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7th Oct 2024 11:31China+Daily Monitor

  • China’s FX reserves rose more than expected in September as the Fed started cutting interest rates.
  • Foreign equity flows have likely improved, as China announced support measures at end-September.
  • Looking ahead, a weaker dollar and further Fed cuts should bode well for China’s valuation effect.

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Keywords for: 8 October 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence