China

China PMIs from own survey These are not good results, but they are old and outdated news now given all the stimulus announcements from China in the past week. previously:China official PMI data: manufacturing 49.8 (49.5 expected)-----China…

Note that New Zealand switches to daylight saving time over the weekend as summer approaches. Speaking of New Zealand, the ANZ New Zealand Business Survey for September 2024 is due out today. August data improved compared to July but…

BEIJING (Reuters) - The People's Bank of China (China's central bank) told commercial banks on Sunday to begin cutting interest rates on all outstanding home loans, in a sweeping move to help ease the mortgage burden on households hurt by…

This is the takeaway from today's morning briefing, and what you can do subscription Received in your inbox every morning with:A cursory glance at the recent performance of China's stock market shows a significant decoupling from the…

Breadcrumb linksPMNBMN BusinessArticle writer:Associated PressDidi Tang and David KlepperPosted on September 28, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account.FILE -…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…

The Australian dollar reached its highest levels since February 2023 as part of a broad sell-off in the US dollar following weak US inflation data and China cutting lending rates.A final break above 0.6900 in AUD/USD breaks the June 2023…

Headlines:Markets:AUD advances, USD lags during the dayEuropean stocks rise; S&P 500 futures up 0.8%The yield on the 10-year US Treasury note fell 0.9 basis points to 3.771%.Gold rises 0.8% to $2,678.03West Texas Intermediate crude fell…

(Bloomberg) -- European stocks and U.S. stock futures rose, tracking gains in Asia after China pledged fiscal stimulus, and technology shares rose.Most Read from BloombergEurope’s Stoxx 600 index rose 1% and Nasdaq 100 futures advanced…

In a note, analysts at Credit Analyst noted that the People’s Bank of China’s monetary easing measures could provide a short-term boost to market sentiment. However, drawing comparisons to Japan’s housing crisis in the 1990s, they cautioned…