Commodities Weekly All eyes on China again; Hurricane Milton fallout While fiscal stimulus could provide some short-term support to metals prices, the key issue is that China's troubles are structural. So, China's metals demand probably won't be in a much healthier... 11th October 2024 · 4 mins read
Event Asia Drop-In: How far will policy easing go to support Asia’s economies? 1729067400 It’s a busy week for Asia’s central banks, with three key decisions expected on Wednesday following on from the latest Reserve Bank of India and Bank of Korea meetings.
Asset Allocation Update Rising geopolitical tensions could prick the AI bubble A further decoupling of trade ties between the US and China or a sharp rise in Cross-Strait tensions, even if a full-blown conflict is avoided, are two big geopolitical events that we think present a... 11th October 2024 · 8 mins read
China Economics Weekly What to look for at the MoF press conference All eyes are on the Ministry of Finance's crucial press conference tomorrow morning. We think this year’s growth target is just about achievable if local governments can be pushed to fully deploy... 11th October 2024 · 10 mins read
Emerging Markets Economics Update China’s policy stimulus and the spillovers to EMs China’s policy stimulus measures have generated large market moves but it is the fiscal element, which hasn’t been detailed yet, that has the potential to lift the economy. We’re not expecting a huge... 10th October 2024 · 4 mins read
China Economics Update Is fiscal loosening the answer? China’s economy has some cyclical spare capacity that could be filled with fiscal stimulus. But its troubles are mostly structural. The finance ministry won’t solve them on Saturday. 9th October 2024 · 3 mins read
Commodities Update Taking stock of the two-speed electric vehicle rollout While electric vehicle (EV) rollouts in Europe and the US have stalled and are set to remain sluggish over the next few years, the uptake of EVs in China has surged beyond expectations. So, for all... 9th October 2024 · 4 mins read
Capital Daily Reality check for China’s stock market: What’s next? China’s offshore equity market plunged today as the latest policy announcement from Beijing disappointed expectations. With much of the low hanging fruit (as far as valuations are concerned) now... 8th October 2024 · 4 mins read
China Economics Weekly PBOC resists CNY appreciation, EU votes on EV tariffs In a marked shift following a decade of one-sided intervention, the PBOC is now leaning heavily on its daily fixing rate to limit the renminbi's appreciation. We think this is an attempt to maintain... 4th October 2024 · 6 mins read
Equities Update Is this time different for China’s stock market? We’re cautiously optimistic that China’s equity market will hold on to its recent gains, and perhaps even extend upon them in the near term. But we still think its long-run prospects are poor. 4th October 2024 · 6 mins read
Commodities Chart Pack Commodities Chart Pack (Oct. 2024) It’s too soon to say whether the Iranian missile strikes on Israel are the start of a conflict that will eventually result in oil supply being affected or if oil prices will drop back as the... 3rd October 2024 · 1 min read
Emerging Markets Economics Focus EMs, fracturing and the scramble for raw materials Access to commodities – particularly critical minerals – is a growing area of competition between China and the West. And those EMs with deposits of the minerals used in new and low-carbon... 3rd October 2024 · 13 mins read
China Economics Update China stimulus: your questions answered China’s recent stimulus announcements are still at the top of many investors’ minds, at least judging by the high level of client interest in the online briefing we ran on the topic yesterday. We’ve... 3rd October 2024 · 8 mins read
Commodities Update Spike in oil risk premium masks fundamental frailties Until the geopolitical situation in the Middle East deescalates, oil prices will clearly remain at risk of spiking higher. But against a backdrop of faltering demand and greater supply in the wider... 2nd October 2024 · 3 mins read
China Economics Update Property stimulus: announced measures still fall short Despite driving a surge in developer stock prices, the property support measures announced so far aren’t that different from previous efforts and are unlikely, on their own, to deliver much better... 2nd October 2024 · 6 mins read
