Economic QuickView
- 26 February 2025 - Hong Kong Budget: Nurturing New Growth Engines and Ensuring Fiscal Stability
- 20 February 2025 - Chinese Mainland: US Trade Policies on China and Their Impacts
- 3 February 2025 - Hong Kong GDP: Hong Kong economic momentum picked up in Q4 2024
- 3 February 2025 - FOMC Meeting: Powell says the Fed is not in a hurry to cut rates
- 17 January 2025 - Chinese Mainland Economy: GDP Growth Target of Around 5% for 2024 Achieved
- 19 December 2024 - FOMC Meeting: The Fed adopts a hawkish stance after rate cut in December
- 16 December 2024 - Chinese Mainland Economy: The growth target of around 5% for 2024 is expected to be achieved
- 15 November 2024 - Chinese Mainland Economy: Recovery momentum stabilises as stimulus measures gradually take effect
- 8 November 2024 - FOMC Meeting: The Fed cut rates by 25 basis points in November
- 31 October 2024 - Hong Kong GDP: Growth momentum softened amid moderating trade growth
- 18 October 2024 - Chinese Mainland Economy: Growth momentum showed marginal improvements in Q3
- 17 October 2024 - Hong Kong 2024 Policy Address: Fostering prosperity through reforms
- 30 September 2024 - US Election: The differing policies of Kamala Harris and Donald Trump
- 19 September 2024 - FOMC Meeting: The Fed implemented a big rate cut of 50 basis points to ensure a soft landing
- 16 September 2024 - Chinese Mainland Economy: Moderating momentum calls for stronger supportive measures
- 27 August 2024 - Hong Kong Retail Properties: A modest silver lining for retail property sector
- 26 August 2024 - Jackson Hole Economic Symposium: Fed Chair Powell signalled that the Fed’s rate cut cycle is imminent
- 15 August 2024 - Chinese Mainland Economy: Further policy efforts to consolidate the economic recovery
- 1 August 2024 - FOMC Meeting: Looming possibility of a September rate cut
- 31 July 2024 - Hong Kong GDP: Robust merchandise trade supports steady economic recovery
- 22 July 2024 - Resolution of CPC Central Committee: Basically realising socialist modernisation by 2035
- 19 July 2024 - The 3rd Plenum: Further deepening reform comprehensively to advance Chinese-style modernisation
- 15 July 2024 - Chinese Mainland Economy: GDP growth reached 5.0% YoY in 1H 2024 amid short-term volatility
- 17 June 2024 - Chinese Mainland Economy: Growth sustained steadily in May
- 13 June 2024 - FOMC Meeting: The Fed's median projection shows one rate cut for 2024
- 23 May 2024 - US Economy: Entering late-cycle with caution signs
- 17 May 2024 - Chinese Mainland Economy: Recovery momentum sustained in April
- 2 May 2024 - Hong Kong GDP: Merchandise trade drove recovery in Q1 2024
- 2 May 2024 - FOMC Meeting: The Fed held rates unchanged and announced it would slow its QT
- 16 April 2024 - Chinese Mainland Economy: Solid Q1 growth moderated towards the quarter-end
- 21 March 2024 - FOMC Meeting: Three rate cuts marked for 2024 with a slower QT fairly soon
- 18 March 2024 - Chinese Mainland Economy: A Solid Start in 2024 with Emerging Policy Impacts
- 6 March 2024 - Government Work Report 2024: Enhanced consistency in macro-policy orientation
- 29 February 2024 - Hong Kong Budget:Timely and balanced approach to bolster confidence and ensure fiscal sustainability
- 1 February 2024 - FOMC Meeting: Hopes dashed of a rate cut in March but easing bias remains
- 31 January 2024 - Hong Kong GDP: The economy posted a steady growth in 2023, with a more balanced outlook in 2024
- 17 January 2024 - Chinese Mainland Economy: A Steady Post-Pandemic Recovery in 2023
- 15 December 2023 - Chinese Mainland Economy: Recovery remained steady with more support policies
- 14 December 2023 - FOMC Meeting: Monetary stance goes from peak rates to a normalising downtrend in 2024
- 23 November 2023 - Chinese Mainland Economy: An Inseparable Role in Global Supply Chain with Ample Potential
- 15 November 2023 - Chinese Mainland Economy: Recovery Momentum Held Up with Greater Stimulus Likely
- 2 November 2023 - FOMC Meeting: The Fed held rate unchanged again amid tighter financial conditions
- 1 November 2023 - Hong Kong GDP: Recovery Driven by Private Consumption and Inbound Tourism
