KWEB News and Press, KraneShares Trust CSI China Internet

2024-07-23 09:30:00 ET Summary The PBOC made its first rate cut since February, cutting the 7-day reverse repo rate 10 basis points to 1.7%. Loan prime rates were also cut 10bp in a boost to growth. Our current forecast is for the USDCNY to end the year around 7.26. By...

2024-07-22 02:59:14 ET The Asia-Pacific equity market were mostly lower as market participants access the central bank’s unexpected policy rate cut to support the economy; markets also weighed US President Joe Biden's decision to end his reelection bid.... Read t...

2024-07-22 01:40:40 ET In an unexpected move, the People’s Bank of China (PBOC) cut its one-year and five-year loan prime rates to record lows of 3.35% and 3.85%, respectively, during July's fixing to bolster the fragile economic recovery. ... Read the full article on Seeking A...

2024-07-20 04:20:41 ET Summary Americans fear their country is spiraling out of control following an assassination attempt on Donald Trump, with worries growing that the Nov. 5 election could spark more political violence, a Reuters poll found. Markets are said to hate uncertainty...

2024-07-20 00:15:00 ET Summary This week, markets were influenced by trade war fears, US political developments, and a global cyber outage. In Asia, the Japanese yen weakened, and Chinese authorities remained silent on economic goals despite weak data. Next week, US PCE and GD...

2024-07-19 06:22:47 ET More on China CHIQ: Could Be A Big Winner For China Investors Market And Economic Insights From June 2024 Is The Chinese Stock Market Truly Uninvestable? Read the full article on Seeking Alpha For further details see: China'...

2024-07-18 14:50:00 ET Summary We are concerned that the U.S. Federal Reserve may wait too long to follow other major central banks in making its first cut. We think political and market volatility is likely to rise in the second half of the year, with the potential to persist wel...

2024-07-18 07:20:00 ET Summary Emerging market economic growth was sustained at a solid pace in June, despite easing from the one-year high seen in May. Further improvements into the second half of 2024 were also hinted by forward-looking order book indicators, albeit with the lik...

2024-07-18 07:10:00 ET Summary The PBOC has signalled that changes to China’s monetary policy framework may be on the horizon. We unpack China’s current monetary policy tools, analyse any upcoming changes, and report on their potential impact. Adjustments to...

2024-07-18 06:30:00 ET Summary More data was released indicating greater disinflationary progress in the US - which, in my view, means we will get a Federal Reserve rate cut this quarter. I think this will be a rather positive earnings season. S&P 500 companies are forecasted ...