Asia shares rally on US inflation relief – Dec 23
Summary Central banks lowered rates in 2024 after inflation battle Voters punished incumbents amid cost of living crisis Uncertainty looms with potential Trump tariffs and global conflicts Nikkei gains 0.7%, S&P futures firm 0.3% Futures imply 53% chance of March Fed rate cut Dollar remains strong on high bond yield Index Last Change % Change […]
Asian shares pinned near three-month lows, dollar towers at 2-yr peak- Dec 20
Today’s Market News Big year of central bank easing wraps up with dovish BoE, Fed caution Rupee falls below 85/USD as Fed’s hawkish shift rattles Asian currencies Fed’s hawkish tilt has emerging markets scurrying to save currencies Key developments that could provide more direction to markets on Friday: China interest rate decision Japan CPI inflation […]
US stock quick picks – Dec 19
Notables Notable Earnings Today: Nike (NYSE: NKE), FedEx (NYSE: FDX), Accenture (NYSE: ACN), Darden Restaurants (NYSE: DRI), Cintas (Nasdaq: CTAS), FactSet (NYSE: FDS), Mission Produce (Nasdaq: AVO), Paychex (Nasdaq: PAYX), Conagra (NYSE: CAG), CarMax (NYSE: KMX), Lamb Weston (NYSE: LW), Blackberry (NYSE: BB), FuelCell Energy (Nasdaq: FCEL), Scholastic (Nasdaq: SCHL). Notable IPOs Today: Youxin Technology Ltd Class […]
Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited – Dec 19
Today’s Market News BOJ meets for final rate review this year as Trump risk clouds outlook India re-examining record Nov gold imports, sources say Hong Kong approves four more cryptocurrency exchanges India’s net direct tax collection rises over 16% y/y in April-December Indonesia cenbank to buy more govt debt in 2025 in deal over maturing […]
US stock quick picks – Dec 18
Notables Notable Earnings Today: Micron Technology (Nasdaq: MU), General Mills (NYSE: GIS), Lennar (NYSE: LEN), ABM Industries (NYSE: ABM), Birkenstock Holding (NYSE: BIRK), MillerKnoll (Nasdaq: MLKN), Toro (NYSE: TTC), Worthington Steel (NYSE: WS), Jabil (NYSE: JBL), Steelcase (NYSE: SCS), Enerpac Tool Group (NYSE: EPAC), OrganiGram Holdings (Nasdaq: OGI). Notable IPOs Today: YSX Tech. Co., Ltd Class A […]
Dollar strong ahead of FOMC, Japan auto shares surge on Honda-Nissan news – Dec 18
Today’s Market News Indian finance minister says Q2 growth slowdown a ‘blip’, higher growth coming Don’t expect ‘Korea discount’ to disappear-Raychaudhuri Hong Kong’s Sept-Nov unemployment holds steady at 3.1% The $80 million question: Can bond reward force Sri Lanka to improve governance? Exclusive: China plans record budget deficit of 4% of GDP in 2025, say […]
US Stock markets – Dec 17
Notables Notable Earnings Today: HEICO (NYSE: HEI), Worthington Enterprises (NYSE: WOR), Amentum (NYSE: AMTM), REE Automotive (Nasdaq: REE). Notable IPOs Today: N/A. Notable Equity Crowdfunding Campaigns Ending Today: N/A. Notable Economic Events Today: Retail Sales / Core Retail Sales (8:30 a.m. ET), Industrial Production (9:15 a.m. ET), Business Inventories (10:00 a.m. ET), Retail Inventories Excluding Autos (10:00 a.m. E), […]
Asian shares drift, dollar firms ahead of central bank meets – Dec 17
Today’s Market News Exclusive: Shein weighs sale of less than 10% of company in London IPO, sources say Surge in gold imports pushes India’s Nov trade deficit to record levels China’s Jan-Nov government land sales revenue falls 22.4% y/y China’s fiscal revenue falls 0.6% in January-November China to boost direct fiscal support to consumers […]
Asia wary of Fed rate future, China data disappoints – Dec 16
Today’s Market News China has room to cut RRR further, PBOC official says China’s ‘whitelist’ projects get $495 bln loans by end-Nov China’s CATL offers suppliers financial support to drive battery innovation Geely, Baidu pledge to solve payroll issues facing EV venture Exclusive: Aviva’s India officials approved brokerage model queried by taxmen Asian stock markets […]
Global equities retreat after ECB cuts rates; gold, oil fall – Dec 13
Today’s Market News China pledges more debt, rate cuts as Trump tariff threats loom India’s Tata Motors to hike commercial vehicle prices by up to 2% from January Accel-backed Bluestone Jewellery eyes $1.4 bln valuation in India IPO, sources say VIEW India’s retail inflation in November eases to 5.48% Sino-Ocean bondholders submit counter restructuring proposal […]
