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 […]
US stock quick picks –
Stock Market News Big Lots files for bankruptcy, will sell assets to buyout firm as it blames high inflation – New York Post Goldman Sachs CEO says trading revenue is heading for a 10% slide in 3Q – Reuters Palantir soars 13% on software vendor’s inclusion in S&P 500 – CNBC Apple iPhone 16 event: Key announcements so […]
China trade could disrupt market calm – Sep 10
Today’s Market News Chinese stock exchanges add Alibaba into Stock Connect Scheme Taiwan exports hit record in August on AI, U.S. reaches record again Chinese car sales fall for fifth straight month Indian e-scooter maker Ather Energy files for $536 mln IPO, source says Rupee may dip on risk aversion; Fed uncertainty persists Key on […]
US stock quick picks – Sep 9
Today’s Markets In Asia, Japan -0.5%. Hong Kong -1.4%. China -1.1%. India +0.4%. In Europe, at midday, London +0.7%. Paris +0.7%. Frankfurt +0.7%. Futures at 7:00, Dow +0.7%. S&P +0.7%. Nasdaq +0.8%. Crude +0.9% to $68.30. Gold flat at $2,524.20. Bitcoin +1.4% to $55,373. Ten-year Treasury Yield +3 bps to 3.75%. Today’s Economic Calendar 10:00 AM Wholesale Inventories (Preliminary) 3:00 PM Consumer Credit What else is happening… SA Asks: Which defense stock is […]
Asia shares dragged by Wall St dive, bonds bullish – Sep 9
Today’s Market News Thailand’s PM Paetongtarn vows to stimulate the economy “right away” China’s central bank pauses gold purchases for a fourth month in August China FX reserves rise to highest level since 2015 in August Japan’s revised GDP likely rose in Q2 at same pace as initial estimate, Reuters poll shows Gold drops from […]
US Equities Week ahead – Sep 8
US Equities Week ahead Earnings Earnings spotlight: Monday, September 9 – Oracle (ORCL) and Rubrik (RBRK). See the full earnings calendar. Earnings spotlight: Tuesday, September 10 – GameStop (GME), Academy Sports and Outdoors (ASO), and Dave & Buster’s Entertainment (PLAY). See the full earnings calendar. Earnings spotlight: Wednesday, September 11 – Manchester United (MANU), Oxford Industries (OXM), and Designer Brands […]
US stock quick picks – Sep 6
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 […]
