Express News | The mmf bridge project has completed preliminary exploration work. The next step will be fully taken over by participating central banks and monetary authorities.
Trump trade dragging down emerging markets, trade war concerns resurface!
Analysts say that Trump's election as president will lead to higher US bond yields and a stronger dollar, causing a double blow to emerging markets.
Caixin C50 Wind Index Survey: October crediting may be slightly tight, expected slight decrease in social financing growth.
①The median forecast for new RMB loans in October is 0.58 trillion yuan, with a year-on-year decrease in incremental growth of 0.16 trillion yuan; ②The median forecast for new social financing scale in October is 1.47 trillion yuan, with a year-on-year decrease in incremental growth of 0.38 trillion yuan; ③October CPI year-on-year reading may remain unchanged, while PPI year-on-year decline may narrow; ④Fiscal policy will increase countercyclical adjustment efforts, and the central bank still has a relatively large space for balance sheet expansion.
To hedge the risk of the usa election, traders are shorting the euro and british pound, and longing the Swiss franc and German bonds.
European traders are trying to short the Euro and British Pound before the impact of the US election results come out, and hedge risks with Swiss Franc and German bonds.
China's Caixin Services PMI Jumps to 52.0 in October Vs. 50.5 Expected
China: A Likely Good Start to Q4 – Standard Chartered