US inflation, China plans spell caution; BOK set to cut – Oct 11

Today’s Market News BOJ will hike rates if it has more confidence in forecasts, says deputy governor Himino World Bank raises South Asia growth forecast to 6.4% on India demand Gold extends gains as rate cut bets strengthen after US economic data Key developments on Friday: South Korea interest rate decision India trade (September) New […]

US stock quick picks – Oct 10

Today’s Markets In Asia, Japan +0.3%. Hong Kong +3%. China +1.3%. India +0.2%. In Europe, at midday, London -0.1%. Paris -0.1%. Frankfurt flat. Futures at 6:30, Dow -0.1%. S&P -0.2%. Nasdaq -0.2%. Crude +1.6% to $74.44. Gold +0.3% to $2,633.50. Bitcoin -1.7% to $61,032. Ten-year Treasury Yield +1 bp to 4.08%. Today’s Economic Calendar 8:30 AM Initial Jobless Claims 8:30 AM Consumer Price Index 9:15 AM Fed’s Cook: “Entrepreneurship and Innovation” 10:30 AM EIA Natural Gas Inventory 10:30 […]

Chinese stocks climb; dollar steady before US inflation test – Oct 10

Today’s Market News China’s stock rally hits speed bump as investors await more stimulus India cenbank holds rates, shifts stance to ‘neutral’ signalling rate cuts ahead Foreign money is leaving Asian equities ex-China this month, LSEG data shows Equities Asian stocks lift on Thursday from Chinese stocks as PBOC kicked off 500 billion yuan facility […]

Which Would You Choose: An Annual Bonus Or A Salary Increment?

If you’re skeptical of the fact that anyone will ever be put in a situation where they have these two options, you’re not alone. While this is purely a hypothetical scenario, what we’re trying to achieve in this article is getting everyone to think about which will deliver the more beneficial outcome in certain scenarios. Depending […]

US stock quick picks – Oct 9

Q3 2024 Earnings Season Set To Kick Into High Gear On Thursday, With Cautious Outlooks in Focus We do it four times a year, but it never loses its novelty — earnings season is finally upon us. Investors took the S&P 500 on a rocky ride in the third quarter, but the index still eked […]

Investors read Fed tea leaves, shrug off China stimulus – Oct 9

Today’s Market News Japan trusts BOJ on monetary policy, economy minister says Fall in Japan’s real wages, spending likely just minor bump for further BOJ hikes China stock rally fizzles as stimulus optimism fades Dollar steadied by focus on Fed path, China, Middle East Key developments on Wednesday: Taiwan CPI (Sept) Reserve Bank of India […]

CPF Special Account: 10 Things You Need To Know About It

Our Special Account is one of three CPF accounts we start with from the moment we are born, with the other two being our Ordinary Account (OA) and MediSave Account (MA). When we turn 55, a Retirement Account (RA) will be opened. From 2025, our Retirement Account will replace our Special Account, which will be closed at the same time. […]

Mid East conflict keeps markets nervous ahead of China’s reopening – Oct 8

Key developments on Tuesday: Australia consumer sentiment (Oct)  Japan Tankan manufacturing and service indexes (Oct) Taiwan trade balance (Sept) Fixed Income 10-year U.S. Treasury yield held above 4% in early Asia trade, as a robust U.S. labour market prompted traders to heavily scale back their expectations for Federal Reserve rate cuts. Equities MSCI’s broadest index of […]