Zarathustra
About: Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.
Website: http://www.alsosprachanalyst.com
Recent Articles by Zarathustra
Economy, United States. 4 November, 2012, 15:50
Fed’s balance sheet is still not yet expanding
Fed’s balance sheet is still not really expanding.
Euro area manufacturing PMI fell to 45.4 in October
Euro area manufacturing PMIs point to continued contraction in manufacturing.
China, Financials. 2 November, 2012, 0:00
Chinese big 4 banks saw drop in deposits while lending fell in October
Chinese banks have lost deposits and have probably lent less in October.
Economy, United States. 1 November, 2012, 22:15
ISM manufacturing PMI increased to 51.7 in October
ISM manufacturing PMI points to continued expansion of manufacturing in the US.
Macau casino revenue rose 3.2% yoy in October
Macau casino revenue increased by 3.2% yoy in October.
China has probably stopped "manipulating" its currency for a while
China may have stopped “manipulating” its currency for quite a while.
People’s Bank of China injects RMB173 billion of liquidity via open market operation
PBOC makes a record high net injection this week.
HSBC/Markit China manufacturing PMI points to 12 consecutive months of contraction
HSBC/Markit China PMI points to 12 consecutive months of contraction.
China official manufacturing PMI points to a return to expansion
China official manufacturing PMI suggests that manufacturing sector returns to expansion
Euro area unemployment rate at 11.6% in September
Euro area unemployment rate his another record high.
China official leading indicator rose in September
China official leading indicator point to likely pick-up in economic activities in the final quarter.
Chinese Yuan has weakened against Euro since the summer while it strengthens against USD
While it goes from strength to strength against the US dollar, it weakens against the Euro.
China’s rail cargo volume stabilised in September
Rail cargo volume -5.4% y/y in September vs. -9.2% y/y in August.
Changing pattern of China’s money flows
Are the changes of fund flows pattern temporary or structural?
People’s Bank of China injects RMB395 billion of liquidity through open market operation
PBOC injects a record RMB395 billion of liquidity via reverse repo.
China records a small (and negligible) balance of payments deficit in Q3
China records a small BoP deficit in Q3.
People’s Bank of China injects RMB225 billion of liquidity through open market operation
PBOC injects RMB225 billion of liquidity today.
Economy, United States. 25 October, 2012, 2:16
FOMC policy remains unchanged
FOMC’s monetary policy remains unchanged.
Euro area flash PMI points to continued slowdown in October
Euro area flash PMI points to deepening slowdown.
German IFO business confidence continues to fall in October
German IFO disappoints.