• USD/CNY

China's Q3 economic losses from natural calamities surge

• USD/CNY

China central bank conducts first operations under swap facility to bolster stock market

China's central bank launched a swap facility to boost the stock market, initially exchanging 50 billion yuan with financial institutions, amidst economic challenges and declining market enthusiasm.

• USD/CNY

China cuts loan prime rate slightly more than expected

• DJI
• DXY
• MIAP00000PUS
• SSEC
• US500
• USD/CNY

Morning Bid: China rate cuts looming, US booming

• CSI300
• HK50
• USD/CNY

China GDP grows as expected in Q3, remains below 5% annual target

China's Q3 GDP grew 4.6% year-on-year, slightly below expectations, with stimulus measures introduced amidst ongoing economic challenges. Industrial production and retail sales surpassed forecasts.

• SSEC
• USD/CNY

China's Q3 GDP hits weakest pace since early 2023, backs calls for more stimulus

China's economy grew by 4.6% in Q3 2024, facing challenges from a struggling property sector and deflationary pressures, despite some positive signs in industrial output and retail sales.

• EUR/USD
• US10YT=X
• US500
• USD/CNY
• USD/JPY

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

The Federal Reserve cut interest rates by 50bps, projecting future reductions while banks forecast economic growth and inflation rates for 2024 across key global markets.

• USD/CNY

China boosts funds for housing projects to support embattled sector

China will support housing projects with 4 trillion yuan financing, focusing on urban redevelopment, strengthening homebuyer confidence, and aid for cash-strapped developers amidst a fragile economy.

• EUR/USD
• US500
• USD/CNY
• USD/JPY

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

• CICHF
• IDCBY
• USD/CNY

China banks weigh trimming deposit rates as early as this week, Bloomberg News reports

Chinese banks are expected to reduce deposit rates significantly, following central bank guidance, to alleviate financial pressure amid economic slowdown and high bad debts.