Stocks and dollar gain as Fed ‘soft landing’ – Sep 19
Today’s Market News Japan’s exports slow sharply, machinery orders shrink in blow to economic recovery Indonesia’s central bank front runs Fed with surprise rate cut Wall Street droops, dollar edges back after bumper Fed cut China hits 9 US firms with property freeze over weapons sales to Taiwan Foreign holdings of US Treasuries rise […]
US stock quick picks & crypto highlights – Sep 18
Top Stock news Google wins legal battle against $1.67 billion EU digital ad case Biggest stock movers Wednesday: LUNR, CWST, and more EU to impose hefty fines on Meta over classified ads practices – report Dividend Stock News Vecima Networks declares CAD 0.055 dividend VNWTF 0.00%VNWTF Dividends Southwest Gas declares $0.62 dividend SWX +0.99%SWX Dividends Clorox declares […]
US stock quick picks and crypto highlights – Sep 17
Ex-Dividends Stocks Huntington Bancshares, Inc. (HBAN) is about to trade ex-dividend today, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company’s next dividend payment will be $0.15 per share. It has fixed September 17 as the record date for the same and will pay the […]
Tech stocks drag, dollar low on rate cut expectations – Sep 17
Today’s Market News Goldman Sachs, Citigroup cut China’s 2024 growth forecast to 4.7% Tech stocks drag, dollar plumbs lows on rate cut expectations Why Fed rate cuts matter to world markets Key developments on Tuesday: India wholesale price inflation (August) Indonesia trade (August) Japan tertiary index (July) Fixed Income Yields on short-dated U.S. debt […]
US stock quick picks – Sep 16
Notables Notable Earnings Today: Hightide (Nasdaq: HITI), Immunoprecise Antibodies (Nasdaq: IPA), RF Industries (Nasdaq: RFIL), Vince Holding (NYSE: VNCE). Notable IPOs Today: AA Mission Acquisition Corp. (NYSE: AAM), DT Cloud Star Acquisition Corporation Ordinary Shares (Nasdaq: DTSQ), Kairos Pharma, Ltd. (NYSE American: KAPA), Healthy Choice Wellness Corp. (NYSE American: HCWC), Flewber Global Inc. (NYSE American: FLAI), […]
China gloom vs Wall St vroom
Today’s Market News China opposes US tariff hikes, vows steps to defend its firms’ interests China to open anti-dumping probe on halogenated butyl rubber imports from Canada, Japan, India Japan’s PM hopeful Takaichi warns BOJ against raising rates China’s August coal output up on more power, chemical demand Downbeat China factory output, retail sales […]
US stock quick picks – Sep 12
Stock Market News Consumer prices rose 0.2% in August with core inflation higher than expected – CNBC Meme stock GameStop slumps as revenue drop fans turnaround doubts – Reuters OpenAI in talks to raise funds at $150 bln valuation, Bloomberg News reports – Reuters Health Rounds: Once-weekly insulin from Eli Lilly appears effective as daily injections – Reuters Amazon […]
Asia Morning: Sep 12
Today’s Market News India enforcement agency conducts searches in Axis Mutual Fund front-running case China’s Midea Group to price shares at top of range in Hong Kong listing, sources say Bajaj Housing Finance draws bids worth $39 bln in hottest India IPO this year Vedanta Resources raises $900 million via dollar bonds Key developments on […]
US stock quick picks – Sep 11
Trends to Watch Nothing to Fear: Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert (CoinDesk) A Messy Departure: Goldman’s Credit-Card Exit Hampered by Lax Lending Standards (Wall Street Journal) Big Week: Two key inflation reports this week will help decide the size of the Fed’s interest rate cut (CNBC) Incomes Climbing: US incomes rose last year […]
Asia Morning – Sep 11
Today’s Market News Nomura sees markets revenue beating goal as brokerage courts hedge funds China’s exports up solidly but slowing imports dim trade outlook Gold holds firm above $2,500 level as US inflation data looms S&P 500, Nasdaq rise, crude slides as CPI awaits South Korea’s financial watchdog chief warns of household debt turning […]
