9/9/2024
Global liquidity has increased from $127.08T to $127.9T, marking a significant $0.81T rise (+0.64%) this past week. Despite the 3M remaining under the 12M ROC, indicating a bearish signal, the overall liquidity surge can't be ignored.
China has also injected liquidity with $19.39B, $8.67B, and $95.9M, contributing to broader market movements.
Looking ahead, the upcoming FOMC meeting on Sept 17-18 is highly likely to result in a starting rate cutting cycle.