Reply To: Traders Market Weekly: Record Highs with Netflix, PCE & Tesla Risk

#70326
Truman
Participant

China
Reported in-line Q4 GDP on a qtr/qtr basis, but the yr/yr reading was slightly shy of expectations.
China Securities Journal reported that Chinese investors have been buying Japanese ETFs.
Property stocks in China had a weak showing after it was reported that new home prices in December fell for the sixth consecutive month, decreasing 0.5% m/m, while Hong Kong’s Hang Seng approached its low from November 2022.
China is preparing to sell more than CNY1 trln worth of ultra-long bonds to support growth.