Economic Outlook - New Zealand firms' optimism about trading prospects reached an 11-year high in November [1] - The surge in optimism adds to signs of an ongoing economic recovery in New Zealand [1]

New Zealand’s central bank cut interest rates to a fresh three-year low and signaled the possibility of further easing to support a nascent economic recovery https://t.co/s6DHrmry2j ...

Shoppers and retailers are returning to the Midwest’s most prominent shopping strip, signaling that a budding recovery is under way on Chicago's famed Magnificent Mile.🔗: https://t.co/dgamD3pvge https://t.co/lgXEwJWpuy ...

Core Insights - Hong Kong lenders are cautiously easing household lending in response to a recent rate cut by the Hong Kong Monetary Authority, which lowered its base rate to 4.25% in October, marking the second decrease this year [1][2] Economic Indicators - The unemployment rate in Hong Kong was 3.8% at the end of October, a slight decrease from 3.9% the previous month, but still high compared to pre-pandemic levels [4] - Wage growth has slowed from 3.5% in 2024 to 2.5% in the current year, with average salaries declining since the onset of the US-China trade war in April [5] Consumer Behavior - Retail sales have rebounded since May, with a 5.9% increase in September, driven by increased tourism and improved local consumption [6] - Despite the overall increase in retail sales, consumer spending remains cautious, with significant increases in electrical goods (31%) and alcoholic drinks and tobacco (16%), while spending on furniture (-17%) and clothing and footwear (-6%) has declined [7]

New Zealand’s population is growing at the slowest pace in nearly 13 years, excluding the pandemic, further hampering its sluggish economic recovery https://t.co/EaIDQLdYZF ...

Well, right now the tariffs are very high on India because of the Russian oil and they've stopped doing the Russian oil that's it's been reduced very substantially. Yeah, we're going to be bringing the tariffs down. >> Trump's tariffs, a US trade deal that hangs fire, China hostility and middling growth.2025 seems like a year in which India's political and economic fortunes were clouded. But economist Nil Kant Mishra disagrees. The real story is in the business cycle in India on how the reversal of monetary ...

Indian Economic Outlook - India could benefit from a potential burst in the "air bubble" due to its limited exposure to hyperscaler stocks and data center capacity stocks [2][3] - Axis Bank's chief economist anticipates a cyclical recovery in the Indian economy driven by the reversal of monetary tightening and the end of hard fiscal tightening [5] - The market expects 12-month forward earnings to rise as the economic recovery comes in [6] - Mishra anticipates more than 7% growth in the Indian economy [9] Financial Services Industry Trends - Fundamentals, such as economic growth, credit build-out, and market structure, are more significant than volatility in driving the financial services industry [11] - Lending in India has grown at a nominal rate of 15% to 15.5% annualized over a 50-year period, but has come down to about 11% in the last ten years [13][14] - Government spending slowed down, impacting the economy, but is now recovering [16][17] - Credit growth in India is currently running at about 10%, with a credit growth to GDP growth ratio of 1:1, lower than the historical average of 1.25% to 1.3% [22] - India has a capital deficit, particularly in long-duration capital, and the government is working to attract long-term capital into the financial services sector [24][26] - The number of banks in India has decreased over the last ten years due to the government's merging of public sector banks, reducing competitive intensity [28][29]

Group 1: Market Overview - Air-related stocks are experiencing a significant downturn across global markets, raising questions about India's potential to benefit if the bubble bursts [1] - India currently lacks significant air play and hyperscaler stocks, positioning it as a potential growth opportunity if investors seek alternatives [2][3] Group 2: Economic Recovery - The reversal of monetary tightening and the end of hard fiscal tightening are driving a cyclical recovery in the Indian economy, with expectations of over 7% growth [5][9] - In the past year, India faced a 12% cut in earnings revisions, making it one of the worst-performing markets, but this trend is expected to change as economic recovery takes hold [7][8] Group 3: Financial Services Sector - The financial services industry is poised to benefit significantly from the anticipated economic growth and revival in credit growth, alongside increased foreign investment and potential mergers of small public sector banks [10][9] - Lending in India has historically grown at a nominal rate of 15% annually, but this has decreased to about 11% in recent years, indicating a need for renewed growth [13][14] Group 4: Government Spending and Consumption - Government spending and personal consumption expenditure have been the main drivers of the Indian economy, with recent slowdowns in government spending impacting overall growth [15][16] - Mid-market India is performing well, with signs of recovery in consumption, particularly in urban areas, despite some softness in rural regions [17][18] Group 5: Credit Growth and Risk - Current credit growth in India is around 10%, matching nominal GDP growth, which is lower than historical ratios, indicating a conservative lending environment [22] - Lenders have become overly cautious following a credit risk jolt, leading to a stark decline in growth in unsecured credit and personal loans [20][21] Group 6: Foreign Investment and Competitive Landscape - Large foreign banks are increasingly interested in the Indian financial services sector, which is seen as a source of long-term capital needed for economic growth [23][24] - The consolidation of public sector banks has reduced the number of banks in India, leading to decreased competitive intensity in the financial services industry [29][30]

What's the next step. The title report. The next step for China's bull markets, where they'll look for the next step.Yeah, I think, you know, for next year we still remain bullish. To me, I think the big change is really the global monetary order reconstruction from a, you know, strong dollar to a weak dollar and then from China us constantly in the trade negotiations to a G-2 framework. And then probably more importantly is the deep sea moment, not just in Asia but many other industries where there is a ma ...

Core Viewpoint - The central bank has maintained its key policy rate at 1.75% and indicated that there are unlikely to be any further changes to the rate for some time [1] Group 1 - The decision to keep the key policy rate at 1.75% reflects the central bank's current economic outlook [1] - The central bank's stance suggests a period of stability in monetary policy, which may influence investment strategies [1]