Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Mixed In Asia Gold: Gold prices held steady Friday after rising above $1,280 in Thursday’s session. Spot gold was steady at $1,283.56 oz by 0415 GMT, US gold futures for June were down 0.2% at 1,283.10. Gold has found a […]

Shanghai: SSE Composite Index (.SSEC) declined as investors worried about the ongoing trade tensions between the United States and China

Shanghai: SSE Composite Index (.SSEC) declined as investors worried about the ongoing trade tensions between the United States and China

Shanghai: SSE Composite Index (.SSEC) declined as investors worried about the ongoing trade tensions between the United States and China Asia markets declined on Thursday as investors worried about the ongoing trade tensions between the United States and China. Mainland Chinese shares slipped on the day, as the Shanghai composite declined 1.36% to about 2,852.52 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Up, Crude Oil Down, Stocks Down Notes: Investors bet most Asian currencies will come under further pressure, a Reuters poll showed, with trade tensions between the United States and China firmly dominating headlines once again. US Crude Oil inventories rose last week, hitting their […]

Shanghai: SSE Composite Index (.SSEC) trade worries intensify

Shanghai: SSE Composite Index (.SSEC) trade worries intensify

Shanghai: SSE Composite Index (.SSEC) trade worries intensify China’s major stock indexes fell on Wednesday, as trade worries intensified following a report that the United States could blacklist another Chinese tech firm after banning Huawei Technologies last week. The blue-chip CSI300 index fell 0.5%, to 3,649.38, while the Shanghai Composite Index also ended down 0.5% […]

US Set to ‘Blacklist’ 5 Chinese Firms

US Set to ‘Blacklist’ 5 Chinese Firms

$CNY, $INTC, $QCOM The Trump Administration is considering cutting off the flow of vital American technology to 5 Chinese companies including Hangzhou Hikvision Digital Technology Co., widening the dragnet beyond Huawei to include world leaders in video surveillance. The US is deliberating whether to add Hikvision, Zhejiang Dahua Technology Co. and several unidentified others to […]

China Struggling to Grasp President Trump’s End Game

China Struggling to Grasp President Trump’s End Game

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Note: The Mins from the May FOMC meeting showed that policymakers are comfortable with the current fed funds rate range while “a number of participants” saw a moderation in risk and uncertainties surrounding their outlooks for the year. The Key takeaway is that the stock market has a reasonable […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Up, Crude Oil Down, Stocks Down Notes: Gold is now more than 5% below its late-February 2019 high at $1,346.73 oz. Investors await the release of the Fed’s mins at 1800 GMT, which is expected to provide insights into the 1 May meeting by […]

China is the World’s Largest Consumer of Gold, Here is Why

China is the World’s Largest Consumer of Gold, Here is Why

$XAU, $GLD, $CME, $USD Gold has long enjoyed deep cultural significance in China, which holds the title for being both the world’s largest gold consumer and its largest producer. Demand for the yellow metal in China looks like it will continue to rise, driven by a combination of increasing levels of wealth, global economic uncertainty […]

Shanghai: SSE Composite Index (.SSEC) move lower could end this year’s bull market

Shanghai: SSE Composite Index (.SSEC) move lower could end this year’s bull market

Shanghai: SSE Composite Index (.SSEC) move lower could end this year’s bull market Just 34 points stand between a recovery in China’s stocks and the end of the bull market, according to chart watchers. The Shanghai Composite Index has twice tested the upper band of a key support channel this month in intraday trading, at […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Up, Crude Oil Up, Stocks Up Notes: President Trump Monday threatened Iran with “great force” if it attacked US interests in the Middle East. This came after a rocket attack in Iraq’s capital Baghdad, which Washington suspects to have been organized by militia with […]

US Not Likely to Suffer Big Damage From China Trade Dispute

US Not Likely to Suffer Big Damage From China Trade Dispute

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Major averages traded lower on trade uncertainty, Several US companies suspend business operations with China’s Huawei Technologies, Semiconductor stocks underperform, drag the S&P 500 information technology sector and Nasdaq lower Trade tensions with China need to linger for an extended period to cause real damage to the United […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Unch, USD Up, Crude Oil Up, Stocks Up Notes: United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei earlier told reporters that producers were capable of filling any market gap and that relaxing supply cuts was not “the right decision.” President Trump Tweeted that a conflict […]

