$GLD,$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 […]
$GLD,$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 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 […]
$GLD,$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 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 […]
Shanghai: SSE Composite Index (.SSEC) index is above its 50-day moving average and above its 200-day moving average Chinese stocks were little changed on Wednesday ahead of the Federal Reserve’s interest rate decision later in the day and on uncertainty surrounding Sino-US trade negotiations. The Shanghai Composite index was flat at 3,090.64 points. The blue-chip […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Up Notes: The Fed Wednesday is expected to hold interest rates steady, shave the number of hikes projected for the rest of the year to 1-2 or none, and release long-awaited details of a plan to end the monthly reduction of its massive balance sheet. […]
Shanghai: SSE Composite Index (.SSEC) shares edge lower on profit-taking China’s main stock indexes ended lower on Tuesday, pulling back from near 6-1/2-month highs in the previous session, on profit taking, but losses were limited by hopes for continued government support for the economy and a dovish U.S. Fed. The Shanghai Composite index fell 0.18 […]
$JPM JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon mow admits that President Trump’s strategy of imposing economic tariffs may just be paying off. “As a negotiating strategy, it might’ve worked,” Mr. Dimon said on TV. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Off, Stocks Steady Notes: UK PM May’s BREXIT plans were thrown into further turmoil on Monday when the speaker of Parliament ruled that she could not put her divorce deal to a new vote unless it was re-submitted in fundamentally different form. She has just 2 days […]
Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up China’s major stock indexes closed near their 6-1/2-month highs on Monday, as sentiment was bolstered by high expectations of the U.S. Federal Reserve taking a dovish stance at its policy meeting this week and Beijing’s policy boost for growth. At the close, the blue-chip […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Off, Crude Oil Off, Stocks Up Notes: Data Friday showed US manufacturing output fell for a 2nd month running in February and factory activity in New York state hit near a 2 low this month, further evidence of a sharp slowdown in economic growth early in Q-1. In Asia Gold: Spot […]
FLASH: “We will make a great or not at all.” President Trump’s chief economic adviser says China’s President Xi is “afraid” to sit down with until their countries finalize a trade deal. Larry Kudlow, director of the White House’s National Economic Council, says President Xi Jinping wants everything agreed to before meeting with President Trump […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]
The growing mystery of where China’s rapid slowdown is headed may become the biggest risk on the horizon. The world economy. Recession Watch: The global economy’s in its weakest shape since the financial crisis 10 years ago. China got more affirming evidence of its Big slowdown, with industrial output and retail sales softening and a […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Firm, Stocks Up Notes: The Bank of Japan’s kept interest rates unchanged Chinese Vice Premier Liu He spoke by telephone with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, with the 2 sides making further substantive progress on trade talks, China’s official Xinhua news […]
Shanghai: SSE Composite Index (.SSEC) Trade uncertainty remains as Trump ‘in no rush’ for deal with China Shares in China ended lower for a second consecutive session on Thursday after data underscored concerns about slowing growth in the world’s second-largest economy, amid ongoing uncertainty over a deal to end the Sino-U.S. trade dispute. At the […]
FLASH: Talks of Summit flourish in Washington and Beijing President Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade dispute are progressing quickly. Washington and Beijing have been locked in a tariff battle as US officials press China for an end to practices and policies it […]
Shayne Heffernan remains bullish on the outlook for China and Chinese Companies “Asia is going to be the centre of the Financial World for the next 100 years” China’s real estate investment increased 11.6 percent year on year in the first two months of this year, the National Bureau of Statistics said Thursday. The growth […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady , USD Off, Crude Oil Higher, Stocks Flat Notes: The United States aims to cut Iran’s Crude exports by about 20% to below 1-M BPD from May by requiring importing countries to reduce purchases to avoid US sanctions, 2 sources familiar with the matter told Reuters. Both sources said they were […]
FLASH: “I’m in no rush. I want the deal to be right. … I am not in a rush whatsoever. It’s got to be the right deal. It’s got to be a good deal for us and if it’s not, we’re not going to make that deal.” President Trump said Wednesday he is in no […]
