P 500 had already priced in the Federal Reserve's 50 b...
Insights
The U.S. Consumer Confidence Index for September dropped sharply to 98.7 from 105.6 in the previous month, a decline of 6.5%, marking the largest decline since August 2021, according to data released by the U.S. Conference Board on September 24. According to the report, the decline primarily refl...