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 […]
US stock quick picks – Nov 25
Notables Notable Earnings Today: Zoom Video Communications (Nasdaq: ZM), Bath & Body Works (NYSE: BBWI), Fluence (Nasdaq: FLNC), Agilent Technologies (NYSE: A), Woodward (Nasdaq: WWD), Semtech (Nasdaq: SMTC), Leslie’s (Nasdaq: LESL), Agora (Nasdaq: API), Blue Bird (Nasdaq: BLBD), BioLine RX (Nasdaq: BLRX), Central Garden (Nasdaq: CENT), Diana Shipping (NYSE: DSX), Hesai Group (Nasdaq: HSAI), PennantPark Investment […]
US stocks and global markets – Nov 21
Notables Notable Earnings Today: Deere & Company (NYSE: DE), Intuit (Nasdaq: INTU), Gap (NYSE: GAP), BJ’s Wholesale (NYSE: BJ), Ross Stores (Nasdaq: ROST), Warner Music Group (Nasdaq: WMG), Vestis (NYSE: VSTS), Elastic (NYSE: ESTC), Copart (Nasdaq: CPRT), UGI Corp (NYSE: UGI), Shoe Carnival (Nasdaq: SCVL), KE Holdings (NYSE: BEKE), Atkore International (NYSE: ATKR), Baidu (Nasdaq: BIDU), […]
Stocks lose ground, lukewarm Nvidia results – Nov 21
Today’s Market News Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll China’s cashed-up crowd is back in the stock market How far could the Bank of Japan raise interest rates? Benchmark S&P 500 ends flat U.S. dollar rises Crude prices settle lower Bitcoin hits new record high Key […]
US stock quick picks – Nov 20
Notables Notable Earnings Today: Nvidia (Nasdaq: NVDA), Nio (NYSE: NIO), Target (NYSE: TGT), Snowflake (NYSE: SNOW), Palo Alto Networks (Nasdaq: PANW), TJX Companies (NYSE: TJX), Jack In The Box (Nasdaq: JACK), Wix.com (Nasdaq: WIX), Copa Holdings (NYSE: CPA), Dycom (NYSE: DY), Sociedad Quimica y Minera (NYSE: SQM), Berry Global (NYSE: BERY), Global-E Online (Nasdaw: GLBE), ATRene […]
Asian shares cautious before NVDA result, dollar gives back gains – Nov 20
Today’s Market News Brazilian, Indian leaders discuss expanding energy, pharmaceutical trade India’s Mamaearth parent loses $415 mln in market value as Q2 loss fans demand worries Japan’s Norinchukin eyes investment, posts $3.1 bn loss after sovereign debt sales China expected to leave benchmark lending rates unchanged on Wednesday Investors reload rate hike bets in Japan […]