Shanghai: SSE Composite Index (.SSEC) lacks support from economic fundamentals China stocks ended higher on Tuesday as Beijing and Washington appeared to edge closer to a trade deal, but worries about economic headwinds at home tamed the market’s rise. At the close, the Shanghai Composite index was up 1.1 percent at 3,060.31 points, while the […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Higher, Stocks Up Notes: European Commission head Jean-Claude Juncker agreed to additional assurances in an updated BREXIT deal with British Prime Minister Theresa May Monday, but warned UK lawmakers would not get a 3rd chance to endorse it. Washington could lift most or all of its tariffs on […]
The global economy’s softened throughout Y 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago. A new GDP tracker puts world growth at 2.1% on a Q-Q annualized basis, down from about 4% in the middle of last year. While there is a chance that the economy […]
Shanghai: SSE Composite Index (.SSEC) weaker than expected Chinese loan and money supply data raised expectations of further action to spur the slowing economy Shares were mostly higher in Asia on Monday as investors awaited further developments in trade talks between the U.S. and China. The Shanghai Composite jumped 1.9 percent to 3,026.99 and the […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Higher, Stocks Up Notes: Fed Chairman Powell said Friday that the central bank will be careful not to shock financial markets as it stabilizes its bond portfolio, saying that it does not see problems in the US economy that warrant an immediate change in its policy. Washington […]
FLASH: President Trump Tweeted Sunday: The media is “hostile and corrupt” because it is failing to recognize the accomplishments of his Administration. President Trump’s Top economic adviser Larry Kudlow said Sunday trade negotiations between the United States and China are making “great progress.” In a TV interview Sunday, Mr Kudlow, the director of the National […]
Investors in funds that track MSCI indexes will soon have more exposure to Shanghai: SSE Composite Index (.SSEC) stocks and a brutal totalitarian regime Global index provider MSCI recently announced it would quadruple the percentage of China A shares—shares of companies that trade on mainland exchanges like Shanghai and Shenzhen and were previously available only […]
FLASH: President Trump’s tariffs slows China growth engine China’s exports fell the most in 3 years in February, while imports fell for a 3rd month running, pointing to a further slowdown in the economy and a trade recession despite a PBoC”s support measures. The shockingly weak readings from the world’s largest trading nation added to […]
The White House’s Top economic adviser Larry Kudlow said Friday that President Trump and Chinese President Xi could meet on trade later this month or early next month. “Nothing in cement, but there’s a lot of talk about a meeting, yet.” President Trump Friday said he is confident the United States can forge a trade […]
FLASH: President Trump said that the US will enjoy a “very big spike” in stock markets if he closes a trade deal with China. “As soon as these trade deals are done, if they get done, and we are working with China, we’ll see what happens, but I think you’re going to see a very […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Falling, Stocks Up Notes: Washington could lift most or all of its tariffs on Beijing while Presidents Trump and Xi ready to sign a final trade deal later this month and Summit at Mar a Lago. President Trump says, “All of nothing at all!” US jobs report […]
Shanghai: SSE Composite Index (.SSEC) markets there have lagged the performance of the wider benchmark Underneath the surface of the solid stock-market rally across Asia, there’s one spot where investors are seeing signs of some sputtering: Southeast Asia. Despite strong economic growth and bullish expectations for the future, markets there have lagged the performance of […]
“US-China optimism fading ? Asian markets are once again lower this morning as optimism over the trade deal continues to wane. Markets are off their lows in late trading but not sufficient enough to suggest that we are going to see anything other than a weak start to trading on the European exchanges. In the […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady , USD Flat, Crude Oil Up, Stocks Down Notes: Investors are looking ahead to the ECB’s board meeting Thursday. The ECB is expected to pare growth forecasts and give its strongest signal yet that more stimulus is coming in the form of more cheap loans. Washington could lift most or all […]
FLASH: Trade talks with China could collapse if a deal cannot be reached on enforcement of these “structural” issues. President Trump said on Wednesday that trade talks with China were moving along well and predicted either a “good deal” or no deal between the world’s 2 largest economies. Washington and Beijing have been in intense […]
Shanghai: SSE Composite Index (.SSEC) rises bolstered by hopes Beijing will pursue more stimulus this year to underpin the cooling economy China’s major stock indexes climbed on Wednesday, hovering near a nine-month high, bolstered by hopes Beijing will pursue more stimulus this year to underpin the cooling economy, even as investors watched for developments in […]
