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US, China To Ease Tariffs Gradually After 'Complex' Talks, Says Morgan Stanley — But Cuts China's Growth Outlook
Tuesday, April 29, 2025 - 8:36am | 675As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2. What Happened: Despite the...
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Why US-Listed China ETFs Are Gaining Up To 6% In Friday's Premarket
Friday, October 18, 2024 - 6:57am | 415China’s stronger-than-expected GDP figures for the third quarter have led to a notable surge in U.S.-listed China-based ETFs during pre-market trading. This economic data has provided a boost to several key ETFs. What Happened: China-based U.S.-listed ETFs experienced a significant uptick in...
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Why Are Alibaba, Nio, JD.Com And Other US-Listed Chinese Stocks Surging Today?
Friday, October 18, 2024 - 5:28am | 529China-based U.S.-listed stocks experienced a notable pre-market rally on Friday, driven by China’s better-than-expected GDP figures for the third quarter. What Happened: Several major Chinese companies saw significant gains. As per Benzinga Pro, Alibaba Group Holding Ltd – ADR (NYSE:...
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China's GDP Miss, UPS Strike Threat And Insights From 9M Bank Accounts: Economic Highlights This Week
Sunday, July 23, 2023 - 6:01am | 702This week in economics was marked by China’s Q2 GDP miss, the looming final Fed rate hike, a potential false alarm in job market indicators, the potential ripple effects of a UPS strike, and insights from data of 9 million bank accounts. Let’s dive into the details. China’s Q2 GDP...
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Fintech Focus For July 17, 2020
Friday, July 17, 2020 - 10:21am | 1949Daily Perspective: If we go through this period where we are reopening and reclosing and opening and reclosing, this, in my mind, will have a very negative effect on consumer confidence. - Harker Fintech Movers: Apps like Robinhood are impacting markets in a huge way. - Mohamed El-Erian Intern...
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China's GDP Growth In 2018 Was Lowest Since 1990
Tuesday, January 22, 2019 - 4:34pm | 582The latest round of economic data from China showed the country's economy grew at just 6.6 percent last year, which marks the slowest pace seen since 1990. Is The Economy Contracting? Xiang Songzuo, a university professor in Beijing, estimated in December China's economy at most grew just 1...
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EUR/USD Forecast: Recovering, But Only Within A Downtrend Channel, Selling Opportunity?
Monday, January 21, 2019 - 11:21am | 406EUR/USD is ticking up below the 1.1400 level in the wake of a new week. Chinese related headlines dominate as the US is on holiday. The technical picture is bearish for the pair. EUR/USD kicks off the new week with a gentle move toward 1.1400, trading within a limited range. China reported an...
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Trip Chowdhry: China GDP Will Contract, But Buy Apple
Tuesday, August 25, 2015 - 12:02pm | 346Trip Chowdhry of Global Equities Research commented in an e-mail to clients on Monday that even if China's GDP contracts by a "grossly pessimistic" two percent, Apple Inc. (NASDAQ: AAPL)'s stock is still attractive. Chowdhry argued in his e-mail that recent weakness in Apple's stock still...
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Earnings Continue Driving Markets Higher
Wednesday, July 16, 2014 - 5:23pm | 3415U.S. stocks rose as investors and traders find comfort in corporate earnings that continue to come in at better-than-expected levels. Although it's still very early in to earning season, Intel Corp. (NASDAQ: INTC) reported better-than-expected results and stronger-than-expected PC sales,...
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Market Wrap For December 24: Markets Higher on Strong Durable Goods Data
Tuesday, December 24, 2013 - 2:25pm | 1026Major indices moderately gained on Tuesday's shortened trading session which came in higher than expected. The strong durable goods data is yet another economic data set that confirms the economy is improving. The Fed's decision to begin tapering its $85 billion monthly bond-buying program was...
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Market Wrap For December 16: Dow Posts Triple Point Gain Ahead of Fed Meeting
Monday, December 16, 2013 - 5:55pm | 2347U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory. Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating when (or...
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Chinese Economy Grows Faster Than Expected in Fourth Quarter, Shares Rise
Friday, January 18, 2013 - 7:56am | 400China reported late Thursday that the economy expanded at a faster rate than expected in the fourth quarter, positive signs for both the domestic and world economy. The National Bureau of Statistics in China reported that the economy grew at an annualized rate of 7.9 percent in the fourth quarter,...
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Benzinga Market Primer: Friday, January 18
Friday, January 18, 2013 - 7:26am | 836Futures Rise on Strong Chinese GDP U.S. equity futures rose slightly overnight following the release of China's fourth quarter GDP. The National Statistics Bureau reported that fourth quarter GDP rose at an annualized rate of 7.9 percent, better than the 7.8 percent forecast by economists and...
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Benzinga Market Primer: Thursday, January 17
Thursday, January 17, 2013 - 7:33am | 998Futures Flat Ahead of Jobless Claims, Earnings U.S. equity futures were flat in early Thursday trade ahead of lots of economic data, including Initial Jobless Claims, and lots of earnings. The earnings data will truly set the tone before the open with many big banks set to report fourth quarter...
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China Foreign Direct Investment Falls for First Year Since 2009, Remains Near Record Level
Wednesday, January 16, 2013 - 10:34am | 430Foreign Direct Investment (FDI) into China in 2012 slipped 3.7 percent resulting from global weakness emanating from the eurozone. However, the $111.7 billion inflow of capital into China was only slightly lower than 2011's record amount of $116 billion, despite a significant drop from the crisis-...