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
Yesterday
Markets pause as geopolitical shifts and rare earth tensions take centre stage
After a strong rally, US and European markets paused, with major indices closing lower amid a more cautious mood. In Europe, Ferrari’s downward revision to guidance and HSBC’s restructuring in Hong Kong weighed on sentiment, even as Germany’s DAX reached a fresh intra-day high. G ... Show More
11m 8s
Oct 9
Gold glitters, stocks rally, and China’s cracks
European and US equities edged higher as gold held above USD 4,000/oz amid ongoing economic and political uncertainty. Despite strong travel data, Chinese consumer sentiment remains weak, while Germany’s industrial downturn fuels structural concerns. With the Fed maintaining a do ... Show More
14m 44s
Oct 8
Gold breaks records as markets pause
Global equity markets paused after a strong rally, with US equities dipping slightly and bringing an end to a seven-day winning streak as Oracle’s weak cloud margins raised concerns about profitability in AI infrastructure. European stocks remained flat, though French luxury bran ... Show More
17m 25s
Recommended Episodes
Aug 2023
New pain for China’s property sector
Lower gas and electricity costs drove a sharp drop in headline UK inflation in July, Fitch Ratings has downgraded WeWork, and there’s increasing anxiety in China over the real estate sector’s stability.  Mentioned in this podcast:UK inflation slows to 6.8% in July as energy price ... Show More
8m 59s
Nov 2023
WeWork Bust Shows Hazards of Love; China Chips War
WeWork Inc. — known for free-flowing booze and a fleeting $47 billion valuation — declared bankruptcy just two years after going public. This cautionary tale of over-indebtedness highlights the perils for investors who fall in love with businesses they don’t really understand, sa ... Show More
21m 58s
Aug 2022
US inflation finally takes a breather
US stocks rallied after the latest US inflation report showed price rises slowed in July, Disney beat analyst expectations and added 15mn subscribers to its Disney+ streaming service, and social media companies want livestreams to be the future of shopping.  Mentioned in this pod ... Show More
9m 24s
Aug 2023
China slows down
China’s economy has been growing faster than almost any other for a generation, so a slowdown is unfamiliar territory. Today on the show we look at three indicators — the CPI, exports and property sales — and try to understand why growth in China is finally slowing, and what it m ... Show More
18m 58s
Sep 2022
Cruise control: port cities push back against ships
The US releases the latest jobs numbers today and analysts expect the pace of positions added to have slowed in August, eurozone unemployment fell to an all-time low of 6.6% of the workforce, the cruise industry is recovering from the pandemic but the industry now faces resistanc ... Show More
10m 17s
Sep 2023
China’s Perilous New Debt Phase; Gas-Plunge Hazards
China’s property crisis has lurched into a perilous new phase — with significant implications for the world’s second-largest economy, according to Bloomberg News’ Alice Huang. The deepening distress hurts other industries and repels foreign investors, Huang says. In this episode ... Show More
30m 43s
Apr 2024
China's tech battle to control the future
Chinese President Xi Jinping's new slogan, "develop new productive forces," aims to bolster the expansion of high-tech sectors to drive economic growth. China already dominates the world of electric cars and controls more than 80 percent of the global solar panel manufacturing ma ... Show More
29m 19s
Nov 2020
Money Talks: The money doctors
A quiet revolution is happening in asset management. Host Patrick Lane and John O’Sullivan, The Economist’s markets columnist, speak to industry insiders about a centuries-old model under strain. They ask about the cost of the race to zero fees, if value investing has had its day ... Show More
31m 16s
Feb 2024
Bloomberg Daybreak Asia: US CPI Data, Asia Markets
Listen to today's top stories, with context, in just 15 minutes. Daniel Hornung, Deputy Director of the White House National Economic Council joins the program to discuss the latest CPI data. Hebe Chen, Market Analyst at IG, sits down with us to share her perspective on Asia mark ... Show More
24m 28s
Feb 2024
Google says Microsoft pitched Bing sale to Apple
Google (GOOGL) (GOOG): Microsoft (MSFT) offered to sell Bing to Apple (AAPL) when pitching default deal. (00:23) Walt Disney (DIS), Reliance sign pact to merge Indian media operations - report. (01:27) Ford (F) halts shipments of electric F-150 truck due to quality issue. (02:36) ... Show More
6m 52s