Wednesday, White House economic adviser Larry Kudlow says there’s “hope” that President Trump and Chinese President Xi will meet soon to finalize an agreement officials are optimistic a trade deal will be forged soon. “I don’t want to go into a timeline. There is hope that perhaps by the end of this month or early […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Firm, Crude Oil Down, Stocks Up Notes: US Secretary of State Mike Pompeo said Monday he thought the United States and China were “on the cusp” of a deal to end their trade dispute, but President Trump will reject any deal that is not perfect. The WS-J reported Washington could lift […]
Shanghai: SSE Composite Index (.SSEC) shares inch higher as China cuts taxes Shanghai stocks edged higher on Tuesday after the Chinese government vowed to cut taxes and increase public expenditure to prop up slowing economic growth. The Shanghai Composite index was up 0.1 percent at 3,031 points, while the blue-chip CSI300 index was close to […]
FLASH: Asia accounted for over 50% of that turnover According to The Federation of the Swiss Watch Industry FH, Swiss watch exports in Y 2018 grew 6.3% Y-Y to CHF 21.2-B. Although the value of exports was up, the total number of watches exported declined by 2.3% to 23.7-M items there were 570,000 fewer timepieces […]
$CNY, $USD, $GS FLASH: The RMB Yuan’s rally has more room to run as China’s economic recovery picks up The currency will advance about 1.5% to 6.6 a USD in the next 12 months, says the Chief China economist at Goldman Sachs in Hong Kong. That is more Bullish than Goldman’s 6.7 forecast in January. […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Firm, Crude Oil Down, Stocks Down Notes: MSCI’s ACWI,, a gauge of 47 markets in the world, has risen 16% from its near 2-year low set on 26 December low, even as the earnings outlook stagnated, driven by hopes of a dovish Fed and a compromise between Beijing and Washington on […]
Shanghai: SSE Composite Index (.SSEC) nearing the highest levels seen that year Chinese stocks rose to their highest level since June as signs of progress in trade talks and the breaking of a key resistance level added to confidence. Shares pared gains in afternoon trading as investors took profit. The Shanghai Composite Index climbed 1.1 […]
A favorable trade deal would be “very good” for China’s economy as well as for the United States, Chairman of the Council of Economic Advisers Kevin Hassett said Monday. “I think right now there’s been almost a freeze on capital spending over there because people are worried that maybe there’s not going to be a deal,” […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Down, Crude Oil UP, Stocks Up Notes: The WS-J reported Sunday Washington could lift most or all of its tariffs on Beijing while Presidents Trump and Xi ready to sign a final trade deal later this month and Summit at Mar a Lago. In Asia Gold: Gold edged up Monday, after falling […]
Shanghai: SSE Composite Index (.SSEC) Hugely important decisions will be made that could impact China stocks China’s economic and political power players will flood into Beijing this week to determine the country’s future agenda. Markets can be expected to react. The Two Sessions, or Lianghui, are the annual parliamentary meetings of China’s main legislative and political […]
FLASH: The US Trade Representative’s office delayed a scheduled hike in tariffs on Chinese goods from 10 to 25% Friday, ahead of the official publication notice this coming Tuesday. Saturday, China said that it welcomed the release of language from the United State Trade Representative’s office (USTR) delaying a scheduled hike in US tariffs on $200-B worth of Chinese goods. In a […]
$GS, $MS FLASH: There is Big money heading to Chinese stocks After MSCI Inc. announced Thursday that it would boost the weighting of China’s onshore shares in its emerging market index, more than $46-B is set to pour in from funds that track the gauge. Chinese equities climbed to the highest since June Friday, leaving […]
Shanghai: SSE Composite Index (.SSEC) post biggest monthly gain in nearly 4 years Chinese shares ended lower on Thursday on concerns about Sino-U.S. trade and slowing growth, but the country’s main stock indexes posted their biggest monthly gains in nearly four years on investor hopes for government stimulus and policy support. At the close, the […]
FLASH: “Lighthizer has worked miracles on this Chinese deal, we have never come this far on China trade.” White House economic adviser Larry Kudlow said the US and China are on the cusp of a historic agreement. Mr. Kudlow said the deal would commit Beijing to cut subsidies for state-owned companies and disclose when its […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Down, Stocks Down Notes: President Trump wrapped up in Hanoi for 2nd Summit with Chairman Kim, President Trump and Secretary of State Mike Pompeo are optimistic on the progress mate. US and China have a deal in the works.President Trump extends deadline and sets up Summit with President Xi at Mar a Lago. In Asia Gold: Gold prices Thursday held near 2-week lows touched in the prior […]
