Wall Street, bitcoin take breath from record highs ahead of NFP – Dec 6 2024
Today’s Market News Exclusive: Rising costs squeeze intermediaries out of thriving Russian oil trade with India Asian stocks see heavy outflows for second straight month in November Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data Bitcoin crosses $100,000 but pulls back slightly World stocks hold near record highs French […]
Rate cut bets boost stocks, BTC breaks $100,000 – Dec 5
Today’s Market News Indian rupee on gentle one-way path down, to breach 85/$ in 6 months Sunac sweetens onshore debt restructuring plan for bondholders approval by Mon South Korea stocks slide as President Yoon’s failed martial law bid stokes turmoil Politics prove investors right on the ‘Korea Discount’ Investor reaction to South Korea’s political crisis […]
US stock quick picks – Dec 4
Notables Notable Earnings Today: Chewy (NYSE: CHWY), Foot Locker (NYSE: FL), American Eagle Outfitters (NYSE: AEO), Dollar Tree (Nasdaq: DLTR), Five Below (Nasdaq: FIVE), SentinelOne (NYSE: S), PVH (NYSE: PVH), ChargePoint (NYSE: CHPT), Sprinklr (NYSE: CXM), Royal Bank of Canada (TSE: RY), Synopsys (Nasdaq: SNPS), Thor Industries (NYSE: THO), AeroVironment (Nasdaq: AVAV), Hormel Foods (NYSE: HRL), […]
South Korea lifts martial law, relieving market uncertainty – Dec 4
Today’s Market News S.Korea authorities vow to stabilize markets as parliament votes to lift martial law Festivals lift India’s edible oil imports to 4-month high in November, dealers say China bans export of critical minerals to US as trade tensions escalate Venezuela’s oil exports approach 1 million bpd fueled by sales to Asia JOLTS report […]
US stock quick picks – Dec 3
Notables Notable Earnings Today: Salesforce (NYSE: CRM), Core & Main (NYSE: CNM), Okta (Nasdaq: OKTA), Donaldson (NYSE; DCI), Marvell Technology (Nasdaq: MRVL), Box (NYSE: BOX), Torrid (NYSE: CURV), Couchbase (Nasdaq: BASE), Descartes Systems Group (Nasdaq: DSGX), Inotiv (Nasdaq: NOTV), Pure Storage (NYSE: PSTG), REX American Resources (NYSE: REX). Notable IPOs Today: Aspen Insurance Holdings Limited (NYSE: AHL), […]
Asian stocks climb on Wall St lead; yuan, euro sag – Dec 3
Today’s Market News India to update GDP base year to fiscal 2023 Philippines tweaks 2024 GDP growth target, revises outlook for 2025-2028 China regulator flags inadequate control over bond trading at four banks Economic growth concerns, strong NDF dollar bids push rupee to record low China’s relentless bond rally pushes 10-year yield below 2%, lowest […]
US stock quick picks – Dec 2, 2024
Notables Notable Earnings Today: Zscaler (Nasdaq: ZS), Credo Technology Group (Nasdaq: CRDO). Notable IPOs Today: Cohen Circle Acquisition Corp. I Class A Ordinary Shares (Nasdaq: CCIR), Bleichroeder Acquisition Corp. I Class A Ordinary Shares (Nasdaq: BACQ), Rising Dragon Acquisition Corp. Ordinary Shares (Nasdaq: RDAD). Notable Equity Crowdfunding Campaigns Ending Today: Cerus Fitness (StartEngine). Notable Economic Events Today: S&P Global […]
Trump’s BRICS warning shines light on emerging FX – Dec 2
Today’s Market News India’s November goods and services tax collections up 8.5% China new home price rises accelerate in November, survey finds South Korea export growth slows to 14-month low as US demand weakens China Nov factory activity expands for second month as Trump threats loom Russia’s Rosneft may delay refinery modernisation due to high […]
US stock quick picks – Nov 26
Today’s Markets In Asia, Japan -0.9%. Hong Kong flat. China -0.1%. India -0.1%. In Europe, at midday, London -0.3%. Paris -0.6%. Frankfurt -0.5%. Futures at 6:30, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +0.9% to $69.56. Gold +0.5% to $2,630.20. Bitcoin -5.9% to $92,511. Ten-year Treasury Yield +1 bp to 4.29%. Today’s Economic Calendar 09:00 AM Case-Shiller Home Price Index 09:00 AM FHFA House Price Index 10:00 AM Consumer Confidence 10:00 AM New Home Sales 10:00 AM Richmond Fed […]
Dollar jumps, stocks retreat after Trump vows tariffs – Nov 26
Today’s Market News Foreign investors turn net buyers of Indian stocks after record selling run Beijing state-owned asset management to sell 33% stake in joint venture with UBS Indonesia says Apple’s $100 mln investment proposal inadequate Slackening demand likely weighed on India’s GDP growth in September quarter: Reuters poll Vedanta to proceed with dollar bond […]
