For the Second Quarter. We can provide hints on whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, High Speed Two fidelity international s Catherine Yeung who said china is facing a confidence problem. It is lack of confidence within the consumption and corporate sector. In fact last friday we had julys money supply and aggregate Financial Data released and it was marginally weaker than expected, so tomorrow in fact we have this operations, and while the expectations are there will be no cuts on the benchmark generally speaking, you could see a slight increase of probability of ten basis points rent cuts, so again policy is going to outgrow chains, but it is going to be this continuing tweaking to accommodate. Tomorrow we will get some extra data out. But really what is the biggest problem facing china to get its economy up and running . If china to get its economy up and runnina . ,. , china to get its economy up and runninu . ,. ,
Provide hints of whether the Bank Of Japan provide hints of whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, spoke to fidelity international s Catherine Yeung, who told me china is facing a confidence problem. Just this lack of confidence both within the Consumption Sector as well as the corporate sector. So if fact last friday we had julys M2 Money Supply and aggregate Financial Data released and it was marginally weaker than expected. So tomorrow, in fact, we have this element of operations all the expectations are for no cuts in the benchmark, generally speaking, we could see a slight increase in probability of a ten basis point rate cut. So again policy isnt going to outright change, it is going to be this continuing tweaking to be this continuing tweaking to be accommodated. Be this continuing tweaking to be accommodated. Tomorrow we will aet be accommodated. Tomorrow we will get some be accommodated. Tomorrow we will get some
Higher Profit Margins than expected as offered fewer discounts. All that bodes well for walmart which is due to report a 4 rise in sales. Results from the Worlds Largest retailer should also a glimpse into demand for back to school items. Traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail jd. Com Beat Analyst Forecasts for Second Quarter revenue, which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its Product Range expanded. It was a different story over at tencent where Earnings Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weake
Welcome news, but a long way to go. What happens now . Welcome news, but a long way to go. What happens now . Good morning. This is the first step what happens now . Good morning. This is the first step that what happens now . Good morning. This is the first step that does what happens now . Good morning. This is the first step that does indicate is the first step that does indicate they could be a socialist led government in the future weeks, but it was an inconclusive General Election with a hung parliament, so there is still a chance there will be a Repeat Election in a few months. Nothing is clear yet, but we know that might become certainty. We will see how this changes in the next few weeks. In principle there is a deal between the socialist. We will find out pretty soon. This is a deal between the socialist. We will find out pretty soon. Will find out pretty soon. This has all weighed will find out pretty soon. This has all weighed quite will find out pretty soon. This has all w
Things like volatile food and energy prices, so called Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers a0 year highs, but it is still well above what the Federal Reserve thinks of as normal prices and with the overall trend heading in the right direction, policy makers, well, they may feel that they dont need to raise Interest Rates further. The us central bank, you may recall, raised its benchmark Interest Rate to more than 5. 25 percent, the highest level in 22 years, all in a bid to cool the economy and ease the pressures pushing up prices. So while its too early to say Mission Accomplished from the white house to wall street, there is a sense that progress is being made in the Worlds Largest economy. Chinas E Commerce Giant Alibaba reported its strongest quarterly Revenue Growth in almost two years, pushing its us listed shares up more than 4 . Earlier this week, the latest data showed Consumer Prices falli