US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **]View unchanged. We maintain our bearish directional bias as price is now back to holding below 5580 resistance, a push lower towards 5405 support is expected. MACD indicator is still within bearish territory, showing that bearish momentum is still persistent. Alternatively: A 4 hour candlestick closing above 5580 resistance will open a pu...
PPI y/y and m/m declined further. PPI -0.7% m/m, with a -0.6% input prices and producer prices for consumption goods remained at 0%. The weaker PPI numbers are influenced by insufficient market demand and falling prices for certain international commodities, NBS said. Month-on-Month Analysis: PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month. The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **]View remains unchanged as technical elements are still valid. We maintain our bearish bias as long as price holds below 5670 resistance, before pushing lower towards 5375 support. Stochastics indicator is reacting below resistance where price dropped in the past. Price is also holdin...
ASEAN +10.5% y/y to 3.92 trillion yuan 🇪🇺EU +0.4% y/y to 3.22 trillion yuan 🇺🇸US +4.1% y/y to 2.72 trillion yuan 🇰🇷S.Korea +8.0% y/y to 1.32 trillion yuan 🇯🇵Japan -2.9% y/y to 1.23 trillion yuan China July exports (y/y): Oil products -6% to 4.98 million tons Fertilizer +10.5% to 3.07 mln tons Rareearth -9% to 4,937 tons Mobilephones -13% to 55.3 mln units Vehicles +25.7% to 553k units IntegratedCircut #IC +13.4% to 27.34 billion units China July imports (y/y): Ironore...
There was HKD665.2 million and HKD192.3 million Southbound Trading net outflow from $MEITUAN-W (03690.HK)$ and $TENCENT (00700.HK)$ .
For $SH->HK Connect (GangGuTong)$ , $BABA-W (09988.HK)$was the most active stock with highest net inflow of HKD470 million...
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **]View unchanged. We maintain our bearish directional bias as price is now back to holding below 5580 resistance, a push lower towards 5405 support is expected. MACD indicator is still within bearish territory, showing that bearish momentum is still persistent.
Alternatively: A 4 hour candlestick closing above 5580 resistance will open a pu...
Month-on-Month Analysis:
PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month.
The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ **]View remains unchanged as technical elements are still valid. We maintain our bearish bias as long as price holds below 5670 resistance, before pushing lower towards 5375 support. Stochastics indicator is reacting below resistance where price dropped in the past. Price is also holdin...
$PDD Holdings (PDD.US)$
$Li Auto (LI.US)$
$BYD Company ADR (BYDDY.US)$
$CNOOC (00883.HK)$
$Meituan ADR (MPNGY.US)$
There was HKD262.7 million, HKD168.8 million and HKD33.2 million Southbound Trading net outflow from $TENCENT (00700.HK)$ , $CNOOC (00883.HK)$ and $MEITUAN-W (03690.HK)$ .
For $SH->HK Connect (GangGuTong)$ , $CHINA MOBILE (00941.HK)$ was the most active stock with highest net inflow of HKD164.9 mil...
Tensions in the Middle East triggered gold and oil prices to rise, $PETROCHINA (00857.HK)$ and $CNOOC (00883.HK)$ opened elevating 1.2% and 2.1%, while $ZIJIN MINING (02899.HK)$ opened inclining 1.7%.
As for tech stocks, $TENCENT (00700.HK)$ o...
🇪🇺EU +0.4% y/y to 3.22 trillion yuan
🇺🇸US +4.1% y/y to 2.72 trillion yuan
🇰🇷S.Korea +8.0% y/y to 1.32 trillion yuan
🇯🇵Japan -2.9% y/y to 1.23 trillion yuan
Oil products -6% to 4.98 million tons
Fertilizer +10.5% to 3.07 mln tons
Rareearth -9% to 4,937 tons
Mobilephones -13% to 55.3 mln units
Vehicles +25.7% to 553k units
IntegratedCircut #IC +13.4% to 27.34 billion units
Ironore...
There was HKD351.6 million, HKD326.1 million and HKD160.6 million Southbound Trading net outflow from $MEITUAN-W (03690.HK)$ , $CHINA SHENHUA (01088.HK)$ and $CHINA MOBILE (00941.HK)$ .
For $SH->HK Connect (GangGuTong)$ , $TENCENT (00700.HK)$ was the most active stock with ...
Metals in Shanghai continue their fall, silver is down 5.7%, copper -3.3%, zinc and tin -2.9%.
$CSI 300 Index (000300.SH)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $CNOOC (00883.HK)$ $China Mobile Limited (600941.SH)$ $CCB (00939.HK)$ $China Construction Bank Corporation (601939.SH)$ $ABC (01288.HK)$ $Agricultural Bank Of China (601288.SH)$
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