Fed seem poised for September rate cut as inflation cools – Sep 2
For more Asian market news, click here. Asia morning market news Investors in Asia kick off the new trading month on the front foot, optimistic about a U.S. ‘soft landing’ and dovish Fed outlook, which should help boost risk appetite and the appeal of emerging market assets. The recent slide in the dollar, falling U.S. bond yields […]
Stocks ease past Nvidia blues, crude oil rebounds – Aug 30
Today’s Market News China’s central bank buys government bonds, stirs intervention talk EV tariffs could hurt European companies and industry, Polestar CFO says As it reins in wasteful investment, China frets over growth Moody’s raises India’s growth forecasts, Fitch affirms rating Asian firms’ earnings outlook improves as chip sector shines Key developments on Friday: Japan […]
Buffett offloads Bank of America shares worth $982 mln in latest sale- Aug 29
Stock Market News AI giant Nvidia delivers strong earnings but fails to satisfy growth-hungry investors – New York Post Billionaire investor Buffett offloads Bank of America shares worth $982 mln in latest sale – Reuters Xpeng releases mass-market EV with basic driver-assist for less than $20,000 – CNBC Consumer confidence reaches six-month high, but labor market worries rise […]
Asian shares track Wall Street futures lower as Nvidia disappoints – Aug 29
Today’s Market News Stocks fall, Nvidia down 3% after the bell despite strong earnings Rupee holds above record low, supported by state-run banks’ dollar sales China’s CNOOC posts record interim profit on robust output growth Food delivery giant Meituan defies China consumer pullback with revenue beat Gold falls on firmer dollar as US data takes […]
US stock quick picks -Aug 28
Trends to Watch Optimism: Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally (CoinDesk) Price Cut: Lilly launches lower-price weight loss drug without injector pen (CNN) Closures: Shake Shack to close 9 underperforming locations (MarketWatch) Tough Day: Why is the crypto market down today? (Cointelegraph) Big Day: Nvidia results could spur record $300 billion swing in shares, […]
Market trends – Aug 27
Stock Market News Apple announces iPhone event for Sept. 9 – CNBC IBM to close China R&D department, affecting over 1,000 jobs, Yicai reports – Reuters Oil climbs on Mideast escalation fears, US rate cut expectations – Reuters 10-year Treasury yield steadies after Powell boosts expectations of Fed rate cut – CNBC Paramount stock edges up as Bronfman […]
Morning Bid: Tiptoeing nervously along US rate path – Aug 27
World markets are entering a period of nervous uncertainty as investors try to determine whether upcoming U.S. interest rate cuts will be benign and in tandem with a ‘soft landing’, or mitigation against a more damaging economic downturn. Asian markets leaned towards the former on Monday and traded positively. But risk appetite steadily whittled away as the day […]
US stock quick picks -Aug 26
Stock Market News Fed Chair Powell indicates interest rate cuts ahead – ‘The time has come for policy to adjust’ – CNBC Meta cancels plans for high-end mixed-reality headset, the Information reports – Reuters Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports – Reuters China’s robot makers chase Tesla to deliver humanoid […]
Stocks rise, bond yields drop on soft US PPI data – 14 Aug – [#2439]
Asia investors will digest the near certainty of a September loosening of U.S. monetary policy on Monday after a speech by U.S. Federal Reserve Chair Jerome Powell on Friday confirmed that the United States is ready to begin cutting interest rates. At his keynote speech to the Kansas City Fed’s annual economic conference in Jackson Hole, Wyoming, Powell said […]
US euqities, ex-dividend stocks – coming week
Ex-Dividends Stocks Tractor Supply Co. (TSCO) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company’s next dividend payment will be $1.1 per share. It has fixed August 26 as the record date for the same and will pay […]
