Copper Constructive on Encouraging News around China’s Property Market
The commodity made a strong start to the week as China looks to provide further support to the real estate market and troubled developer Sunac meets restructuring conditions
The commodity made a strong start to the week as China looks to provide further support to the real estate market and troubled developer Sunac meets restructuring conditions
Shares of Chinese tech giant Alibaba slump after abandoning plans to spin its Cloud unit due to US chip restrictions, weighing on HKG33
HKG33 extends this week’s slide after today’s data showed an escalation in China’s deflationary pressures, on both the consumer and the producer sides
HKG33 registered another losing month, dropping today after Chinese factory activity slipped back to contraction territory
The BoJ continues on the slow path to normalization of is ultra-accomodative policy setting, as it further loosened its grip on the yield curve control on Tuesday and raised its inflation forecasts
HKG33 is mixed as markets digest better than expected economic releases from China, BYD’s strong profit estimate and new export bans of AI chip for the US
HKG33 stays under pressure as today’s data from China showed non-existent consumer inflation for September, while markets continue to monitor developments around the troubled property sector
HKG33 falls to the lowest levels in nearly a year on fresh concerns around China’s troubled real estate market, as the Golden Week approaches
The BoJ did not change the ultra-accommodative stance and reiterated the commitment to continue with monetary easing, despite elevated inflation and recent hints towards normalization by its governor
After a constant stream of poor economic data, today’s releases offer a glimmer of hope around China’s faltering recovery, helping HKG33, along with new supporting actions by the central bank
USD/JPY dropped and the 10-year bond yield rose after Bank of Japan Governor Ueda pointed towards an eventual exit form negative interest rates
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