ECB’s Lane: Rate rises in 2022 are very improbable. ECB’s Lane: Inflation will fall this year and will go below the ECB’s target of 2% in 2023 and 2024, according to the ECB’s forecast. China Housing Ministry Official Pan Wei: China plans to build 6.5mln low-cost new homes by the end of 2025. China’s Tianjin imposes a partial lockdown in …
As we are near the European Open, traders might wanna look into what happened in the Asia session: Japan’s PM Kishida: Next week, we will review virus border restrictions. China’s Head of Foreign Ministry Arms Control Fu Cong: The US claim of China expanding its nuclear arsenal is false. BoJ’s Governor Kuroda: I believe the global economy will recover, led …
Asian equities were neutral as US stocks rose to a new all-time high amid light trading in the final days of the year. Treasury yields continued to rise. China’s damaged property developers and regulatory crackdown are once again in the spotlight as the year 2022 approaches. Two investors holding China Evergrande dollar bonds with coupons, due Tuesday, complained they had …
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