Insights
Last week, the People's Bank of China introduced significant easing measures targeting interest rates, the real estate market, and the stock market, leading to a nearly 16% rebound in the CSI 300 Index from its low. Meanwhile, although the S&P 500 had already priced in the Federal Reserve's 50 b...
Insights
Last week, a series of U.S. employment data fueled concerns about a potential economic recession, causing the S&P 500 to drop 4.2%, marking its worst weekly performance since January 2022. U.S. 2-year and 10-year Treasury yields fell, reflecting market expectations of a more aggressive rate cut ...
Insights
Summary: Manufacturing PMI slight uptick New orders and production sub-indices continue to decline Uneven demand recovery across sectors The U.S. manufacturing PMI showed a slight uptick in August, according to data released by the Institute for S...
Insights
As the unwinding of yen carry trades came to an end, the market returned to a more stable state, though it remains highly sensitive to economic data. The S&P 500's gains narrowed due to underperformance in some tech stocks, while it also faced the challenge of reaching new highs. Meanwhile, U.S....
Insights
Summary: Manufacturing PMI Remains in Contraction Non-Manufacturing PMI Slight Increase China's manufacturing PMI continued to decline, as reported by the National Bureau of Statistics of China on August 31. The manufacturing PMI decreased from 49.4 i...