Shanghai: SSE Composite Index (.SSEC) snaps two-day losing streak

Shanghai: SSE Composite Index (.SSEC) snaps two-day losing streak

Shanghai: SSE Composite Index (.SSEC) snaps two-day losing streak There is a paradox in China’s world-beating stock rally this year: defensive plays are turning out to be the best performers. While Chinese stocks have technically been in bull market territory this year following a 20 per cent gain in the Shanghai Composite Index, safe bets […]

President Trump’s “China Tariffs Have Teeth”

President Trump’s “China Tariffs Have Teeth”

$HD Billionaire businessman Ken Langone said President Trump is “doing the right thing” by increasing tariffs on China.  “It’s got teeth,” the co-founder of Home Depot (NYSE:HD) said Thursday. “The only way you’re going to get somebody to a table for negotiations is when they have something to lose,” said Mr. Langone, also the founder of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Flat, USD Flat, Crude Oil Up, Stocks Mixed Notes: Long term prospects for EUR are not bright, given the region’s soft economic fundamentals. But the news on the auto tariff delay is helping the single currency establish support at $1.1200 Growth in China’s industrial output slowed […]

Stocks Made a Strong Move, Now Will it Hold?

Stocks Made a Strong Move, Now Will it Hold?

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: S&P 500, NAS Comp, and SOX rebounded to their 50-Day MAs. A strong price move, but the potential Head & Shoulders pattern has not been defeated yet. Stocks rebound from early losses following positive US trade headlines, President Trump expected to delay auto tariff decision by up to […]

Shanghai: SSE Composite Index (.SSEC) stocks gain

Shanghai: SSE Composite Index (.SSEC) stocks gain

Shanghai: SSE Composite Index (.SSEC) stocks gain Markets eased today as President Donald Trump called the US-China trade war “a little squabble” and tweeted that the deal would happen “much faster than people think.” The hope that China may boost the slowing economy with a fresh fiscal stimulus also pushed the markets up. China’s Shanghai Composite Index rose 1.91% […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Steady, Crude Oil Off, Stocks Up Notes: The FX (foreign exchange) market showed little reaction to worse-than-expected growth in Chinese industrial output and retail sales for April that underlined the need for Beijing to roll out more stimulus measures to support the world’s 2nd-largest […]

Shanghai: SSE Composite Index (.SSEC) shares fell as tensions between the United States and China intensified

Shanghai: SSE Composite Index (.SSEC) shares fell as tensions between the United States and China intensified

Shanghai: SSE Composite Index (.SSEC) shares fell as tensions between the United States and China intensified Shares in Asia were lower on Tuesday, a day after Beijing raised tariffs on some American goods in retaliation for Washington’s decision last week to increase duties on Chinese products. Mainland Chinese shares slipped on the day, with the […]

Record Number of Funds Buying Insurance Against Stocks Fall

Record Number of Funds Buying Insurance Against Stocks Fall

$DIA, $SPY, $QQQ, $RUTX, $VXX, $BAC, FLASH: Global investors’ equity allocations fell 6% in May and 34 % of fund managers have taken out protection against sharp stock market declines in coming months, Bank of America Merrill Lynch’s (NYSE:BAC) latest monthly survey found Tuesday. The proportion of investors preparing for equity falls is the highest […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

2$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Down Notes: President Trump increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods, and now targets $325-B more. Middle East focus: Saudi Arabia Monday said that 2 […]

The US-China Tariffs Up & Down

The US-China Tariffs Up & Down

Monday, China raised tariffs on a paltry $60-B of U.S. goods in retaliation for President Trump’s decision to increase tariffs on $200-B worth of Chinese imports last week, escalating the 10 month trade dispute between the world’s 2 largest economies. President Trump shook the world trade order by imposing unilateral tariffs to combat what he […]

US Stocks Sold Off Monday to De-risk Global Growth Concerns

US Stocks Sold Off Monday to De-risk Global Growth Concerns

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks sold off Monday, as trade tensions escalated after China retaliated with a tariff rate hike on US imports. The 2.4% drop in the S&P 500 in a broad-based effort to de-risk amid global growth concerns.  Stocks sold off as US-China trade tensions escalated, China increased its tariff rate […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

2$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Flat, Crude Oil Mixed, Stocks Down Notes: President Trump increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods, and now targets $325-B more. The UAE said Sunday that 4 commercial vessels were […]

