Search Results for: China

Monetary Policy – China vs. U.S. Homebuilders China and the United States are expected to diverge on monetary policy this year. Image: BofA Global Investment Strategy

Stocks – China Credit Impulse and China Stock Prices Relative to EM (Leading Indicator) China credit impulse tends to lead Chinese stock prices relative to EM by one month. Image: Alpine Macro

US vs. China – Fiscal Balance and Central Bank Assets As the chart shows, the U.S. and China have two very different policy responses to the pandemic crisis. Image: Alpine Macro

MSCI Equity Price: China Relative to U.S. and USD/CNY (Inverted) The RMB should weaken relative to the U.S. dollar. Image: BCA Research

China’s Credit Impulse as % of GDP Investors should be pleased as Chinese credit impulse is expected to rise. Image: Morgan Stanley Research

China – USD/CNY and EM Currency Index The RMB is expected to weaken relative to the U.S. dollar. Image: Alpine Macro

China Credit Impulse Investors should be pleased as Chinese credit stimulus is on the way. Image: Alpine Macro

China’s Bond Market China’s bond market is growing fast. Image: Gavekal, Macrobond

Nominal Effective U.S. Dollar and China Business Cycle Indicator (Leading Indicator) China’s business cycle tends to lead the U.S. dollar by 9 months. Image: Alpine Macro

China Credit Impulse and Global Exports, China M1 and Industrial Commodity Prices (Leading Indicators) China credit impulse tends to lead global exports by 12 months. Image: Alpine Macro