logo
episode-header-image
Sep 2023
10m 24s

China optimism fades on weak data print

JULIUS BAER
About this episode

As sluggish demand continues to plague the Chinese economy, investor sentiment takes a renewed hit on more disappointing data out of China. Today’s Caixin PMI data shows that China's services activity in August expanded at the slowest pace in eight months, with stimulus efforts so far unable to kickstart consumption. Manuel Villegas, Next Generation Research, provides us with an update on the latest from the world of digital assets.

00:00 Introduction by Helen Freer (Investment Writing)

00:28 Markets wrap-up by Jonti Warris (Investment Writing)

05:46 Digital assets update by Manuel Villegas (Next Generation Research)

09:05 Closing remarks by Helen Freer (Investment Writing)

Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player. 

Up next
Oct 17
The View Beyond: China's post-Golden Week reality check
China's Golden Week is often viewed as a pulse check on the health of the world's second-largest economy. This year, the results have reignited debate over consumer confidence, policy stimulus and the outlook for growth. In this episode, we examine what the latest Golden Week tre ... Show More
24m 26s
Oct 16
Equities up, bond prices up, Fed hike expectations down
European markets closed in positive territory on Thursday as investors rotated out of AI and tech stocks into defensive sectors such as healthcare and materials, as well as buying up government bonds. The same story played out in the US where the Dow Jones was the star performer. ... Show More
11m 48s
Oct 15
Hot US inflation, AI under pressure and iron ore's price divide
Markets were driven by three themes yesterday: hotter US inflation, rising expectations of Fed rate hikes, and a growing AI sell-off. These forces weighed on equities, even as market breadth in the S&P 500 remained broadly balanced, and triggered sharp swings in bonds and currenc ... Show More
12m 48s
Recommended Episodes
May 2023
Hopes For Global Growth Fade As China Data Disappoints Again
China once again misses consensus estimates on three of their latest data releases today, showing weakness in retail sales, industrial production, fixed asset investment, as well as a record high 20% youth unemployment rate.Given the deluge of macro data out of China so far this ... Show More
25m 18s
Jul 2024
Here's Why China’s Economic Outlook Keeps Getting Worse
China's economy has been having a tough time. The latest growth figures show the slowest pace of expansion in more than a year. Consumer spending is weak and the property slump is ongoing. The official target of growing the economy by 5% a year is still within reach - thanks to a ... Show More
7m 1s
Sep 2023
China's weakening economy in two Indicators
In China, data on the economy is sometimes difficult to come by. The Chinese government has put a pause on releasing some of its official economic data. But many of the stories emerging from the country paint a clear picture: the second largest economy in the world is struggling. ... Show More
18m 32s
Aug 2023
The Four Big Structural Forces Holding Back China's Economy
The Chinese economy is in a slump. Industrial production is down. Retail sales are down. The property industry continues to struggle. The People's Bank of China just did a surprise rate cut. So what's driving the decline and what can the government do about it? On this episode of ... Show More
45m 4s
Sep 2024
Why China’s economy is struggling
After a stronger-than-expected start to the year, China’s economy is showing signs of weakening as the world’s second-largest economy struggles with a real estate downturn, slowing consumer spending, and geopolitical tensions. Goldman Sachs Research’s Hui Shan, chief China econom ... Show More
19m 2s
Listen to millions of songs and podcasts on Anghami