Against a backdrop of economic uncertainty, China’s central bank unveils a targeted strategy to shore up domestic demand and address deflationary pressures. In its latest policy report, the People’s Bank of China (PBOC) underscores the necessity of adaptable monetary policies to navigate the complexities of a tentative economic recovery. Key priorities include aligning social financing […]

In December, the U.S. trade deficit saw a marginal uptick, a contrast to the significant contraction observed throughout 2023. The Commerce Department’s Census Bureau reported a 0.5% increase, bringing the deficit to $62.2 billion. November’s figures were revised, showing a narrower gap of $61.9 billion compared to the previously stated $63.2 billion. Despite expectations for […]

International investors have continued to reduce their holdings in Chinese equities, with a net outflow of $2.6 billion recorded in January, according to data released by Morgan Stanley. Despite a slight moderation from the previous month, this trend highlights the ongoing challenges facing Chinese stock markets. In January, China’s CSI 300 Index fell by 6%, […]

Recent economic data has catalyzed a surge in mortgage rates, with the average rate on the 30-year fixed mortgage surpassing 7% for the first time since December. This rapid escalation followed stronger-than-expected reports, including January’s robust employment figures and positive indicators from the manufacturing sector. The fluctuations in mortgage rates since the summer, reaching a […]