No let up from dollar, US yield squeeze – Jan 14 2024
Today’s Market News Stocks slip as yields rise; dollar hits highest in more than 2 years China’s central bank chief vows to supply ample liquidity China exports accelerate amid trade tensions, imports surprise Key developments to markets on Tuesday: Japan trade, current account (November) India wholesale price inflation (December) Bank of Japan Deputy Governor Himino […]
US Stick picks and Crypto Jan 13 2025
Notables Notable Earnings Today: KB Home (NYSE: KBH), Aehr Test Systems (Nasdaq: AEHR), Comtech Telecommunications (Nasdaq: CMTL). Notable IPOs Today: Range Capital Acquisition Corp. Ordinary Shares (Nasdaq: RANG). Notable Equity Crowdfunding Campaigns Ending Today: Quiver Spirits (Honeycomb), Tally’s Silver Spoon (Honeycomb), Split Rock Coffee (Honeycomb), GIGA (Netcapital), Kazark (Netcapital), Mucho Peru (Honeycomb). Notable Economic Events Today: NY Fed 1-Year […]
Stocks slip, dollar firm as inflation, earnings loom – Jan 13 2025
Today’s Market News IMF chief sees steady world growth in 2025, continuing disinflation China has ample fiscal space to bolster growth this year India rupee hits lifetime low, falls for 10th straight week Philippine fintech GCash hires banks for up to $1.5 bln IPO, sources say India releases 1.73 trln rupees to states as tax […]
Stocks fall, US yields near 8-month highs ahead of NFP – Jan 10 2025
Today’s Market News UN predicts world economic growth to remain at 2.8% in 2025 Indian rupee’s slide to continue despite higher rate cut expectations: Reuters poll China’s Country Garden proposes deal to reduce offshore debt by $11.6 bln Taiwan December exports beat forecasts; govt sees stable outlook on AI BOJ sees widening wage hikes, signals […]
Rising Treasury yields cap global stocks; traders weigh tariffs, Fed rate cuts – Jan 9 2025
Today’s Market News China expects increase in New Year travel numbers, despite economic doldrums China expects increase in New Year travel numbers, despite economic doldrums Indian railways spend over $22 billion on modernization Turkey’s Dogan Trend making progress with China’s SAIC for local plant India cuts November gold imports by record $5 billion Key developments […]
Asian stocks slip, USD bolstered by rate outlook – Jan 8 2025
Today’s Market News Shein’s silence on China cotton use leaves British lawmakers in the dark on supply chain India forecasts 2024/25 economic growth of 6.4%, slowest in four years Trump win triggered 2024 exit by overseas investors from Asian equities Another year of big wage hikes likely at big Japan firms, business lobby chair says […]
US stock quick picks – Jan 7
Notables Notable Earnings Today: RPM Inc (NYSE: RPM), AZZ (NYSE: AZZ), Apogee Enterprises (Nasdaq: APOG), Cal-Maine Foods (Nasdaq: CALM) Lindsay Corp (NYSE: LNN), AAR Corp (NYSE: AIR), Simulations Plus (Nasdaq: SLP), Kura Sushi USA (Nasdaq: KRUS), Richarson Electronics (Nasdaq: RELL). Notable IPOs Today: Diginex Limited Ordinary Shares (Nasdaq: DGNX), Cantor Equity Partners I, Inc. Class A Ordinary […]
Asia shares rise on prospect of softer Trump tariffs – Jan 7 2025
Today’s Market News Exclusive: Chinese exchanges ask big fund managers to restrict stock selling BOJ’s Ueda vows to keep hiking rates with focus on risks China’s export ban to push antimony prices to new highs Key developments to markets on Tuesday: Japan 10-year bond auction China FX reserves (December) Taiwan inflation (December) Index Last Change […]
US stocks and global markets – Jan 6 2025
Notables Notable Earnings Today: Commercial Metals (NYSE: CMC). Notable IPOs Today: N/A. Notable Equity Crowdfunding Campaigns Ending Today: The Open Road (Honeycomb), Mother Road Brewing Company (StartEngine), Orbotics (StartEngine), Unbothered Foods (Wefunder). Notable Economic Events Today: S&P Global Services PMI (9:45 a.m. ET), S&P Global Composite PMI (9:45 a.m. ET), Factory Orders (10:00 a.m. ET). Trends to Watch Bitcoin […]
Shares patchy in Asia, Canadian dollar up on Trudeau report – Jan 6 2025
Today’s Market News Foxconn beats estimates with record fourth-quarter revenue on AI demand China’s cenbank warns mutual funds against feeding bond frenzy, sources say Hyundai Motor, Kia Motor see uptick in 2025 sales after missing 2024 targets Indonesia signs 15.6 mln kilolitres biodiesel allocation for 2025 Singapore’s Dec jet fuel imports hit multi-year high on […]