Shanghai: SSE Composite Index (.SSEC) up after U.S. central bank’s recent shift towards a more “patient” approach on policy in the face of a slowing economy Shanghai stocks ended up on Wednesday, after Federal Reserve Chairman Jerome Powell reinforced the U.S. central bank’s recent shift towards a more “patient” approach on policy in the face […]
$GS, $USD, $USO, $OIL FLASH: On the global markets, some green shoots are emerging. The global economy may have already bottomed out, according to Goldman Sachs Group Inc. Chief Economist in a note Tuesday. While growth remains soft, Goldman’s current activity indicator in February is slightly above the downwardly-revised December and January numbers. Some green […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Soft, Crude Oil Up, Stocks Higher Notes: Market focus on Fed Chairman Powell’s testimony in front of the House of representatives Wednesday. Will be the same as to the Senate. The Fed’s policy statements grew so complicated after the Great Recession that standard gauges of readability suggested people needed 4 years of university […]
Shanghai: SSE Composite Index (.SSEC) leads Asia markets rally Shanghai surged more than 5% yesterday, leading a rally across Asian markets after Donald Trump said he would delay a hike in tariffs on Chinese goods, citing “substantial progress” in trade talks and fuelling hopes of an end to the long-running stand-off. Optimism over the negotiations […]
Shanghai: SSE Composite Index (.SSEC) enters a bull market Major Asian stocks markets closed higher on Monday amid trade optimism after U.S. President Donald Trump announced a postponement of a closely-watched deadline on March 1. Shares in mainland China saw solid gains on the day following the positive developments. The Shanghai composite surged 5.6 percent to 2,961.28 while the Shenzhen component […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Steady, Crude Oil Lower, Stocks Higher Notes: US and China have a deal in the works. President Trump pushes deadline and sets up Summit with President Xi at Mar a Lago. President Trump on the way to Hanoi for 2nd NKorean Summit with Chairman Kim. In Asia Gold: Gold prices rose Monday as USD fell Vs the RMB Yuan after President Trump said he would delay an increase […]
Shanghai: SSE Composite Index (.SSEC) analysts are suggesting investors to pile into shares A surge in equities is stealing the show from China’s world-leading bond rally, prompting analysts to recommend clients pile into stocks rather than debt. The rally since Jan. 3 has added almost $1 trillion to the value of the country’s equities, while China’s sovereign […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Steady, Crude Oil Lower, Stocks Dip Notes: Trade talks dominate headlines, the US and China have a deal in the works, as President Trump meeting China’s chief negotiator Vice Premier Liu Friday in Washington, DC. Growth in China’s new home prices fell to a 9-month low in January as broader economic weakness increasingly weighs […]
At SKorea’s northernmost train station, the tracks stop abruptly ahead of the demilitarized zone that marks the NKorean border. A sign reads: “The steel horse wants to run.” That may soon become a reality as US President Trump and NKorea’s Chairman Kim Jong Un prepare for a @nd summit next week in Vietnam. The outcome […]
Shanghai: SSE Composite Index (.SSEC) negotiators were beginning to outline a deal to end a long-running trade spat Stocks finished lower Thursday, with the Nasdaq snapping an eight-session winning streak, as fresh economic data out of Europe and Japan suggest further slowing in global growth. However, fears about a world-wide slowdown were somewhat tempered by […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Steady, Crude Oil Higher, Stocks Higher Notes: Trade talks dominate headlines with a new round of negotiations between the US and China have a deal in the works meeting continue in Washington. Sentiment also got a lift after the Fed Wednesday affirmed it would be “patient” on further interest rate rises. In Asia Gold: Gold […]
The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a 7-month trade dispute, according to sources familiar with the negotiations. The world’s 2 largest economies have placed tit-for-tat tariffs on hundreds of billions of dollars of […]
Shanghai: SSE Composite Index (.SSEC) United States and China pressed ahead with their crunch talks on trade Shares in China edged higher on Wednesday as the United States and China pressed ahead with their crunch talks on trade. The Shanghai Composite Index settled 0.2 per cent higher at 2,761.22 points while the blue-chip CSI300 gained […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Lower, Crude Oil Higher, Stocks Higher Notes: Trade talks dominate headlines with a new round of negotiations between the US and China expected in Washington Tuesday, and follow-up sessions at a higher level this week. Minutes of the Fed’s last policy meeting are due Wednesday and should provide more guidance on the likelihood or […]
