Market news
25.11.2021, 03:01

NY Fed highlights a potentially significant build-up in Chinese domestic financial market stress

In its latest research report, the Federal Reserve Bank of New York underscores financial stress building up in China.

Key quotes

“Globally, financial market stresses have eased significantly since the spring of 2020. Although Chinese financial conditions are at historically average levels, they have trailed the rest of the world.”

“Given the relatively large degree of comovement in financial conditions across countries, this suggests that a potentially significant build-up in Chinese domestic financial market stresses has been masked by conditions abroad.” 

“The domestic component from our index of financial market stress in China indeed reveals that domestically driven financial market stresses have moved higher since the start of 2021.”

“Although its peak in October was below the levels seen in early 2020, the still-high stress level signaled a substantial downside risk to the Chinese growth outlook.”

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location