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Hope Springs Eternal in China

November 30, 2022
Overview: Hope that the recent events in China are cathartic continues to lift risk appetites. Led by Hong Kong and mainland shares that trade there, the large bourses in the Asia Pacific region rallied. Japan, where macro data continues to disappoint, was the notable exception. Europe’s Stoxx 600 is snapping a three-day down draft and is up about…
Hope Springs Eternal in China Hope Springs Eternal in China Reviewed by Marc Chandler on November 30, 2022 Rating: 5
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China Steps away from the Abyss and Animal Spirits are Rekindled

November 29, 2022
Overview: Chinese officials using the carrot and the stick have succeeded in dampening the protests and easing some anxiety and rekindled the animal spirits. Hong Kong’s Hang Seng rallied 5.25% and its index of mainland shares surged 6.20%. South Korea and Taiwan indices gained more than 1%. Among the large bourses, only Japan failed to advance. S…
China Steps away from the Abyss and Animal Spirits are Rekindled China Steps away from the Abyss and Animal Spirits are Rekindled Reviewed by Marc Chandler on November 29, 2022 Rating: 5
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China Shakes Markets, Euro Shakes it Off

November 28, 2022
Overview: The surging Covid cases in China and the protests in several cities seemed to set the tone for today’s session. Equities are lower. China, Hong Kong, Taiwan, and South Korea were marked down the most. Of the large bourses, only India escaped unscathed. Europe’s Stoxx 600 is off more than 0.8% and US futures are poised to gap lower. Bond …
China Shakes Markets, Euro Shakes it Off China Shakes Markets, Euro Shakes it Off Reviewed by Marc Chandler on November 28, 2022 Rating: 5
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USD Outlook: Caught between Belief that it has Peaked and Oversold Momentum Indicators USD Outlook: Caught between Belief that it has Peaked and Oversold Momentum Indicators Reviewed by Marc Chandler on November 27, 2022 Rating: 5
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US Jobs and Eurozone CPI Highlight the Week Ahead

November 26, 2022
Two high-frequency economic reports stand out in the week ahead:  The US November employment report and the preliminary eurozone CPI. The Federal Reserve has deftly distanced itself from any one employment report. As a result, it would take a significant miss of the median forecast (Bloomberg survey) to alter market expectations for a 50 bp hike w…
US Jobs and Eurozone CPI Highlight the Week Ahead US Jobs and Eurozone CPI Highlight the Week Ahead Reviewed by Marc Chandler on November 26, 2022 Rating: 5
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