Asian Market

Consumer inflation fell to negative territory in July, for the first time in more than two years, aggravating fears over the recovery of the world’s second largest economy

After the latest round of monetary policy decisions, uncertainty is prevalent, as most central banks have kept all options in play in regards to their next steps

The Bank of Japan kept rates at -0.1% and the QQE in place, but will now conduct Yield Curve Control (YCC) with greater flexibility, in a somewhat confusing tweak

The central bank of China slashed a series of key interest rates recently, in order to support waning economic growth, but markets were unimpressed and CNH50 continues to drop

The PBoC lowered a key short term policy rate in order the help the country’s economic recovery, following a series of disappointing economic data, while the CHN50 finds some support

EV makers are facing an adverse economic environment, but the market is set for continuing growth. As the next earnings season approaches, EV leader Tesla is well positioned to maintain its reign, but faces increasing competition from companies such as Ford, BYD and more

On Friday, during a panel discussion, Fed Chair Powell suggested that rates may not climb as much as expected due to credit tightening. Other Fed speakers suggest that FOMC members are developing diverging views. China data hints at a slowing momentum in recovery and EU CPI is still too high. This week sees two more inflation data points – core PCE on Friday and UK inflation on Wednesday. Wednesday will…

The pair turns cautious after hitting new 2023 highs, as inflation picked up in Japan, but still heads towards one of its best weeks of the year, due to the greenback’s strength

The JPN225 is trading at its highest levels since August 1990. It is up over 6% month-to-date and up over 16% over the last 12 months.

The Chinese economy has been reopening after the abandonment of the strict Covid containment policies, but April’s indicators cast doubt over the prospects of the recovery

In the first meeting under new Governor Mr Ueda, the BoJ stood pat on its easy policy setting, but tweaked its forward guidance and upgraded its inflation forecast