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Market Talk

Market Talk – May 22, 2023

ASIA:   China’s benchmark lending rates have remained unchanged for the ninth consecutive month in May, aligning with market expectations. The decision...

Market Talk – May 19, 2023

ASIA:   India’s foreign exchange reserves experienced a continuous increase for the third week in a row, reaching $599.53 billion as of May 12. This...

Market Talk – May 18, 2023

ASIA:   Japan’s economy experienced a faster-than-expected recovery in the first quarter, coming out of a recession caused by the COVID-19 pandemic. The...

Market Talk – May 17, 2023

ASIA:   India’s economy is expected to grow by 5.8% in 2023, driven by strong domestic demand, although high funding costs and weak external demand pose...

Market Talk – May 16, 2023

ASIA: China’s industrial output and retail sales growth in April fell short of expectations, indicating a loss of momentum in the economy at the beginning of...

Market Talk – May 15, 2023

ASIA: India’s annual wholesale price index (WPI) fell for the first time in nearly three years in April, as prices softened across the board. WPI fell by...

Market Talk – May 12, 2023

ASIA:   A Reuters poll of 19 economists showed that Japan’s core consumer inflation likely increased in April due to retail price hikes offsetting the...

Market Talk – May 11, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 4.54 points or 0.02% to 29,126.72 Shanghai decreased 9.60 points or -0.29% to...

Market Talk – May 9, 2023

ASIA: The Agricultural Bank of China, one of the country’s largest commercial lenders, has scaled up support for the manufacturing sector. As of the end of...

Market Talk – May 8, 2023

ASIA:   The UAE and India are expected to surpass their non-oil trade target of $50 billion this year, on their way to reaching the $100 billion goal by 2030....