President Trump is Feeding China a ‘Banquet of Bitter Fruit’

President Trump is Feeding China a ‘Banquet of Bitter Fruit’

FLASH: US and China at impasse over trade, Larry Kudlow says new tariffs will remain. The United States and China appeared at a deadlock over trade negotiations Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests. The trade dispute […]

China is “Cautiously Optimistic”on Trump Trade Talks Despite Tariffs’ Escalation

China is “Cautiously Optimistic”on Trump Trade Talks Despite Tariffs’ Escalation

China and the US have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as President Trump ordered his trade Chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced some optimism on reaching a deal, but said there were “issues of principle” on […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Firm, USD Down, Crude Oil Steady, Stocks Mixed Notes: President Trump has increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods 12:01a Friday, and targets $325-B more.. China Vice Premier Liu He is in […]

President Trump Has an Really Good “Alternative” to the China Trade Deal

President Trump Has an Really Good “Alternative” to the China Trade Deal

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street declines for 4th day running, finished near session highs President Trump firm on tariffs, driving concerns about the trade dispute with China The S&P 500 held its 50-Day MA at 2860 on the close The CBOE Volatility Index (VIX), Wall Street’s ‘fear factor’ closed well off session highs […]

Shanghai: SSE Composite Index (.SSEC) Chinese equities aren’t hanging around to see how the latest round of trade talks plays out

Shanghai: SSE Composite Index (.SSEC) Chinese equities aren’t hanging around to see how the latest round of trade talks plays out

Shanghai: SSE Composite Index (.SSEC) Chinese equities aren’t hanging around to see how the latest round of trade talks plays out Foreign investors in Chinese equities aren’t hanging around to see how the latest round of trade talks plays out. They’ve net sold an average 4.4 billion yuan ($646 million) of mainland shares a day […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Down, Crude Oil Down, Stocks Down Notes: And again, President Trump has increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a Friday, and targets $325-B more.. China wants the tariffs […]

Shanghai: SSE Composite Index (.SSEC) trade data for April, released Wednesday morning, showed exports missed expectations while imports saw a surprise gain

Shanghai: SSE Composite Index (.SSEC) trade data for April, released Wednesday morning, showed exports missed expectations while imports saw a surprise gain

Shanghai: SSE Composite Index (.SSEC) trade data for April, released Wednesday morning, showed exports missed expectations while imports saw a surprise gain Asia stocks declined Wednesday as investors digested ongoing developments in the U.S.-China trade negotiations, which sent stateside shares tumbling overnight. Mainland Chinese shares were lower on the day, with the Shanghai composite down […]

US-China Trade Talks “Have Not Broken Down”

US-China Trade Talks “Have Not Broken Down”

$SPY UPDATE: China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as President Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced a measured optimism on reaching a deal, but said there were […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

FLASH: Gold Firmed, USD Off, Crude Oil Up, Stocks Down Notes: Again, President Trump has increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a this Friday, and targets $325-B more.. China wants the tariffs to be lifted, while President Trump wants to […]

Shanghai: SSE Composite Index (.SSEC) mixed amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise

Shanghai: SSE Composite Index (.SSEC) mixed amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise

Shanghai: SSE Composite Index (.SSEC) mixed amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise Stocks in Asia were mixed on Tuesday amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise on Friday. The Chinese markets, which plunged more […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Up Notes: President Trump Sunday increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a this Friday, and targets $325-B more.. China wants the tariffs to be lifted, while President Trump wants to keep […]

President Trump Lowered Trade Boom on China and Zero Crude Oil Export Boom on Iran

President Trump Lowered Trade Boom on China and Zero Crude Oil Export Boom on Iran

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: DJIA tested to its 50-Day MA and bounced, as sellers were few and buyers came in and bought the dip. There was no fear in the market from the US-China issues and/or President Trump’s hammering of Iran. Savvy market participants see President Trump’s China goods tariff threat as a […]

Shanghai: SSE Composite Index (.SSEC) Trump turns up Trade pressure on China

Shanghai: SSE Composite Index (.SSEC) Trump turns up Trade pressure on China

Shanghai: SSE Composite Index (.SSEC) Trump turns up Trade pressure on China Chinese stocks tumbled along with the yuan as a pair of tweets by President Donald Trump undermined confidence in a trade agreement. The ChiNext Index of technology companies and small caps dropped the most since January 2016 as trading on mainland markets resumed after last […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Down Notes: President Trump Sunday increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods this Friday, and targets $325-B more soon. The President’s aggressive strategy drew bi-partisan support from US Senate Democratic leader […]

