Global equity index slips ahead of US NFP; oil steadies – Sep 6
Today’s Market News Foreign investors struggle to keep up with India’s rise JPMorgan ditches call to buy Chinese stocks, citing ‘Tariff War 2.0’ risk China’s central bank sees room to cut reserve buffers to boost growth Japan prime minister hopeful Kono says govts should not intervene in deals Key developments on Friday: South Korea current […]
US stock picks – Sep 5
Stock Market News Dollar Tree shares slide after discounter cuts full-year forecast – CNBC Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election – CNBC Biden preparing to block Nippon’s US Steel takeover, Washington Post reports – Reuters Job openings fell more than expected in July in another sign of labor market […]
Stocks fall with safe haven assets in demand, growth concerns in focus – Sep 5
Today’s Market News Malaysia stock exchange wants to ease institutions’ hold on stocks Chinese fund manager asks staff to return excess pay from past five years, sources say Foreigners retreat from Asian equities on doubt over tech valuations India’s steel ministry backs industry’s demand to raise tariffs Asia market summary The Philippines, Thailand, Taiwan – […]
US stock quick picks – Sep 4
Stock Market News Volkswagen warns of plant closures in Germany, citing ‘extremely tense’ situation – CNBC Vaxcyte’s shares jump on ‘promising’ early data on pneumococcal vaccine – Reuters Tesla’s China sales have best month of the year in August – Reuters Boeing’s cash flow goal to be delayed, says Wells Fargo as it downgrades stock – Reuters Weak manufacturing […]
Stocks stumble as growth worries resurface, tech shine dims- Sep 4
Today’s Market News Indian shares halt record rally as investors await key US data Oil slumps about 5% as end to Libyan dispute in sight Equities sell off sharply, Treasury yields drop with economic data in focus China’s Hygreen Energy, partners to invest $2.2 bln in Spanish green hydrogen projects Summary Asia stocks fall, Nikkei […]
US stock markets – Sep 3
Today’s Economic Calendar 09:45 AM PMI Manufacturing Final 10:00 AM ISM Manufacturing Index 10:00 AM Construction Spending 11:00 AM Treasury Buyback Announcement Trends to Watch Plummeting: Ethereum layer-1 network revenue collapses — What’s causing it? (Cointelegraph) Meeting Time: Elliott now owns enough of Southwest Airlines to call special meeting (Reuters) Another Reason to Invest: How do you feel about the […]
Asia morning markets – Sep 3
Market Summary European stocks and U.S. futures slip Payrolls data could decide size of Fed rate cut Dollar dips and euro rises September traditionally a weak month Equities Share markets fell slightly on Monday as investors braced for a data-packed week culminating in the NFP that could decide whether a rate cut this month will […]
The week ahead – Sep 2
The US stock markets are closed today September 2 for labour day. NFP Things come to a head on Friday, which will see the release of the August nonfarm payrolls report. Let’s get you a head with what’s ahead for this week: Earnings Earnings spotlight: Tuesday, September 3 – Zscaler (ZS), GitLab (GTLB), and […]
Fed seem poised for September rate cut as inflation cools – Sep 2
For more Asian market news, click here. Asia morning market news Investors in Asia kick off the new trading month on the front foot, optimistic about a U.S. ‘soft landing’ and dovish Fed outlook, which should help boost risk appetite and the appeal of emerging market assets. The recent slide in the dollar, falling U.S. bond yields […]
Stocks ease past Nvidia blues, crude oil rebounds – Aug 30
Today’s Market News China’s central bank buys government bonds, stirs intervention talk EV tariffs could hurt European companies and industry, Polestar CFO says As it reins in wasteful investment, China frets over growth Moody’s raises India’s growth forecasts, Fitch affirms rating Asian firms’ earnings outlook improves as chip sector shines Key developments on Friday: Japan […]
