7 October 2024
China’s economic stimulus – Hope on the horizon? – Download Chart of the week
The Market Place – Download Market Data
- US job growth accelerated in September as non-farm payrolls increased by 254,000, significantly more than expected, helping alleviate concerns about a potential slowdown.
- UK mortgage approvals jumped to a two-year high in August, as the housing market continued its recovery.
- Eurozone inflation estimates fell to below 2% for the first time in over three years fuelling expectations that the European Central Bank could pause further rate hikes.
- Chinese equities surged last week after stimulus announcements, it was Hang Seng’s best week since 1998 and CSI 300’s since 2008.
