Global Liquidity Update

Global liquidity decreased by -0.27 T (0.02%) last week, showing no major warning signals, and the likelihood of continued growth in risk assets remains high.

The liquidity change rate indicator shows early signs of a slowdown in growth momentum. If this trend continues, attention will need to be paid to asset risks. The future direction of liquidity will mainly depend on the extent and timing of the Federal Reserve's interest rate cuts.