Shanghai: SSE Composite Index (.SSEC) expected to open lower

Shanghai: SSE Composite Index (.SSEC) expected to open lower

Shanghai: SSE Composite Index (.SSEC) expected to open lower Asian stock markets were lower while oil prices surged Monday following reports Washington wants to block Iranian exports. While India, Seoul and also Shanghai retreated Tokyo’s benchmark woke up. Sydney and hong Kong were closed for the holiday. Also this week, the USA reports home sales […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Off, Stocks Flat (May Day Holiday) Notes: Investors await US employment figures due later today, which is forecast to show 185,000 net new jobs were added in April and the unemployment rate steady at 3.8% Reflecting investor sentiment in gold, holdings of SPDR Gold Trust, the world’s largest […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Up, Crude Oil Off, Stocks Flat (May Day Holiday) Note: USD consolidated in Asia Thursday after recovering from a brief spill overnight when markets were whipsawed by mixed messages on policy from the Fed. There was little immediate reaction to a report the United States and China were nearing a trade […]

China Lowers Finance Barriers, Investors See Opportunity

China Lowers Finance Barriers, Investors See Opportunity

$GS, $BLK, $BX, $BABA China’s plan to open its $44-T financial sector to the world is drawing a positive reception from Top executives attending the Milken Institute Global Conference this week. The opening to foreign ownership of financial firms should be quickly beneficial to large US players, such as Goldman Sachs Group Inc., Blackstone Group […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Down, Crude Oil Off, Stocks Flat (May Day Holiday) Note: China and the United States began their latest talks in Beijing on Wednesday aimed at ending a bitter trade dispute, after US Treasury Secretary Steven Mnuchin said he had a “nice” working dinner the night before with China Vice Premier […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Down, Stocks Down Note: The quiet start to the week in global equity markets comes ahead of a 2-day meeting of the policy-setting FOMC. The committee is set to release its latest statement at 2:00p EDT (1800 GMT) Wednesday. We have now turned from sentiment where this […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Off, Stocks Up Note: We have now turned from sentiment where this stock rally was 1 where professionals did not take part in, to a fast paced entry where hedge funds and investors are chasing markets they have been betting against. While the strong US GDP data […]

China’s Leading User management SaaS provider and Interactive Advertising Platform Operator Duiba Group Announces Proposed Listing on the Main Board of Hong Kong Stock Exchange

China’s Leading User management SaaS provider and Interactive Advertising Platform Operator Duiba Group Announces Proposed Listing on the Main Board of Hong Kong Stock Exchange

China’s Leading User management SaaS provider and Interactive Advertising Platform Operator Duiba Group Announces Proposed Listing on the Main Board of Hong Kong Stock Exchange Duiba Group Limited (1753.HK), China’s leading user management SaaS provider for online businesses and pioneer of the interactive advertising platform operator, announced the proposed listing of its shares on the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Up, Crude Oil Off, Stocks Down Notes: China, the world’s biggest buyer of Iranian oil, this week formally complained to the United States over its unilateral Iran sanctions. Crude Oil output in the United States, which turned into the world’s Top producer last year, last week edged back to its […]

Shanghai: SSE Composite Index (.SSEC) stocks tumble amid stimulus concerns

Shanghai: SSE Composite Index (.SSEC) stocks tumble amid stimulus concerns

Shanghai: SSE Composite Index (.SSEC) stocks tumble amid stimulus concerns Stocks in China tumbled on Thursday amid worries that Beijing could pull back on stimulus measures following recent better-than-expected economic data. The Shanghai composite fell 2.43% to close at 3,123.83 and the Shenzhen component dropped about 3.21% to finish at around 9,907.62. The Shenzhen composite […]

Annual Report on Form 20-F for Fiscal Year 2018 of Aluminum Corporation of China Limited Now Available

Annual Report on Form 20-F for Fiscal Year 2018 of Aluminum Corporation of China Limited Now Available

