The Feral Reserve began cutting interest rates in September last year, which means that the market has shift its focus to inflation and the impact of Trump’s policies since he took office. The key next step is to look at next week’s CPI data. If the stubbornness of inflation is confirm again, the pressure on the market will only increase.
The University of Michigan’s consumer confidence index in January show that longterm inflation expectations jump to the highest level since 2008. The data increases risks for next week’s update of inflation indicators, with February CPI data great britain email list 100000 contact leads expect to accelerate for the third consecutive month to 2.9% on January 15.
Richard Bernstein Consultants said
The closer we get to no rate cuts and the closer the 10year yield gets to new cycle highs, the more investors start to worry about what that means for liquidity, growth and crit issues.”
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Equity ETFs saw net outflows this week
Rising U.S. Treasury yields also put some pressure on Chinese assets.
On Friday, Chinese stocks fell across the what is seo competitor analysis and why is it important? board, with the Nasdaq China Golden Dragon Index falling 3.14% in a single day and 5.09% for the week.
Among ETFs, the FTSE China Triple Long ETF (YINN) clos down 8.69%, and fell 16.18% this week, the largest weekly drop since November 15; the China Internet Index ETF (KWEB) fell 5.83% this week, falling for four consecutive weeks.
Judging from the domestic ETF funds this week
ETFs had a net inflow of 7 billion yuan, mainly due to bond ETFs and currency ETFs. Equity ETFs rarely saw net outflows, with a net outflow mobile lead of 4.163 billion yuan this week.
Specifically, this week there was a net inflow of 5.381 billion yuan into the Haitong ShortTerm Bond ETF, ranking first in the entire market.