US stock quick picks – Oct 10
Today’s Markets In Asia, Japan +0.3%. Hong Kong +3%. China +1.3%. India +0.2%. In Europe, at midday, London -0.1%. Paris -0.1%. Frankfurt flat. Futures at 6:30, Dow -0.1%. S&P -0.2%. Nasdaq -0.2%. Crude +1.6% to $74.44. Gold +0.3% to $2,633.50. Bitcoin -1.7% to $61,032. Ten-year Treasury Yield +1 bp to 4.08%. Today’s Economic Calendar 8:30 AM Initial Jobless Claims 8:30 AM Consumer Price Index 9:15 AM Fed’s Cook: “Entrepreneurship and Innovation” 10:30 AM EIA Natural Gas Inventory 10:30 […]
Chinese stocks climb; dollar steady before US inflation test – Oct 10
Today’s Market News China’s stock rally hits speed bump as investors await more stimulus India cenbank holds rates, shifts stance to ‘neutral’ signalling rate cuts ahead Foreign money is leaving Asian equities ex-China this month, LSEG data shows Equities Asian stocks lift on Thursday from Chinese stocks as PBOC kicked off 500 billion yuan facility […]
US stock quick picks – Oct 9
Q3 2024 Earnings Season Set To Kick Into High Gear On Thursday, With Cautious Outlooks in Focus We do it four times a year, but it never loses its novelty — earnings season is finally upon us. Investors took the S&P 500 on a rocky ride in the third quarter, but the index still eked […]
Investors read Fed tea leaves, shrug off China stimulus – Oct 9
Today’s Market News Japan trusts BOJ on monetary policy, economy minister says Fall in Japan’s real wages, spending likely just minor bump for further BOJ hikes China stock rally fizzles as stimulus optimism fades Dollar steadied by focus on Fed path, China, Middle East Key developments on Wednesday: Taiwan CPI (Sept) Reserve Bank of India […]
Mid East conflict keeps markets nervous ahead of China’s reopening – Oct 8
Key developments on Tuesday: Australia consumer sentiment (Oct) Japan Tankan manufacturing and service indexes (Oct) Taiwan trade balance (Sept) Fixed Income 10-year U.S. Treasury yield held above 4% in early Asia trade, as a robust U.S. labour market prompted traders to heavily scale back their expectations for Federal Reserve rate cuts. Equities MSCI’s broadest index of […]
US stock quick picks – Oct 7
Notables Notable Earnings Today: The Duckhorn Portfolio (NYSE: NAPA). Notable IPOs Today: SilverBox Corp IV (NYSE: SBXD). Notable Equity Crowdfunding Campaigns Ending Today: LUWI (StartEngine), HapTech Holdings (Wefunder). Notable Economic Events Today: Consumer Credit (3:00 p.m. ET). Trends to Watch Going Green: Big Oil Urges Trump Not to Gut Biden’s Climate Law (Wall Street Journal) Huge Step: New Ethereum proposal […]
Japan leads Asia stock rally, USD gains after NFP blowout
Today’s Market News China-focused hedge funds post explosive September returns Philippine inflation to settle around 3.2% in 2024, finance minister says BOJ’s rate hike plans face political curve ball VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU Key developments on Monday: Thailand inflation (September) China FX reserves (September) Japan […]
Stocks edge lower as Middle East conflict pushes oil higher – Oct 4
Today’s Market News India, US to cooperate on critical battery minerals, trade minister says India aims to double edible oil output to trim reliance on imports Sri Lanka to move forward with third review of near $3 bln IMF bailout Swiggy gets shareholder nod to use provision to upsize IPO fresh issue, sources say Hong […]
Duplicated: US stock quick picks – Sep 4 – [#2589]
Stock Market News Tesla stock slips after it reports 462,890 total deliveries during the third quarter – CNBC Conagra Brands’ first-quarter sales miss on weak demand – Reuters OpenAI closes $6.6 billion funding haul at valuation of $157 billion with investment from Microsoft and Nvidia – Reuters Toyota to invest $500 million in electric air taxi company Joby […]
Indexes steady, oil rises with Middle East hostilities, JPY rattled – Oct 3
Today’s Market News Futures in Japan face hangover from BOJ’s bond-buying binge Exuberant iron ore, subdued copper show different sides of China stimulus: Russell Stock indexes steady, oil rises as wary investors eye Middle East hostilities Key developments on Thursday: Australia trade (August) Japan, Australia, Singapore PMIs (September) Hong Kong retail sales (August) Fixed Income […]