Shanghai: SSE Composite Index (.SSEC) investors booked profits following a surge in the previous session Shanghai stocks ended flat after briefly touching a near five-month high on Tuesday, as investors booked profits following a surge in the previous session. The blue-chip CSI300 index fell 0.2 per cent, to 3,439.61 points, while the Shanghai Composite Index […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Higher, Crude Oil Mixed, Stocks Higher Notes: Trade talks dominated headlines with a new round of negotiations between the United States and China expected in Washington on Tuesday, and follow-up sessions at a higher level later in the week. Comments from European Central Bank’s Olli Rehn on Sunday have triggered speculation the […]
Shanghai: SSE Composite Index (.SSEC) trade talks between the United States and Beijing saw progress China stocks jumped on Monday after trade talks between the United States and Beijing saw progress ahead of a March 1 deadline, and new data showed Beijing’s attempts to boost investment led to record new loans in January. At the […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Off, Crude Oil Higher, Stocks Higher Notes: Minutes of the Fed’s last policy meeting are due Wednesday and should provide more guidance on the likelihood or not for rate hikes this year. There is also talk the Fed will keep a much larger balance sheet than previously planned. Financial markets are generally […]
US and Chinese Shanghai: SSE Composite Index (.SSEC) trade negotiators will meet in Washington this week with less than a fortnight left to hammer out a deal US and Chinese trade negotiators will meet in Washington this week with less than a fortnight left to hammer out a deal aimed at ending their trade impasse and finding […]
$DIA, $SPY, $QQQ, $RUTX, $BAC, $VXX US are stocks rallying this year on signs of progress in US-S trade talks as managed and sidelined money continues to bet that there is not much upside left when President Trump’s deal is reached. That is wrong Heffx-LTN’s corporate earnings and equity valuations model as of Saturday indicates […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Ranged, USD Higher, Crude Oil Higher, Stocks Lower In Asia Notes: US Treasury Secretary Steven Mnuchin hopes for “productive” trade meetings in China scheduled to run through Friday.The United States has used tariffs as leverage to demand Beijing make major structural policy changes, including ending the forced transfer of American technology, fully enforcing intellectual property rights, and […]
Shanghai: SSE Composite Index (.SSEC) China and the U.S. are trying to strike a deal before March 2 High-level trade talks between the U.S. and China are underway in Beijing. Stocks in Asia were mixed on Thursday as investors looked for progress in the months-long tariff dispute. There were reports that U.S. President Donald Trump may be […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Higher, Crude Oil Higher, Stocks Up In Asia Notes: US Treasury Secretary Steven Mnuchin said Thursday he hopes for “productive” trade meetings in China, as the 2 countries work to hammer out an agreement to resolve their trade dispute. The talks, scheduled to run through Friday, follow 3 days of deputy-level meetings to work […]
Shanghai: SSE Composite Index (.SSEC) positive sentiment on the U.S.-China trade front Major stock markets in Asia closed higher on Wednesday amid positive sentiment on the U.S.-China trade front. The mainland Chinese markets were higher on the day. The Shenzhen component rose 2.012 percent to close at 8,171.21 and the Shenzhen composite gained 1.872 percent […]
President Trump said the 1 March deadline for US-China trade deal, “If we’re close to a deal where we think we can make a real deal and it’s going to get done, I could see myself letting that slide for a little while, but generally speaking, I’m not inclined to do that.” Financial markets for […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Steady, USD Higher, Crude Oil Up, Stocks Up In Asia Notes: US Treasury Secretary Steven Mnuchin said Wednesday he hopes for “productive” trade meetings in China this week, as the 2 countries seek to hammer out an agreement to resolve the trade dispute. The Cboe Volatility Index (VIX) dropped overnight to as low as 14.95, […]
$RACE FLASH: Ferrari is the Aristocrat of of world’s automotive sector and the world’s strongest brand. Ferrari (NYSE:RACE) is an iconic Italian luxury Supercar manufacturer which produces the Ferrari branded car. It is a limited production in demand car and instantly recognizable world wide. In Y 2018 only 9,251 Ferraris were shipped. The group’s high […]
Shanghai: SSE Composite Index (.SSEC) investors sentiment remained bullish China’s stock indices ended higher for a fourth trading day on Tuesday as investors sentiment remained bullish. The benchmark Shanghai Composite Index closed up 0.68 percent at 2,671.89 points. The Shenzhen Component Index ended 1.15 percent higher at 8,010.07 points. MSCI, one of the world’s largest […]
Shanghai: SSE Composite Index (.SSEC) boosted by consumer stocks Better earnings reported by luxury brands boosted sentiment in the Hong Kong and China stock markets on Monday, with all mainland Chinese gauges finishing higher on the first trading day of the Year of the Pig. The benchmark Shanghai Composite Index had traded flat during most […]
