Four Charts on Nvidia $NVDA Nvidia's recent drop wiped out the equivalent of Singapore's entire stock market capitalization (over $400B) 1/1

Hong Kong stocks drift as investors eye more China policy support sc.mp/o4emc?utm_sour… via @scmpnews

Hong Kong stocks drift as investors eye more China policy support sc.mp/o4emc?utm_sour… via @scmpnews

A sense of greater urgency to stoke growth will likely keep the People’s Bank of China from intervening in the bond market in the short term, according to analysts bloomberg.com/news/articles/… via Bloomberg Economics

Japan market experiencing significant selling pressure this AM. I have mixed feelings about BOJ's inopportune pivot, and was among those who highlighted potential downside risks. But today's moves are indiscriminate, motivated by FEAR and seem overdone: linkedin.com/posts/carlosca…

#Japan average monthly real cash earnings turned positive for the first time since 2021. Ueda was onto something but may have jumped the gun with his hawkish pivot... fundamentals could prove harder to recover in this environment.

China CPI ticked up to 0.5% Y/Y in July, vs expected 0.3% (prior: 0.2%). In sequential terms, inflation rebounded to 0.5% m/m, up from -0.2% m/m. This was driven by a 1.20% m/m increase in food. Vegetable prices impacted by adverse weather. It does NOT reflect recovery in demand

Overseas investors turn bearish on Japanese equities after brutal sell-off reuters.com/markets/asia/o…

China’s economy probably failed to turn the corner on its worst stretch in five quarters, with an uneven recovery in July held back by consumer spending still lagging industrial activity and investment. bloomberg.com/news/articles/… via Bloomberg Economics

The RBNZ has cut its official cash rate by 25 bps to 5.25%, embarking on an easing cycle earlier than expected. Today's move could herald an earlier-than-expected easing cycle for Asia (ex Japan). The next central bank to watch should be BOK...

SCMP: "China’s youth unemployment surged to 17.2% in July, the highest level in the eight months since the NBS adopted a new method of counting, up from 13.2% a month earlier." sc.mp/3bode?utm_sour… via @scmpnews

China's faltering growth revives cash vouchers talk --> unlikely that we will see cash vouchers but they really ought to get on with it if 5.0% is still the target. My views via Reuters: reuters.com/world/china/ch…

Beijing to investors: Stop bidding up our bonds. It’s making us look bad. wsj.com/world/china/th… via The Wall Street Journal

It was a pleasure to join Shery Ahn and Haidi Stroud-Watts to discuss the Asia macro week ahead. We covered topics such as the US core PCE data, the potential impact of upcoming jobs data on Asia, and China's PMI shortfall. Watch the discussion here: youtube.com/watch?v=A3OmYb…

China exports unexpectedly rose to 8.7% Y/Y in August. Most of the upside came on the back of vehicle exports to Europe, which constitutes front-loading ahead of EV tariffs. Steel rebar, aluminum and chemical fertilizer also increased. Exports to the U.S. slowed. NOT sustainable.

It was a privilege to join such a distinguished group of panelists at the Swiss Chamber's Mid-Year Economic Outlook once again. Engaging with such esteemed cohort of Chief Economists and Strategists was both inspiring and enlightening.

Was fortunate to join Squawk Box for a discussion on US-China trade dynamics ahead of the crucial Presidential debate this week. Here are key insights from our conversation: cnbc.com/2024/09/12/har…