PBOC slashes key lending rate
The PBOC cuts its benchmark lending rate to provide more support for the economy. The Shenzhen Composite moves higher as a result. In the U.S., Wall Street posts its longest streak of weekly gains so ...
21 Okt 202424min
Asian markets shrug off slow China growth
Asian markets remain sanguine on China’s slowest GDP growth in more than a year as the PBOC’s raft of stimulus measures kick in. Bridgewater Associates founder Ray Dalio tells our colleagues in Singap...
18 Okt 202428min
China housing finance announcement disappoints
Chinese developer stocks sink despite the housing ministry briefing outlining further measures to help prop up the troubled property sector. We are live in Brdo, Slovenia where the ECB’s governing cou...
17 Okt 202423min
ASML tanks on worst sell-off since last century
Dutch chip maker ASML suffers its worst sell-off since 1998 after it slashed its sales outlook in an earnings release it published accidentally. Chip stocks see heavy losses globally as a result. Fren...
16 Okt 202424min
Crude falls as Israel Iran attack fears diminish
Crude prices tumble following reports that Israel will back off targeting Iranian oil or nuclear infrastructure. Opec has also slashed its demand forecast. On Wall Street, the S&P 500 records its 46th...
15 Okt 202427min
China economic turmoil deepens
Chinese consumer inflation disappoints for September while deflation deepens in the manufacturing sector. Chinese markets see a volatile session following Saturday’s finance ministry press conference....
14 Okt 202427min
U.S. inflation print stronger than expected
U.S. inflation data comes in higher than expected with the 10-year Treasury yield held above 4 per cent. Atlanta Fed President Raphael Bostic has proposed a pause in the cutting cycle at next month’s ...
11 Okt 202424min
Wall Street shrugs off FOMC divisions
FOMC minutes show greater splits over last month’s jumbo 50bps rate cut than initially thought but sanguine U.S. equities shrug off news about September’s Fed decision. In Asia, Chinese stocks extend ...
10 Okt 202427min
