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Wednesday, September 25, 2024

Asia Market Movers: China - top government economic adviser disappears after crticism of Xi Jinping

China - top government economic adviser disappears after crticism of Xi Jinping

Zhu Hengpeng was deputy director of the Institute of Economics at the state-run Chinese Academy of Social Sciences ()CASS). CASS is China's pre-eminent thinktanks. He lost his job and was detained aft... 

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Wall Street Journal Fed watcher Timiraos on sign of a weaker jobs market

This via Wall Street Journal journalist and noted Fed watcher Nick Timiraos: If this is a sign of a deteriorating jobs market (its probably not a sign of a strengthening one!) It'll file further prici... 

Fed SOMA Manager says markets see 50bp rate cut as good news, not bad

The New York Federal Reserve branch's Roberto Perli is manager of the Fed's System Open Market Account SOMA). He spoke in a speech on Tuesday, saying that markets are not viewing the FOMC 50bp rate cu... 

Australian dollar down few tics after (monthly) headline inflation drops into target band

The data release is here: Australian August CPI 2.7% y/y (expected 2.8%) down from 3.5% in July As I said in that post, the drop in headline inflation is mainly due to combined Commonwealth and State... 

Australian August CPI 2.7% y/y (expected 2.8%)

Australian August CPI 2.7% y/y, lower than expected and under the top end of the Reserve Bank of Australia 2 - 3% target band. Good news. expected 2.8%, prior 3.5% 2.7% y/y is the lowest since August... 

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China - top government economic adviser disappears after crticism of Xi Jinping

Zhu Hengpeng was deputy director of the Institute of Economics at the state-run Chinese Academy of Social Sciences ()CASS). CASS is China's pre-eminent thinktanks. He lost his job and was detained aft... 

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