On September 11th, according to Informa Global Markets, the overall CPI in the United States slowed to 2.5% year-on-year in August, in line with expectations and the lowest level since February 2021. Core inflation remained at an annualized rate of 3.2%, which was also in line with expectations. The market noted that higher than expected was core inflation at a monthly rate of 0.3%, which prompted the dollar to rise against the yen from 141.80 to 142.35. The data supports the Federal Reserve to ...
On August 13, MSCI Corporation (MSCI) announced the results of the index review in August. Among them, the MSCI China index newly included two stocks of Huaneng Hydropower and Shenghong Technology, excluding 60 stocks such as Emma Technology, AVIC Plaza Industrial and Financial, China Baoan, China Film and Da Shenlin. Since the MSCI China index is nested into the MSCI emerging market index, the entry of stocks into the MSCI China index means entering the MSCI global standard index series, thus o...