Annual Report on Form 20-F for Fiscal Year 2018 of Aluminum Corporation of China Limited Now Available Aluminum Corporation of China Limited (the “Company”; NYSE “ACH”; SEHK “2600”; SSE “601600”) announces that the Company’s annual report for the 2018 fiscal year filed with the SEC on April 24, 2019 can be accessed via the following […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Lower, USD Up, Crude Oil Down, Stocks Down Notes: The International Energy Agency (IEA), a watchdog for Crude Oil consuming countries, said in a statement Tuesday that markets are “adequately supplied” and that “global spare production capacity remains at comfortable levels.” US Secretary of State Mike Pompeo announced “that as of May 2, […]

Larry Kudlow Cautiously Optimistic US-China Trade Deal Will Be Struck

Larry Kudlow Cautiously Optimistic US-China Trade Deal Will Be Struck

Larry Kudlow, the Top White House economic adviser said Tuesday the United States and China were making progress in trade negotiations and he is “cautiously optimistic” about the prospects for striking a deal. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning 30 April, the White House […]

Shanghai: SSE Composite Index (.SSEC) Change in Government Policy Pressuring Chinese Markets

Shanghai: SSE Composite Index (.SSEC) Change in Government Policy Pressuring Chinese Markets

Shanghai: SSE Composite Index (.SSEC) Change in Government Policy Pressuring Chinese Markets Mainland Chinese shares were lower for a second day on Tuesday as investors continued to react to a South China Morning Post report that Beijing could refocus on structural reforms instead of offering stimulus measures after last week’s first quarter GDP report showed […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Lower, USD Up, Crude Oil Up, Stocks Higher Notes: US Secretary of State Mike Pompeo announced “that as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian Crude or condensate.” US Treasury Secretary Steve Mnuchin told reporters trade negotiations between the […]

Beijing-based Luckin Coffee coming to America

Beijing-based Luckin Coffee coming to America

Beijing-based Luckin Coffee coming to America Starbucks big rival in China just announced plans to go public in the United States.Beijing-based Luckin Coffee said in a filing Monday night that it wants to sell shares on the Nasdaq as part of its ambitious expansion plans.Despite being barely 18 months old, Luckin has opened more than 2,300 outlets […]

Shanghai: SSE Composite Index (.SSEC) fell from a 13-month high posting their worst session in nearly four weeks

Shanghai: SSE Composite Index (.SSEC) fell from a 13-month high posting their worst session in nearly four weeks

Shanghai: SSE Composite Index (.SSEC) fell from a 13-month high posting their worst session in nearly four weeks China stocks fell from a 13-month high on Monday, posting their worst session in nearly four weeks, as comments from top policymaking bodies raised investor fears that Beijing will slow the pace of policy easing after some […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Down Notes: Following the Good Friday holiday, markets in Britain, Germany and France will remain closed for Easter Monday, while those in the United States will reopen. Brent and US Crude futures surged to 6-month highs on reports that US Secretary of State Mike Pompeo […]

Investors in China’s Stock Market Focus on PBoC Stimulus Measures

Investors in China’s Stock Market Focus on PBoC Stimulus Measures

$CNY China’s stock market investors are not quite ready to see Beijing scale back its efforts to support the economy. Stocks started the week lower after improving data prompted traders to pare back their bets for additional stimulus. The Shanghai Composite Index rallied Tuesday after the PBoC injected cash into the financial system, alleviating concerns […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Up Notes: US Crude Oil inventories fell by 3.1-M bbls in the week ended 12 April to 452.7-M, compared with analysts’ expectations for an increase of 1.7-M bbl, according to data from the American Petroleum Institute (API) released Tuesday. The Organization of the Petroleum Exporting […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Up Notes: The Organization of the Petroleum Exporting Countries and its allies including Russia, known as OPEC+, will meet in June to decide whether to continue withholding supply. That comes after they previously agreed to crimp output by 1.2-M BPD from 1 January for 6 months. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Eased, Crude Oil Down, Stocks Up Note: Again this week the world’s investors are focused on big bank earnings. Among positive catalysts in the market are a better-than- expected credit and export growth figures from China, a positive kick-off to the earnings season in the United States and hopes of […]

US-China Trade Trade Talks Coming to a Fruitful Close

US-China Trade Trade Talks Coming to a Fruitful Close

Saturday, US Treasury Secretary Steven Mnuchin said a US-China trade agreement would go “way beyond” prior efforts to open China’s markets to US companies and hoped that the 2 sides are “close to the final round” of negotiations. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary Fund and World Bank Spring […]

