Tag: China

China September CPI 2.8% y/y (expected 2.8%)

Inflation data from ChinaCPI 2.8% y/y (Highest since April 2020)expected 2.8%, prior 2.5%food CPI +8.8% y/y, non-food +1.5% y/ymore interesting is the m/m 0.3% (expected 0.4%, prior -0.1%)PPI 0.9% y/yexpected 1.0%, prior 2.3%-0.1%...

NZ fin min Robertson says New Zealand needs to diversify trade away from China

New Zealand Deputy PM and Finance Minister Robertson comments crossing:NZ has good economic fundamentalsNZ needs to diversify trade away from China-Its always a good idea to diversify trade. What Robertson is very cognizant...

More on US ban chips to China – Applied Materials cuts quarterly revenue, profit estimates

Last week the US banned Chinese companies from buying advanced chip-making equipment or employing American citizens without a licence.The impacts are mounting, these from earlier:This from Reuters:Chip-making technology supplier Applied Materials Inc said...

New Zealand Dollar Bucks USD Strength but APAC Sentiment Fragile on China Lockdowns

New Zealand Dollar, NZD/USD, China, Covid, Sentiment, Technical Outlook – Talking PointsAsia-Pacific markets are set to trade amid fragile market sentiment backdropChina lockdowns are threatening economic demand ahead of National CongressNZD/USD may enter...

FX Week Ahead – Top 5 Events: UK GDP; FOMC Minutes; US Inflation Rate; China Inflation Rate; US Retail Sales

FX Week Ahead Overview:The scope and scale of the UK’s recent economic troubles will be revealed with the release of the August UK GDP report on Wednesday.The state of the US economy is...

China returns from holiday. Japan celebrates sports day. What’s coming up

It's a light start to the week in the US with the semi-holiday that's Columbus Day but the Asia-Pacific calendar has some notable events.Most notable is that China is returning from a week...

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