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China Might Be Pivoting To 'Moderately Loose' Monetary Policy, But Experts Feel 'Bazooka-Style Stimulus' Won't Arrive Immediately
Thursday, December 12, 2024 - 7:37am | 541China’s leadership has taken a surprising turn in monetary policy, signaling a shift to a “moderately loose” stance. But experts weigh on when a big stimulus would be introduced. What Happened: China’s leadership surprised markets on Monday by indicating a shift in monetary...
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As Trump Returns To White House, China Plans New Stimulus Package To Protect Economy From US Trade Policies
Friday, November 8, 2024 - 5:07am | 606China is poised to unveil a substantial fiscal stimulus package this Friday, as the National People's Congress (NPC) Standing Committee wraps up its session. This comes in the wake of Donald Trump’s recent election as U.S. president, which has heightened China’s focus on economic...
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Don't Bet On China's Economic Stimulus Yet As Yuan Faces Volatility Amid US Election, Jobs Data: Analysts
Monday, October 7, 2024 - 9:37am | 476China’s yuan is expected to experience fluctuations due to Beijing’s economic stimulus and pressures from the United States as its presidential election approaches on Nov. 5, analysts indicated. What Happened: The yuan could appreciate against the U.S. dollar if Beijing implements...
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These US-Listed Chinese Stocks Set To Surge Amid Beijing's New Stimulus Plan: Citi
Thursday, October 3, 2024 - 5:52am | 527Amid China’s recent economic stimulus efforts, Citi has identified three U.S.-listed Chinese stocks as potential winners. The measures, introduced last month, aim to rejuvenate the economy and enhance market and consumer confidence. What Happened: Citi has pinpointed three Chinese stocks...
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Axiom's Gordon Johnson Starts Caterpillar With A Sell, Sees 60% Downside
Thursday, September 24, 2015 - 8:41am | 452Shares of Caterpillar Inc. (NYSE: CAT) fell more than 2 percent on Wednesday, trading at fresh 52-week lows of $70.16. Gordon Johnson of Axiom initiated coverage of Caterpillar on Thursday with a Sell rating and $28 price target. Johnson noted two of the company's three core...
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iShares China ETF Pulling Back After Break Of Downtrend: An Opportunity To Buy?
Wednesday, September 17, 2014 - 11:46am | 297The iShares FTSE/Xinhua China 25 Index ETF (NYSE: FXI) is pulling back after a nice run to the upside in recent months. So, will the Chinese international leadership continue, or is it too late to profit on the upside there? What's Driving The Action? Activity in China caught some...
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Market Wrap For April 3: Markets Winning Streak Fails To Extend To Five Days
Thursday, April 3, 2014 - 5:50pm | 2205U.S. stocks were unable to post its fifth consecutive day of gains as the weekly jobless claims figure gained more than expected. Investors and traders were likely sitting on the sideline, waiting for Friday's monthly government jobs. Economists are expecting a gain of 197,000 new jobs in March...
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Stocks Get China Boost From Second China Disneyland Loan
Monday, August 12, 2013 - 12:16pm | 528China-sensitive stocks were boosted this morning from news that the world's second-largest economy authorized a massive loan from one of the big four state-owned banks to finance the building of the nation's second Disneyland (NYSE: DIS) as well as pay for improvements to Shanghai's downtown in...