F1: Fast Ferraris (NYSE:RACE) at Shanghai

F1: Fast Ferraris (NYSE:RACE) at Shanghai

$RACE FLASH: Sebastian Vettel has priority at Ferrari in 50/50 situations, but that could change, team boss Mattia Binotto said at Shanghai Friday. The 4X F1 world champion has been The Scuderia’s #1 driver in recent years but new man Charles Leclerc, 21 anni, was quicker in Bahrain 2 weeks ago. Mr. Leclerc started on […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Flat, USD Down, Crude Oil Up, Stocks Down Note: This week the world’s investors are focused on big bank earnings. Comments from Fed Vice Chairman Richard Clarida that the U.S. economy is in a “good place” but reemphasizing the Fed’s patience on rate hikes, also helped to reassure investors Thursday ahead of […]

F1: Ferrari (NYSE:RACE) at the Shanghai Grand Prix FP1&2 Results

F1: Ferrari (NYSE:RACE) at the Shanghai Grand Prix FP1&2 Results

$RACE From the track FP1 & 2 results Chinese Formula One Grand Prix 2nd free practice times in Shanghai Friday, the Top 10, as follows: 1. Valtteri Bottas (FIN) MercedesAMG 2. Sebastian Vettel (GER) Ferrari 1:33.357, 3. Max Verstappen (NED) RedBull 1:33.551, 4. Lewis Hamilton (GBR) MercedesAMG 1:34.037, 5. Nico Hulkenberg (GER) Renault 1:34.096, 6. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Eased Note: This week the world’s investors are focused on geopolitical events and big bank earnings. President Trump threatened to impose tariffs on $11-B worth of European Union products, heightening tensions over a long-running transatlantic Airbus subsidy dispute. European Union leaders gave Britain six more months to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Firm,Stocks Eased Note: This week the world’s investors are focused on geopolitical events and big bank earnings, as the S&P 500 ends 8 day rally with a Fibo recap. Investors will also focus on a European Central Bank (ECB) meeting Wednesday. President Donald Trump threatened to impose […]

Shanghai: SSE Composite Index (.SSEC) investors seek more clarity in the US-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) investors seek more clarity in the US-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) investors seek more clarity in the US-China trade negotiations Chinese shares closed weaker on Monday, retreating from gains hit in the previous week, on profit-taking and as investors seek more clarity in the US-China trade negotiations, but hopes that Beijing’s policy will bolster growth curbed losses. At the close, the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: This week the world’s investors are focused on geopolitical events and big bank earnings as the S&P 500 continues to drive North Eastern forces Monday were advancing on the Libyan capital Tripoli in the latest of a cycle of warfare since Muammar Gaddafi’s fall in […]

Shanghai: SSE Composite Index (.SSEC) investors seeking more clarity in the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) investors seeking more clarity in the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) investors seeking more clarity in the U.S.-China trade negotiations Chinese shares closed weaker on Monday, retreating from gains hit in the previous week, on profit-taking and as investors seek more clarity in the U.S.-China trade negotiations, but hopes that Beijing’s policy will bolster growth curbed losses. At the close, the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: The world’s nvestors are now focused on geopolitical events and big bank earnings. In Asia Gold: Gold prices rose to a 1-week high Monday as USD edged lower, while investors awaited minutes of the Fed’s March FOMC meeting Wednesday. Spot gold gained about 0.4% […]

Investor Focus this Week: Geopolitical Events + Big Bank Earnings

Investor Focus this Week: Geopolitical  Events + Big Bank Earnings

$BAC, $C, $JPM, $MS, $WFC, $USD, $GBP, $JPY The Fed As the US yield curve is deciding whether to invert/not Invert, investors seek reassurance that we are in a era of non-inflationary growth, and focus on monthly price gauges this week. Wednesday, the US Labor Department is expected to report that its March Consumer Price […]

Shanghai: SSE Composite Index (.SSEC) coming back from a dismal 2018

Shanghai: SSE Composite Index (.SSEC) coming back from a dismal 2018

Shanghai: SSE Composite Index (.SSEC) coming back from a dismal 2018 China stocks are coming back from a dismal 2018, during which the biggest ETFs tracking Chinese equities lost between 11% and 36%. Worries about the country’s economy, as well as the U.S.-China trade war, were among chief reasons for the declines. But some of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Down, Crude Oil Down, Stocks Steady Note: Investors are now awaiting the US jobs numbers for more signals on the strength of the economy. Reuters reported Saudi Arabia is threatening to sell its Crude Oil in currencies other than USDs if Washington passes a bill exposing OPEC members to US […]

