Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
Trump Hopes Iran War Nears End as Yemen Fighting Escalates 
Yemen Fighting Threatens Red Sea Oil Routes 
US Stock Futures Rally as Markets Digest Fed Rate Hike 
Canada Eyes India Trade Deal by Year-End 
Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed 
US Stock Futures Dip After Wall Street Rally 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
Trump Threatens EU Tariffs Over Canada Membership Proposal 
Bessent Presses Japan on Fiscal Policy as Yen Struggles 
Asian Chip Stocks Rally as Treasury Yields Ease 
Gold Rebounds Above $4,300 Despite Hawkish Fed Rate Hike 
South Korea Producer Prices Rise 0.2% in August 
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike 
Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High 
Iran Economic Crisis Forces Afghan Families to Return Home 
Asian Stocks Rise as Oil Falls, BOJ Rate Decision in Focus 
Add as a preferred source on Google
China, the world’s second largest economy is expected to witness an L-shaped growth curve in the near term, barring prospects of a V or U-shaped growth, on recent data released by the Chinese government which lent a flattish note to its expansion prospects.
Projections of growth in Chinese economy came amid faltering trade balance data released over the weekend. China’s April trade contracted, with dollar-denominated exports slewing 1.8% on year, compared to 11.5% surge in the same period a month ago. Imports declined 10.9%, deepening from -7.6% in the month ago period.
While, a set of economic indicators paved a positive way for China’s long-term growth in March, April figures disappointed, with CPI-led inflation coming in at flat at -0.2% and PPI at -3.4%, slightly higher than expectations.
However, the L-shaped growth is expected to sustain over a considerable period of time and investors are alarmed to avoid reacting to unproductive short-term volatilities, since economic transitions can spare over a decade’s time to come in to effect.
Meanwhile, it would not be correct to consider that China would rely on either on equity or property markets to tackle the economic slowdown. However, the government would continue to adopt and impose demand-side policies in a controllable way, specially at a time when the economy grew 6.7% through the first half of this year, having an official annual growth target of at least 6.5%.
