Stocks hit record for second day, yields dip after Fed cut – Nov 8
Today’s Market News Stocks hit record for second day, yields steady after Fed cut Why Trump tariffs pose a bigger threat to China’s economy this time Trump’s tariff threats push Taiwan to help firms move production from China Key developments to markets on Friday: Taiwan trade (October) Japan household spending (September) China NPC Standing Committee […]
Bracing for higher US yields, dollar, inflation Nov 7
Today’s Market News Dollar soars, euro tumbles as Trump wins US presidential election Oil settles lower as US dollar surges, investors take stock of Trump victory India’s Jindal Steel’s profit falls on subdued demand, lower prices Why China’s economy is more vulnerable to Trump tariffs this time Japan’s JFE cuts annual profit forecast on slow […]
Dollar, stocks slip before tight US election; government yields drop – Nov 5
Today’s Market News Pakistan central bank cuts rates by record 250 bp, beating expectations Bata India misses Q2 profit view as inflation dampens demand India’s Gland Pharma posts Q2 profit drop hurt by Europe business Engineering firm ABB India posts bigger Q3 profit on electrification demand Oil jumps nearly 3% after OPEC+ delays output hike, […]
Bond vigilantes flex muscles, tech tonic still fizzing -Nov 1
Today’s Market News TotalEnergies CEO says up to $2 billion stuck in Russia Huawei Technologies reports 13.7% drop in 9-mth profit Global economy set to cruise at a solid 3% growth rate next year, Reuters poll finds Riding growth wave, most Asian central banks to go slower than Fed on rate cuts: Reuters poll China’s […]
Stocks gain, oil falls 6%; big tech-related earnings on tap this week – Oct 29
Today’s Market News India’s LIC Housing Finance tops Q2 profit view on steady home loan demand India’s JSW Infra reports highest-ever quarterly profit on strong cargo growth Sinopec’s Q3 earnings fall 52.1% on lower oil prices, refining margins India’s Arvind Fashions posts higher Q2 profit on demand for premium brands Key developments on Tuesday: Japan […]
Japan election shockwaves kick off critical week – Oct 28
Today’s Market News Japan’s Nikkei and yen set to lurch on political uncertainty China’s Sept industrial profits post steepest fall of the year China-led AIIB head criticizes advanced nations for trade barriers India Yes Bank’s Q2 profit jumps on strong lending income, lower provisions China’s market rollercoaster claims another fund Key developments on Monday: Fallout […]
Markets becalmed, eyes on Japan – Oct 25
Today’s Market News Bank of Japan cautiously upbeat on US outlook, warns of jittery markets Most Asian central banks have room to cut rates, IMF official says IMF calls on Bank of Japan to hike interest rates at ‘gradual’ pace India’s ITC misses profit estimates on higher costs, subdued demand Key developments on Friday: Tokyo […]
S&P 500, Nasdaq lose steam, Dow nabs closing record, gold all-time high – Oct 18
Today’s Market News IMF’s Georgieva says China can no longer rely on exports for growth India’s CEAT misses Q2 profit estimates on high raw material prices, weak demand Big central banks are firmly in rate-cut mode Japan’s exports fall for first time in 10 months on China, US slowdown Key developments on Friday: China GDP […]
Inflation cools, TSMC offers AI weather vane Oct 17
Today’s Market News China’s economy set to grow 4.8% in 2024, missing target: Reuters poll Chinese finance professionals switch careers as industry crackdown dims prospects Japan visitors spent $39 billion through September, breaking annual record Japan premier Ishiba vows big spending, drifts away from fiscal restraint Key developments on Thursday: Australia unemployment (September) Japan trade […]
Tokyo reopens to S&P 500 record, yuan down Oct 15
Tokyo reopens to S&P 500 record, yuan dow Today’s Market News China’s exports miss forecasts as lone bright spot fades Food pushes India’s retail inflation to nine-month high in September China’s stimulus promises bring property sector hope, rather than confidence Singapore keeps monetary policy steady as Q3 growth picks up; analysts bet on Jan easing […]
