How Much Trouble China’s Economy In and Is There Risk for Global Contagion?
China has long been the world’s growth engine, but that status is under threat as […]
US Banks Fall on Fresh Rating Downgrades, Nvidia Earnings in Focus
The market mood turned sour again, and the S&P500 fell after a short relief. S&P’s […]
Modest Chinese Rate Cut
Market movers today The week is off to a quiet start in terms of data […]
Near-Term Recession Fears are Clearly Overdone
Markets US eco data turned out to be the intraday game-changer, achieving what rather hawkish ECB […]
China’s Sluggish—Short & Long-Term—Growth Outlook
Summary China’s post-COVID rebound has now fully matured as the latest batch of activity data […]
Yuan Weakness Spooks China and Asia Ex-Japan Stock Markets
USD/CNH (offshore yuan) has surged to a 6-month high of 7.08. Since late Oct 2022, […]
Chinese Yuan Moves Have Global Implications
This week, the yuan broke above the 7.0000 handle against the dollar and continued to […]
Hawkish Central Bank Policy to Remain in Place for Longer
Markets Unexpectedly accelerating inflation in France and Spain set the tone right at the start […]
EUR/USD Dropping from the Upper End of Last Week’s Trading Range
Markets Spanish (headline) inflation unexpectedly ended a 5-month run of decline (5.8% Y/Y from 5.7% […]
EUR/USD’s Upside is Capped Around 1.0942
Markets Yesterday’s most striking market move happened in the gas market. Europe’s main reference, the […]
Stock Sentiment is Grim
Markets Boston Fed Collins joined the growing chorus of Fed officials trying to reshape market […]