Chinese Government Reveals Extensive Support for Real Estate Market

According to China’s December trade data, exports declined 9.9% year-on-year, meeting expectations. Imports declined 7.5% y/y (vs. -9.8% expected). The Federal Reserve is “almost done raising rates”, and investors must consider the possibility of higher rates for a longer period. To maintain control, China is taking small stakes in tech.

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European equity close: Another day, another gain

Stoxx 600 +0.7% German Dax +0.9% France’s CAC +0.9% UK’s FTSE 100 +1.1% Spain’s Ibex +1.3% Italy’s FTSE MIB +0.8% FTSE 100 +1.1% The FTSE has been strong all year, and it continued its breakout today.

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Stock markets start out strong but slip as investors mull over consumer price index information

At the start of the trading session, the main US indices were in the green, but those gains were swiftly wiped away as the market responded to the newly-released Consumer Price Index data. The overall CPI dropped by a tenth of a percent while the core rate, excluding food and.

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*Everyone* is expecting a weak CPI number to boost risk assets

There is a growing chance that this CPI report will be accidental. US equity futures are up 0.3% in the last four days. There is speculation that the upcoming Biden speech, which might occur following the CPI data, will be an announcement of victory. Because of this, the market is.

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European equities slightly higher at the open today

The DAX in Germany is up 0.2%, the CAC 40 in France is up 0.4%, the FTSE in the UK is up 0.4%, the IBEX in Spain is up 0.5%, and the Eurostoxx in Europe is up 0.3%, but other currencies are mostly flat or slightly down as well. As.

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Eurostoxx futures +0.3% in early European trading

The German DAX future contract rose by 0.2 percent Wednesday, following Tuesday’s positive momentum. We ‘ll see if the positive mood continues as we near the end of the day, as well as the US CPI data. On Wall Street, equity prices are looking optimistic ahead of the US CPI.

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A $32B Sale of 10 Year Notes to be Offered by the US Treasury to Add Variety

Later on today, the US Treasury will enliven the day by auctioning a total of $32 billion worth of 10-year notes. Today, markets are on the edge of their seats in anticipation of the CPI data that will be released tomorrow, which is why the majority of the major currency.

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European equity close: Another strong day for stocks

The Stoxx 600 is up 0.4 percentage points. The Dax is up 1.1 percentage points, the CAC is up 0.8 percentage points, the FTSE 100 is up 0.5 percentage points, the UK’s FTSE is up 0.5 percentage points, the Ibex is down 0.2 percentage points, and the MIB is up.

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US markets open higher, Nasdaq on track for 4th day of gains

Today, the three principal American indices have been trading up for the majority of the past four trading days, with the Nasdaq being on the brink of finishing in the green for four days in a row. The S&P and Dow have both advanced in three of the last four.

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ForexLive Asia-Pacific FX news wrap: Improved sentiment props up AUD & other FX

China’s yuan not far from a 4 month high – policy support, COVID recovery, seasonal demand China to pause costly chip investments as Covid strains budget PBOC Guangzhou branch reportedly guides banks to provide offshore financing to developers ICYMI – China’s Finance Minister reiterated plans to appropriately expand fiscal spending.

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US stocks start 2023 with a positive spirit

The major US stock indices are getting off to a positive start with gains. The indices are led by the NASDAQ index which is up around 1% after declining -33.10% in 2022 (it was the worst performing of the major indices). They stepped out of the market eight minutes into.

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