{"id":5806,"date":"2025-10-21T11:42:22","date_gmt":"2025-10-21T03:42:22","guid":{"rendered":"https:\/\/www.bis.hk\/?p=5806"},"modified":"2025-10-21T11:42:22","modified_gmt":"2025-10-21T03:42:22","slug":"equities-like-cutting-cycles","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-hk\/equities-like-cutting-cycles\/","title":{"rendered":"Equities like cutting cycles"},"content":{"rendered":"\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=\"\"> Equities like cutting cycles \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2025-10-20_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\/2025-10-20_marketplace.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Market Data<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The US faces a \u201cdata vacuum\u201d from the shutdown exactly when global markets are looking for economic and policy cues, increasing volatility and making markets more sensitive to political\/trade headlines.<\/li>\n\n\n\n<li>Even as the UK government pushes a growth-agenda, underlying economic fragility (weak jobs\/vacancies + inflation risk) means markets are treating UK assets as cautiously as safe-haven plays, not growth plays.<\/li>\n\n\n\n<li>In the euro-area, political and regulatory uncertainty (especially in France) is weighing more heavily than macro-data, meaning investor appetite remains constrained until clearer leadership and policy paths emerge.<\/li>\n\n\n\n<li>China\u2019s economy is showing export resilience but is clearly constrained by geopolitical and structural risks; the decision to hold policy rates signals caution and leaves limited room for surprise stimulus in the near term.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rest of the world is feeling the ripple effects of developed-market policy and geopolitical shifts; in effect, markets are beginning to price in structural rather than purely cyclical risks \u2014 making broad diversification and macro-hedges more relevant.  <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-hk\/equities-like-cutting-cycles\/\">\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-5806","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\/5806","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=5806"}],"version-history":[{"count":1,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/5806\/revisions"}],"predecessor-version":[{"id":5809,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/5806\/revisions\/5809"}],"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=5806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/categories?post=5806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/tags?post=5806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}