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Daily News – 1Feb’24

1.Stocks Slip, Treasuries Cool After Fed Pushback: Markets Wrap (Bloomberg) — Asian stocks fell while Treasuries steadied after Wall Street slumped the most since September amid disappointing earnings reports and the Federal Reserve pushing back on interest rate cut expectations. Speaking after the January Fed decision, Chair Jerome Powell said he doesn’t think it’s likely […]

Daily News – 29th Jan’24

1. Oil Climbs After Separate Attacks Escalate Middle East Tensions (Bloomberg) — Oil rose after separate attacks by Iran-backed militants that killed US troops in Jordan and hit a fuel tanker in the Red Sea, a marked escalation of tensions in the Middle East. The White House said Iranian-backed militants killed three service members and […]

Daily News – 26Jan’24

1.Asia Opens Lower with China Stock Rally at Risk: Markets Wrap(Bloomberg) — Asian shares fell Friday morning, with Chinese stocks potentially set to drop as optimism over rescue measures fades. Japanese indexes opened lower, while futures for equities in Hong Kong fell. A gauge of US-listed Chinese companies slipped amid declines for Baidu Inc., Yum […]

Daily News – 25Jan’24

1.China Stocks Poised to Extend Rally into Third Day: Markets Wrap(Bloomberg) — China-related stocks are poised to extend a two-day rally after policy makers announced further measures to support the economy. US tech shares gained ahead of closely watched earnings reports. Futures for benchmarks in Hong Kong and China pointed to gains and a gauge […]

Daily News – 24th Jan’24

1.Japan Stocks Fall on Hawkish BOJ; Eyes on China: Markets Wrap (Bloomberg) — Japanese government bonds tumbled, and stocks fell on the central bank governor’s hawkish tone. Equities across the rest of Asia were mixed, with Hong Kong extending gains. Japan’s 10-year sovereign yield climbed by the most since December as Governor Kazuo Ueda said […]