{"id":5564,"date":"2025-07-02T12:56:19","date_gmt":"2025-07-02T04:56:19","guid":{"rendered":"https:\/\/www.bis.hk\/?p=5564"},"modified":"2025-07-02T12:56:19","modified_gmt":"2025-07-02T04:56:19","slug":"the-five-percent-club","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-hk\/the-five-percent-club\/","title":{"rendered":"The Five Percent Club"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> The Five Percent Club \u2013&nbsp;<a href=\"https:\/\/www.bis.hk\/PDF\/2025-06-30_chart.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Chart of the week<\/a><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> The Market Place \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2025-06-30_marketplace.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Market Data<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bullish equity markets driven by trade optimism and nascent signs of softening inflation kept Fed rate cuts in play despite housing weakness.&nbsp;<\/li>\n\n\n\n<li>UK inflation is cooling and labour demand softening, creating conditions for monetary easing, even as structural reforms and wage pressures persist.&nbsp;<\/li>\n\n\n\n<li>Fiscal and structural reforms continued in the EU, with inflation stable but consumer costs rising while markets awaited broader monetary cues.&nbsp;<\/li>\n\n\n\n<li>The macro picture remains volatile, oil and defence driven by geopolitics, emerging markets strained by structural pressures, with global growth outlook uncertain.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market sentiment was buoyed by hopes for better trade relations, especially the US\/China rare earth deal and extensions to temporary tariff relief, helping lift global equities to record levels. However, this optimism was tempered by growing worries over US long term sovereign debt outflows, highlighting growing investor concerns about fiscal sustainability and pent-up inflation risk.  <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-hk\/the-five-percent-club\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":5119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-5564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-47"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/5564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/comments?post=5564"}],"version-history":[{"count":4,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/5564\/revisions"}],"predecessor-version":[{"id":5578,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/5564\/revisions\/5578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media\/5119"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media?parent=5564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/categories?post=5564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/tags?post=5564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}