- 26 October 2023 - Hong Kong 2023 Policy Address: Concerted efforts to lift the economy
- 18 October 2023 - Chinese Mainland Economy: Growth Gets Boosted by Stronger Policy Mix in Q3
- 21 September 2023 - FOMC Meeting: The Fed held interest rate steady but maintained a hawkish stance
Market Monitor
April 2025
- Chinese Mainland - A firm start to 2025 with intensified policies to spur consumption
- Hong Kong - External trade held up in early 2025
- Europe - Escalating trade tensions casts shadow over growth
- United States - Trump is igniting a global recession with reciprocal tariffs
- Asia - US tariff measures dampened Asian growth prospects
March 2025
- Chinese Mainland - A 5% growth target reflects confidence in the Mainland economy
- Hong Kong - Hong Kong’s growth momentum held up in early 2025
- Europe - Stepping up efforts to raise defense spending and investment
- United States - The Trump administration imposed escalating tariff measures
- Asia - Most Asian economies finished 2024 on a solid note
February 2025
- Chinese Mainland - Stimulus-induced domestic demand ended 2024 on a solid note
- Hong Kong - Hong Kong’s economic growth picked up in Q4 2024
- Europe - Growth concerns persisted amid renewed uncertainties
- United States - The Trump administration implements a wide range of changes
- Asia - Most Asian economies posted solid growth in 2024
January 2025
- Chinese Mainland - Growth target achievable in 2024 with a steady outlook in 2025
- Hong Kong - Inbound tourism extends its recovery
- Europe - European slowdown persisted in Q4 2024
- United States - The Fed signalled fewer rate cuts going forward
- Asia - Asian economies expanded towards the end of 2024
December 2024
- Chinese Mainland - Growth improved with more stimulus measures likely in 2025
- Hong Kong - Property market stabilised somewhat with improving sentiment
- Europe - Growth momentum slowed further in Europe
- United States - Growth momentum remained solid
- Asia - Solid domestic activities supported growth in Asia
November 2024
- Chinese Mainland - Growth picks up as stimulus measures gradually take effect
- Hong Kong - Growth moderated in Q3, with the outlook turning somewhat better
- Europe - Growth outlook stays subdued in early Q4
- United States - Trump won presidency, marking a return to America First policies
- Asia - Asian economies sustained steady growth in Q3
October 2024
- Chinese Mainland - Strong policy determination to revive growth momentum
- Hong Kong - Asset markets revitalized on rate cut and stimulus policies
- Europe - Renewed weak outlook after the Olympic Games
- United States - The Fed started its rate cut cycle in September
- Asia - Asian manufacturing sectors showed early signs of softening
September 2024
- Chinese Mainland - More forceful policies expected to sustain growth trend
- Hong Kong - External demand remained a tailwind for the economy
- Europe - Growth momentum picked up with the Olympic boost
- United States - The start of the Fed’s rate cut cycle is imminent
- Asia - Growth momentum likely extends into 2H
August 2024
- Chinese Mainland - Steady 1H performance with deepening reform ahead
- Hong Kong - Goods trade remained the key growth driver
- Europe - Renewed moderation in growth momentum
- United States - The Fed becomes more attentive to its dual mandate
- Asia - Early reporting Asian economies showed further growth in Q2
July 2024
- Chinese Mainland - Growth sustained with all eyes on the third plenary session
- Hong Kong - External trade remained the driver of growth
- Europe - Moderating growth momentum
- United States - The Fed’s dot plot marked one rate cut for 2024
- Asia - Asian economies continued to recover in Q2
June 2024
- Chinese Mainland - Stable Growth with Enhanced Property Policy Support
- Hong Kong - Recovery in External Trade Underpins a Steady Outlook
- Europe - Recovery progressively gathered pace
- United States - Economic Momentum Moderated
- Asia - Japan’s economy contracted in Q1
May 2024
- Chinese Mainland - Strong Macro-policy Likely Sustains Solid Growth Momentum
- Hong Kong - Reviving Merchandise Trade Boosted Recovery in Q1
