Lorretta Chen News Today

Really something that has been weighing on equities over the course of this week. We saw it heating japan stocks broadly but tech feeling the brunt of it. Today we are actually moving a little high. It is a reflection of the other theme we are tracking today. The u. S. Inflation print a little hotter than expected but not too hot to really shock markets. We saw stocks on wall street climbing to fresh records. So that is positivity coming into the session. But as we said, a lot of unions in japan...

Also. We are tracking the potential job warning, in response to what we are seeing in the yen, jgb yields as well, continuing to move higher and closer to the 1 mark. Suzuki saying they are committed to achieving the Fiscal Consolidation goal. What else we are watching, it comes down to expectations around where the boj goes next. We have been hearing from you next to the my chief economist at the bank, saying that doj could raise rates as soon as june, maybe even space for rate hikes four 2024....

Evergrande’s collapse is the largest in a crisis that has dragged down China’s economic growth and led to defaults by developers. Read on.

Evergrande’s collapse is the largest in a crisis that has dragged down China’s economic growth and led to defaults by developers. Read on.

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China is becoming increasingly inhospitable for foreign business based on the latest crackdown on a global research company. Read on.

The FOMC statement and dot plot were viewed as somewhat more hawkish than expected. System credit growth has slowed - and the risk of a precipitous lending slowdown is rising. Read more.