CN News and Press, Xtrackers MSCI All China Equity From 04/30/22

Beijing prodding may have reversed much of the week’s equities market pain, though I doubt positive sentiment will return anytime soon. China Development Bank CDS jumped 12.5 to 91.5 bps, surpassing the March 2020 crisis spike to a five-year high (began the year at 55bps). ...

COVID-19 lockdowns in Shanghai are impacting supply chains. There are some signs that the worst may be past. The Chinese government may take more action to support the economy. For further details see: China's COVID-19 Lockdowns Adding To Global Supply Chain Woes

A blockbuster week in store in financial markets and one that begins with bank holidays across various countries. The standout event next week will naturally be the Federal Reserve monetary policy decision on Wednesday when we’re likely to see the first 50 basis point rate hike...

There is increasingly a consensus in Beijing that China’s excessive reliance on surging debt in recent years has made the country’s growth model unsustainable. Investment in property and infrastructure doesn’t inherently cause an economy’s debt burden to ri...

Medeiros: China's lockdown policies have resulted in a deceleration in export numbers to China from Korea and Japan. Weak demand growth from a long-lasting Covid zero policy was one of the major emerging markets risks. Medeiros: We need to be worried about a supply chain concept c...

The Shanghai Composite Index plunged 5.1% to 2,928, the biggest one-day drop since February 2020, during the Wuhan crisis. Investors were already worried about slowing consumer demand in China amid the resurgence of Covid and the resurgence of the lockdowns. Construction has been ...

Investors have been processing high inflation reports, rising interest rates, surging energy, commodity, and real estate prices. So, what is the market saying about which markets investors have favored the last couple of years vs where are they putting their money right now? A way...

The major railroads in the U.S. plan to offer their employees up to $600 a month in advance of raises they expect to pay once the current two-year-old national contract talks are eventually settled, according to Associated Press. That measure is meeting some resistance from a coalition of uni...

We like emerging market (EM) local debt within an overall bond underweight. Much monetary tightening has been done, and valuations are compelling. U.S. Treasury yields hit new three-year highs last week, and equities fell. We still think stocks can weather the yield rise in the inflat...

Are rising rates starting to slow the red-hot housing market? Inflation in Canada hits 31-year high. Could COVID-19 lockdowns cause China to miss its growth target? For further details see: Is China's 2022 Growth Target Still Attainable?