Shanghai: SSE Composite Index (.SSEC) U.S.-China trade talks intensify

Shanghai: SSE Composite Index (.SSEC) U.S.-China trade talks intensify

Shanghai: SSE Composite Index (.SSEC) U.S.-China trade talks intensify Stocks closed mostly higher Thursday, with the S&P 500 extending its win streak to a sixth session, as investors continued to monitor trade talks between the U.S. and China, which are reportedly in their final stretch. How did the benchmarks fare? The Dow Jones Industrial Average […]

President Trump, “I Will Only Accept ‘Great’ China Trade Deal”

President Trump, “I Will Only Accept ‘Great’ China Trade Deal”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 advances for 6th session running, closing on the high for the year There is positive sentiment on Wall Street about a trade deal in anticipation of President Trump’s meeting with Chinese Vice Premier Liu He after the close. There was also some speculation that President Trump could […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Mixed, Stocks Up Note: The Chinese RMB Yuan will hold its recent gains Vs USD, and likely make a move forward from current marks over the coming year, as optimism about a US-China trade deal offsets anxiety over weak domestic economic growth, a Reuters poll showed. In Asia […]

Shanghai: SSE Composite Index (.SSEC) renewed optimism in China’s economy takes hold as US trade deal looks all but certain

Shanghai: SSE Composite Index (.SSEC) renewed optimism in China’s economy takes hold as US trade deal looks all but certain

Shanghai: SSE Composite Index (.SSEC) renewed optimism in China’s economy takes hold as US trade deal looks all but certain More signs of improved business sentiment in China helped push the country’s main stock benchmark past its highest level since March of last year on Wednesday, as investors continue to warm to an optimistic view […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Down, Crude Oil Up, Stocks Up Note:  3 of 8 countries granted waivers by Washington to import Crude Oil from Iran have cut the imports to Zero, the improved global market conditions would help reduce Iranian exports further. UK  Prime Minister Theresa May said Tuesday she would seek another BREXIT […]

Shanghai: SSE Composite Index (.SSEC) Manufacturing Data Lifts Share Prices

Shanghai: SSE Composite Index (.SSEC) Manufacturing Data Lifts Share Prices

Shanghai: SSE Composite Index (.SSEC) Manufacturing Data Lifts Share Prices One of my favorite economic reports is produced by the Institute of Supply Management, a manufacturing trade organization. Its monthly survey of purchasing managers called the Purchasing Managers’ Index (PMI) is useful because it summarizes current activity and expectations among purchasers for the future. The PMI […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Note: China’s PMI number was the most significant monthly increase since Y 2012, which should ease concerns around a potential threat to Crude Oil demand. In Asia Gold: Gold prices declined to a more than 3-week lows Tuesday as waning global economic slowdown concerns lifted […]

Shanghai: SSE Composite Index (.SSEC) overall market sentiment has not yet reached an overheated level

Shanghai: SSE Composite Index (.SSEC) overall market sentiment has not yet reached an overheated level

Shanghai: SSE Composite Index (.SSEC) overall market sentiment has not yet reached an overheated level China’s brokerages are sounding the alarm about the nation’s supercharged stocks. Analysts either downgraded or issued sell ratings on 84 mainland-listed companies last month, the peak of China’s annual earnings season, according to data compiled by Bloomberg. That’s the highest […]

The S&P 500 Roars into April, No Foolin!

The S&P 500 Roars into April, No Foolin!

