Overseas investors have resumed selling China onshore equities in the new year as pessimism over the country’s sluggish economic recovery deepens. Global funds offloaded 7.9 billion yuan ($1.1 billion) of stocks in the first two weeks of 2024, after making large...

Stocks climbed last week, with the S&P 500 gaining 1.8% to close at 4,783.83. The index is now up 0.3% year to date, up 33.7% from its October 12, 2022 closing low of 3,577.03 and down 0.3% from its January 3, 2022 record closing high of 4,796.56. Often times,...

Mexico to take lead as 'friendshoring' brings in manufacturing WASHINGTON/BEIJING -- China was likely knocked off the perch as the top exporter to the U.S. for the first time since 2006 last year, outpaced by Mexico as tensions between the world's two largest...

Credit-card delinquency rates have exceeded pre-pandemic levels, while the share of borrowers making only the minimum payment climbed above 10% for the first time since 2019, according to a Federal Reserve Bank of Philadelphia report. Almost 3.2% of card balances were...

Consumer prices increased more than expected in December as investors continue to look for signs the Federal Reserve can begin to cut interest rates. The December Consumer Price Index (CPI) showed prices ticked up slightly at 0.3% over last month, an increase from the...

  The foreign exchange market has evolved extensively over time, undergoing important shifts in the types of market participants and the mix of instruments traded, within a trading ecosystem that has become increasingly complex. In this post, we discuss...