Thu, March 28, 2024

Asian countries

U.S. economy and Labor Department

Nikkei Peaks, CSI Gains Amid Global Economic Tensions

Quick Look Asia’s markets open with mixed expectations amid key economic data anticipation. Japan’s Nikkei 225 Index hits a historic peak, reflecting strong investor confidence. China’s CSI 300 Index extends gains, while South Korea’s Kospi faces setbacks. Global trade policies, including Trump’s tariff proposals, pose potential challenges. Upcoming trade meetings in Abu Dhabi to discuss …

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Ahead Of The US CPI Release, The Dollar Rises On High Yields

US Dollar Dips Below 104, PMIs & Fed’s View in Focus

Quick Look The US Dollar dips below 104.00 as risk sentiment improves, influenced by optimistic market events. Upcoming PMIs across major economies set to impact market dynamics. Federal Reserve’s January meeting minutes caution against premature policy easing. Currency movements see EUR/USD and GBP/USD gains, with notable shifts in commodity currencies. Market eyes on Nvidia’s earnings …

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Stocks in Asia-Pacific

Tech Leads: Nvidia’s $277B Surge & Market Highs

Quick Look Dow Jones and S&P 500 futures show modest gains, while Nasdaq 100 futures hold steady. After-hours trading sees Block and Carvana stocks soar thanks to robust quarterly performances. Nvidia’s rally leads to a significant market upturn, with major indices marking their best sessions in months. Warner Bros Discovery and Bloomin’ Brands are among …

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Xeodis Review

Xeodis Review

Revue du courtier Xeodis In the digital age, where the boundaries of global finance are ever-expanding, the choice of a brokerage can redefine the trading experience. Our Xeodis review explores a beacon for traders, blending unparalleled access to worldwide markets with a fortress of security features. Furthermore, the platform isn’t just a tool; it’s a …

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Hong Kong and tech companies

Hong Kong’s $27M Investment Scheme Targets Global Wealth

Quick Look Hong Kong introduces a revised Capital Investment Entrant Scheme (CIES). It is targeting individuals, with a minimum investment threshold set at HK$27 million. The scheme aims to reinforce Hong Kong’s status as Asia’s leading financial hub. Leveraging the fast-growing wealth in the Greater Bay Area (GBA). Over 9,000 businesses with overseas/China parent companies …

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Stocks on April 6

Markets Wobble: Nasdaq Dips 0.2%, Tech Tumbles

Quick Look Nasdaq 100 futures dipped by 0.2%, signalling a cautious market sentiment. Significant after-hours movements: Palo Alto Networks plummets by 20%, SolarEdge Technologies falls by over 10%. Nvidia’s 4% slump raises concerns over tech sector valuations. Anticipation for the Federal Reserve’s January meeting minutes and a lineup of earnings announcements. Asian markets show mixed …

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Stock market rally expands

Market Volatility Alert: Economic and Earnings Focus

Quick Look S&P 500 futures down 0.33%, indicating a cautious start to the trading week. Concerns over higher-than-expected wholesale prices and CPI data affecting market sentiment. Federal Reserve’s stance on interest rates eyed closely amid inflation worries. Key corporate earnings reports from Home Depot, Walmart, and Palo Alto Networks anticipated. Global markets respond to China’s …

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Dollar surged forward

Global Currency Shifts: Dollar Inflation & Yen’s 6% Dive

Quick Look U.S. inflation remains persistent, complicating the Federal Reserve’s easing cycle timeline. The yen struggles around 150 per dollar, facing a significant yearly decline amidst speculation. The dollar index exhibits resilience, climbing 3% this year amid changing rate cut expectations. Economic indicators highlight ongoing inflationary pressures, with mixed signals from retail sales and jobless …

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Wibest – Oil: An aerial shot of oil inventories and a ship behind on nighttime.

Oil Prices Wobble: Inflation Fears & Geopolitical Sparks

Quick Look ICE Brent and NYMEX WTI futures opened lower in Asian trading amid inflation concerns and geopolitical events. US inflation figures dampen expectations for Federal Reserve rate cuts, with significant revisions to the rate cut outlook for 2024. There are divergent views on oil demand, with the IEA forecasting a slowdown and OPEC predicting …

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stock Markets and various factors

China’s Markets Rise & Pivot Amid Global Strains

Quick Look CSI 300 Index sees a 0.5% rise as markets reopen post-Lunar New Year, with tourism stocks up by 1.2%. People’s Bank of China holds the policy rate at 2.5%, signalling stability amidst economic recalibrations. Global markets exhibit mixed responses, highlighting the interplay of economic policies and geopolitical tensions. Thailand’s economy contracts, fueling rate …

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The U.S. current account deficit hit 14-year high in Q1

Divergent Global Recoveries: U.S. Thrives, Others Struggle

Quick Look Japan and the UK entered technical recessions with negative GDP growth for two consecutive quarters. Germany’s economy also reports consecutive quarterly declines in GDP. China’s economic slowdown, particularly in its property sectors, raises concerns. The U.S. economy showcases resilience with strong credit-driven consumption despite a decline in January retail sales. The global energy …

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Japan's Economy

Japan Slips to 4th in Global Economy, GDP Shrinks 0.4%

Quick Look Japan now ranks as the world’s fourth-largest economy, trailing behind Germany. The country’s GDP contracted in the last quarter of 2023, with an annual shrinkage of 0.4%. Economic growth slowed to 1.9% in 2023, with expectations of further deceleration to 0.5% in 2024. A weakening yen and decreased private consumption have significantly impacted …

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The Dollar Rises As Rising Inflation Signals Rate Hikes

Global Markets React to Economic Shifts & Data

Key Economic Updates Across the Global Markets The USD Index (DXY) ended Wednesday in the red, reversing Tuesday’s gains. UK GDP shrank by 0.2% annually in Q4, missing the expected 0.1% growth. Australian unemployment increased to 4.1% in January, with minimal job growth. Japan’s economy contracted by 0.1% in Q4, indicating a slowdown. US inflation …

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Defensive stocks vs cyclical stocks

Stock News: Dow Up 0.11%; Lyft Jumps 16%, Airbnb Falls 4%

Quick Look Dow Jones Industrial Average futures are up by 0.11%, with S&P 500 and Nasdaq 100 futures also in the green. Lyft shares surge over 16% after-hours on strong Q4 earnings, while Airbnb dips more than 4% despite revenue beat. The U.S. stock market faced significant declines in the previous session, with Dow Jones …

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