• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 30
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025

    EV Startup Promised To Cut China Ties — Then Reportedly Shared US Data Anyway

    May 27, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Morning Bid: China news flow turns into torrent
Business

Morning Bid: China news flow turns into torrent

November 13, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
A panel displays the Hang Seng Index during afternoon trading, in Hong Kong

A panel displays the Hang Seng Index during afternoon trading, in Hong Kong, China May 4, 2020. REUTERS/Tyrone Siu/File Photo Acquire Licensing Rights

Nov 13 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Asian markets should get the week off to a blistering start on Monday, propelled higher by Wall Street’s powerful rally on Friday that saw the Nasdaq rise more than 2% for its best day since May.

It is a big week for China watchers with a U.S.-Sino Presidential meeting, a raft of top-tier economic data and several blue chip corporate earnings releases all on the docket over the next five days.

Other economic and policy highlights across the continent this week include preliminary Japanese third-quarter GDP, Indian inflation, and a policy decision from the Philippine central bank on Thursday.

There is certainly room for upside potential for Asian markets after the MSCI Asia & Pacific equity index ex-Japan fell 0.5% last week, underperforming the broader MSCI Emerging Market index, which ended the week flat.

Financial conditions are broadly easing too, according to Goldman Sachs’s financial conditions indices (FCI). Some, like the China and aggregate emerging market indexes, last week fell to their lowest in three months.

Perhaps the most interesting of all Goldman’s FCIs is its Japanese index. On Friday it fell to 96.78, matching the lows struck on July 3 and 4. Remarkably, that is the lowest since March 1990.

By this measure, financial conditions in Japan are the loosest in almost 34 years – that’s the combined effect of the yen’s weakness, the stock market’s recent 33-year highs, negative interest rates, and deeply negative real bond yields.

See also  Robots say they won't steal jobs, rebel against humans

In theory, that is inflationary and should be boosting growth. Inflation is relatively sticky – the Bank of Japan is inching away from its ultra-loose policy – but economic activity is not meeting analysts’ expectations.

Citi’s economic surprises index for Japan turned negative last week and is now the lowest since June. On the Japanese corporate front this week, meanwhile, big firms reporting earnings include financials Mizuho, Mitsubishi UFJ and Sumitomo.

The Chinese news flow this week is potentially huge.

On the political front, U.S. President Joe Biden and Chinese President Xi Jinping meet face to face this week at the Nov. 15-17 Asia-Pacific Economic Cooperation (APEC) gathering of leaders in San Francisco.

The economic data pipeline is full of top-tier releases too. They include money supply, lending and ‘total social financing’ – basically a broad measure of credit and liquidity in the economy – while on Wednesday markets will digest October’s retail sales, industrial production and unemployment figures.

Some of China’s biggest companies are scheduled to report their latest earnings this week. They include JD.com, Tencent Holdings, Alibaba Group and Lenovo.

Where do Chinese equities stand ahead of all that?

The blue chip CSI 300 index last week rose 0.066% – barely in positive territory, but enough to make it three weeks in a row of gains, its best run since March. That said, the index still failed in these three weeks to claw back the 4.1% losses from the week ending Oct. 20.

Here are key developments that could provide more direction to markets on Monday:

See also  Dollar hovers near six-month high before key central bank decisions

– India CPI inflation (October)

– APEC finance ministers meet in San Francisco

– Japan corporate goods prices (October)

By Jamie McGeever; Editing by Diane Craft

: .

Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Acquire Licensing Rights, opens new tab

Jamie McGeever has been a financial journalist since 1998, reporting from Brazil, Spain, New York, London, and now back in the U.S. again. Focus on economics, central banks, policymakers, and global markets – especially FX and fixed income. Follow me on Twitter: @ReutersJamie

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Cate Blanchett Explains Why She Was ‘Covered In Bruises’ The First Time She Attended Famous Film Festival

May 20, 2023

LinkedIn Co-Founder and Epstein Island Visitor Reid Hoffman Donates $700,000 to Biden Campaign

July 18, 2023

X, TSLA, URBN and more

August 14, 2023

Four Killed in Rare Shooting and Stabbing Rampage in Japan

May 29, 2023
Don't Miss

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

Business May 29, 2025

Consumers’ Research issued a “Woke Alert” on Thursday warning American shoppers that three European companies…

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,136)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Suicide-related ED visits among youth sharply increase, study finds

May 2, 2023

Stocks making biggest moves premarket: AstraZeneca, Wayfair and more

September 22, 2023

Clarins Double Serum for Firming Mature Skin

November 8, 2023
Popular Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.