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What could the impending ECB rate decision mean for the financial markets
The European Central Bank (ECB) is expected to announce a 0.25% rate cut this week, bringing the key rate down to 3.25%. This will mark the third reduction this year, followed by China's GDP data on Friday morning.
Crude oil, copper: Bullish China data offers relief for battered commodities
China’s services sector strengthened in May, boosting Chinese equity markets and providing some respite for commodities such as copper and WTI crude oil.
China worries resurface
Cases have surged in the manufacturing hub of Guangzhou
Have China’s producer prices peaked?
China’s producer prices softened from a 26-year high, begging the question as to whether a key inflationary input has peaked.
China A50 basing ?
Contrary to moves in other key global indices, September proved to be a good month for the China A50 as it finished up 4.50%. This may come as a surprise given the turmoil caused by China property developer, Evergrande.