Trump's 2.0 policy supports the strength of the dollar, while emerging markets face a double blow in both stocks and currency.
The MSCI emerging markets stocks index fell by 0.8% at one point, marking its fourth consecutive day of decline, setting the longest losing streak in three weeks.
East Asia United Investment: How will Trump's election impact the future economic market?
Dongya Lianfeng Investment stated that Trump's election as the President of the USA, his advocated policies of increasing tariffs and reducing immigration may lead to inflation, affect economic growth, and cause tension in global trade relations.
China Bond Market Eyes Fiscal Plans From Key Legislative Meeting
Caixin C50 Wind Direction Index Survey: Fiscal policy will increase countercyclical adjustment efforts, while the central bank still has ample room for expansion.
① The median forecast for new RMB loans in October is 0.58 trillion yuan, with a year-on-year decrease of 0.16 trillion yuan; ② The median forecast for new social financing scale in October is 1.47 trillion yuan, with a year-on-year decrease of 0.38 trillion yuan; ③ The year-on-year reading of CPI in October may remain unchanged, while the year-on-year decline in PPI may narrow; ④ Fiscal policy will increase countercyclical adjustment efforts, and the central bank still has ample space for expanding its balance sheet.
Market Chatter: China Local Government Bond Issuances Reach Quota at End of October
China Bond Issuances Reach 7.6 Trillion Yuan in September