Asia stocks rally on Fed cut bets – Dec 12
Today’s Market News China is considering softer currency Gold advances as inflation data fuels Fed rate cut optimism India’s newly-appointed central bank chief commits to policy continuity Key developments to markets on Thursday: India inflation (November) Australia unemployment (November) ECB policy meeting Index Last Change % Change trading lower Dow Jones Industrial Average .DJI 44,148.56 […]
US stock markets – Dec 11
Notables Notable Earnings Today: Adobe (Nasdaq: ADBE), Macy’s (NYSE: M), Nordson (Nasdaq: NDSN), Oxford Industries (NYSE: OXM), Cognyte Software (Nasdaq: CGNT), REV Group (NYSE: REVG), Photronics (Nasdaq: PLAB), Vera Bradley (Nasdaq: VRA), Kanzhun (Nasdaq: BZ). Notable IPOs Today: Atlantic International Corp. Common Stock (Nasdaq: ATLN). Notable Equity Crowdfunding Campaigns Ending Today: Bottled (StartEngine). Notable Economic Events Today: Consumer Price […]
Global shares fall, dollar climbs ahead of inflation report – Dec 11
Today’s Market News Rupee hit all-time low as RBI governor change sparks rate cut hopes Gold could extend record run into 2025, Heraeus says Sunac China wins some bondholder approval for onshore restructuring plan, source says Philippines GDP growth hit by typhoons, but outlook robust, says World Bank China ready to go deeper into debt […]
China stocks jump on Politburo policy shift – Dec 10
Today’s Market News Chinese cosmetics firm Mao Geping prices shares at top of range in Hong Kong IPO LG Electronics’ India arm files for IPO amid strong consumer durables demand Japanese investors sold overseas equities for second straight month in November3:56 AM EST Hang Seng up 1%; CSI300 up 2% China bond yields hit record […]
China inflation up next, geopolitics in focus- Dec 9
Today’s Market News China’s central bank resumes gold purchases after six-month hiatus in Nov US appeals court upholds TikTok law forcing its sale Rattled by China, West scrambles to rejig critical minerals supply chains JD Logistics takes full ownership of Kuayue-Express with $892 mln stake buy Maruti Suzuki, JSW MG Motor hike car prices following […]
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), […]