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The S&P 500 gaped open after better than expected China’s Manufacturing PMI (actual 50.5; expected 49.5; prior 49.2) and Non-Manufacturing PMI (actual 54.8; expected 54.5; prior 54.3) reinforced the idea that global economic activity is rebounding. The upbeat tone drove a rally in stocks with high-beta groups like the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: USD off 0.1% Vs Key rivals, after hitting its highest since 11 March Friday, while Asian stocks rallied as positive Chinese factory data and signs of progress in US-China trade talks supported sentiment. In Asia Gold: Gold prices up Monday as USD backed off […]

China Trade Talks, Earnings Optimism Driving US Stocks

China Trade Talks, Earnings Optimism Driving US Stocks

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: A US trade delegation, which included USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin, arrived in Beijing for a two-day meeting on Thursday. Reuters reported Wednesday evening that Chinese negotiators made “unprecedented” proposals on a range of issues including forced technology transfers. Despite the progress, the market continues to wait […]

Shanghai: SSE Composite Index (.SSEC) investors awaited a resumption of trade talks between the U.S. and China

Shanghai: SSE Composite Index (.SSEC) investors awaited a resumption of trade talks between the U.S. and China

Shanghai: SSE Composite Index (.SSEC) investors awaited a resumption of trade talks between the U.S. and China Asian shares were mostly lower on Thursday following a decline on Wall Street, as investors awaited a resumption of trade talks between the U.S. and China. Japan’s Nikkei 225 lost 1.6 per cent to 21,033.76 and the Shanghai […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Flat, USD Up, Crude Oil Down, Stocks Flat Note: China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the 2 sides work to overcome remaining obstacles to a deal to end their trade dispute, US officials said Wednesday. In Asia Gold: […]

Shanghai: SSE Composite Index (.SSEC) traders seek haven in consumer, health-care stocks amid weak economic data

Shanghai: SSE Composite Index (.SSEC) traders seek haven in consumer, health-care stocks amid weak economic data

Shanghai: SSE Composite Index (.SSEC) traders seek haven in consumer, health-care stocks amid weak economic data China stocks closed higher on Wednesday following two straight sessions of losses, as a rebound on Wall Street aided sentiment, while weak industrial profit data fuelled hopes for more stimulus. The blue-chip CSI300 index ended up 1.2 percent at […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Mixed Notes: UK Prime Minister Theresa May will address Conservative Party lawmakers, possibly to set out a timetable for her departure, to win support for her 2X-rejected BREXIT deal as the Parliament prepares to vote on a variety of possible options. A senior International Monetary Fund […]

Shanghai: SSE Composite Index (.SSEC) Next round of U.S.-China trade talks this week

Shanghai: SSE Composite Index (.SSEC) Next round of U.S.-China trade talks this week

Shanghai: SSE Composite Index (.SSEC) Next round of U.S.-China trade talks this week Chinese shares fell on Tuesday, extending the previous session’s sharp losses as investors remained concerned over the outlook for global growth and the next round of China-U.S. trade talks. At the close, the Shanghai Composite index was down 1.51 percent at 2,997.10 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Flat, Crude Oil Up, Stocks Up Notes: Market participants are keeping a close watch on the latest round of US-China trade negotiations, scheduled to start Thursday in Beijing, and the next BREXIT vote. British lawmakers will now vote on a range of BREXIT options Wednesday, giving parliament a chance to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Down, Stocks Down Notes: A US trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit China on 28-29 March which will be followed by a trip by Chinese Vice Premier Liu He to Washington in early April. Concerns about a potential US […]

Shanghai: SSE Composite Index (.SSEC) stocks end higher on dovish Fed stance

Shanghai: SSE Composite Index (.SSEC) stocks end higher on dovish Fed stance

Shanghai: SSE Composite Index (.SSEC) stocks end higher on dovish Fed stance Shanghai stocks edged higher on Thursday, after the U.S. Federal Reserve took a more accommodative stance at its policy meeting. The blue-chip CSI300 index was unchanged at 3,836.89 points, while the Shanghai Composite Index closed up 0.3 percent at 3,101.46 points. In comments […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Dowu, Crude Oil Up, Stocks Up Notes: The Fed held interest rates steady, shave the number of hikes projected for the rest of the year at none and release details of a plan to end the monthly reduction of its massive balance sheet in September. US Crude Oil stockpiles last […]

Oversea-Chinese Banking Corp (OCBC) HEFFX Highlights

Oversea-Chinese Banking Corp (OCBC) HEFFX Highlights

Oversea-Chinese Banking Corporation Limited (the Bank) is a Singapore-based financial services company. The Bank is engaged in the business of banking, life assurance, general insurance, asset management, wealth management, investment holding, futures and stockbroking. Its segments are Global Consumer/Private Banking, Global Corporate/Investment Banking, Global Treasury and Markets, Insurance and OCBC Wing Hang. Global Consumer/Private Banking […]

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