- Europe - European economy returned to moderate growth
- United States - The US economy moderated with inflation remaining sticky
- Asia - Asian Economies Sustained a Solid Recovery
April 2024
- Chinese Mainland - A Broad-based Improvement in Growth Momentum
- Hong Kong - The Hong Kong Property Market Showed Signs of Stabilisation
- Europe - Stabilising at A Varied Recovery Pace
- United States - US economy looks set to grow steadily in Q1 2024
- Asia - Inflation picked up across Asia
March 2024
- Chinese Mainland - Enhanced Consistency in Macro-Policy for Economic Stability
- Hong Kong - The Budget took measures to support the property market
- Europe - Somewhat Less Gloomy in Early 2024
- United States - Pushed back expectation aligns better with the Fed’s dot plot
- Asia - Japan’s economy softened in the last quarter of 2023
February 2024
- Chinese Mainland - A Steady Growth Momentum Likely Continues in 2024
- Hong Kong - On the way to a more balanced recovery
- Europe - Muted Momentum with Central Banks Turning Slightly Dovish
- United States - Strong gains in payrolls push back rate cut bets
- Asia - Economic Growth in Asia Picks Up Modestly
January 2024
- Chinese Mainland - Well-Coordinated Policies to Sustain Economic Recovery
- Hong Kong - A steady growth outlook in 2024
- Europe - Growth Remained Weak But Sentiment Somewhat Improved
- United States - Financial markets buoyed amid the Fed’s dovish pivot
- Asia - Exports Stabilised with Softening Inflation across Asia
December 2023
- Chinese Mainland - Recovery Momentum Held Up
- Hong Kong - Economic Recovery Stays Intact Despite External Headwinds
- Europe - Economy Stabilised at Low Levels but Downturn Risk Remains
- United States - More signs of an economic slowdown emerged
- Asia - Mixed Performance in Asian Economies
November 2023
- Chinese Mainland - Q3 Growth Bolstered by Stronger Supportive Policies
- Hong Kong - Private Consumption and Inbound Tourism Drove Recovery
- Europe - Weakening Prospects amid Multiple Headwinds
- United States - Tighter Financial Conditions Reduce the need for further rate hikes
- Asia - Asian Economies Showed Stabilising Growth Momentum
October 2023
- Chinese Mainland - Recovery Gained Momentum Amid Stronger Stimulus
- Hong Kong - Booming Tourism Led to Persistent Growth in Retail Sales
- Europe - Growth Weakened Further Amid High Interest Rates
- United States - Economic outperformance Caused a Hawkish Fed
- Asia - Exports Remained in Contraction but Signs of Stabilization Were Seen
September 2023
- Chinese Mainland - Further Policy Measures to Drive Steady Recovery
- Hong Kong - Resilient Labour Market and Domestic Demand Lead Recovery
- Europe - Mixed Growth Picture with Rising Uncertainty Ahead
- United States - Slow Progress in Growth and Core Inflation Cooling
- Asia - Asian Central Banks Held Rates Steady
August 2023
- Chinese Mainland - A Steady Growth Momentum With Targeted Stimulus Ahead
- Hong Kong - Consumption and Inbound Tourism Remain the Growth Drivers
- Europe - Economy Steadily Held but Cost Pressures Persists
- United States - US Economy Remained Resilient in Q2 2023
- Asia - Modest Improvements in Q2 2023
July 2023
- Mainland China - A Steady Recovery with Enhanced Policy Support
- Hong Kong - A Robust Labour Market Drives a Persistent Recovery
- Europe - Increased Economic Pressures Likely to Constrain the Pace of Recovery
- United States - The Fed Signals a Higher Interest Rate is Needed
- Asia -Most Asian Central Banks Held Rates Steady
June 2023
- Mainland China - The Solid Recovery Momentum Remains Largely Intact
- Hong Kong - An expanding domestic sector leads to a sustained recovery
- Europe - Slowing Recovery Momentum
- United States - Mounting Uncertainties Surrounding the Fed’s Terminal Rate
- Asia -Inflation Trends Diverge
May 2023
- Mainland China - A Strong Q1 Brightens the Recovery Outlook
- Hong Kong - Hong Kong’s economy enters a new expansionary cycle
- Europe - A Mild but Uneven Recovery
- United States - Moderate Growth in Q1 2023 But Downside Risks Remain
- Asia -Initial Signs of Easing Inflationary Pressure