3$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold EasedUSD CautiousCrude Oil DownStocks Off In Asia Notes: Messrs. Mnuchin and Lighthizer open another round of trade talks in Beijing this week to push for a deal to protect American intellectual property and avert a 2 March increase in US tariffs on Chinese goods. Gold: Gold prices eased Monday as uncertainties around US-China trade tensions […]
Shanghai: SSE Composite Index (.SSEC) bullish mood that was starting to build in China will be tested The bullish mood that was starting to build in China will be tested when markets reopen Monday as concern over the U.S. trade relationship resurfaces. For clues on how investors may react, look to Hong Kong, where Chinese […]
$DIA. $SPY, $QQQ, $RUTX, $VXX Wall Street stocks declined Thursday on concerns that the United States and China would not be able to reach a trade deal, thus increasing concerns about slowing global economic growth. President Trump said he did not plan to meet with Chinese President Xi before the 1 March deadline set by […]
FLASH: President Trump’s Trade Policy Working $USD, $USO The US trade deficit fell for the 1st time in 6 months in November amid declines in imports leading economists to boost their economic growth estimates for the for Q-4 Y 2018. The consumer goods-led drop in imports reported by the Commerce Department on Wednesday would normally raise concerns […]
Alibaba Group Holding Limited (NYSE:BABA) reported an earnings beat in its fiscal third quarter Jan. 30, just one day after its home country saw a “day of disaster” for earnings Chinese e-commerce platform Alibaba Group Holding Ltd (NYSE: BABA) reported an earnings beat in its fiscal third quarter Jan. 30, just one day after its home country saw a […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold OffUSD FirmCrude Oil UpStocks Steady In Asia Note: China closed all week for the Lunar New Year Gold: Gold prices slipped Monday as risk aversion waned amid some signs of progress in US-China trade talks, while a firm USD kept bullion under pressure. Spot gold was down 0.4% at $1,313.01 oz by 0552 GMT US […]
Shanghai: SSE Composite Index (.SSEC) What could go wrong? Prepare for a repeat of China’s 2015 boom, bust and whimper? Days after replacing an overly cautious securities regulator, Beijing has mounted a multi-pronged effort to revive the market’s buzz: It set out the framework for a new tech-stocks exchange, cleared the way for more margin loans, made it easier for […]
US President Trump is optimistic about the prospect of a trade deal with the Chinese after the “good vibe” of negotiations this week, a top White House adviser said Friday. “The talks on Wednesday and Thursday in general had what I call a good vibe,” White House National Economic Council director Larry Kudlow said Friday in […]
Shanghai: SSE Composite Index (.SSEC) official data from China showing that the Chinese economy contracted for the second month Major stocks in Asia closed mixed on Thursday on the back of official data from China showing that the Chinese economy contracted for the second month in a row in January. The mainland Chinese markets ended […]
Shanghai: SSE Composite Index (.SSEC) stocks fall as U.S. charges against Huawei hit sentiment China and Hong Kong stocks fell on Tuesday, as Washington’s sweeping criminal charges against Chinese telecom giant Huawei dampened prospects for a Sino-U.S. trade deal, hitting investors’ sentiments. *But losses on the mainland were limited by Beijing’s fresh measures to prop […]
Shanghai: SSE Composite Index (.SSEC) stocks rise on regulator leadership change China stocks rose on Monday morning, amid hopes that leadership changes at the country’s securities watchdog could breathe life into a struggling market, but gains were capped by downbeat industrial profit data. There are signs money continues to shun risky assets, while chasing high-quality […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil UpStocks Rise In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. Washington Thursday signaled it could impose sanctions on Venezuela’s Crude Oil exports as Caracas descends further into political and economic chaos. The US-China trade discussions will provide insight into how talks are […]
Thursday, White House economic adviser Larry Kudlow said that the upcoming trade talks between the United States and China will be Key in determining whether the globe’s 2 largest economies can reach a deal on trade. Chinese Vice Premier Liu He will meet with US Trade Representative Robert Lighthizer in Washington on 30-31 January. “I think […]
Shanghai: SSE Composite Index (.SSEC) uncertainties surrounding the global economic outlook Most Asian markets closed higher on Thursday amid uncertainties surrounding the global economic outlook as well as the ongoing U.S.-China trade fight. The mainland Chinese markets, watched in relation to the ongoing trade fight between Beijing and Washington, recovered from earlier losses. The Shanghai composite rose […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil DownStocks Rise In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China reported its lowest annual economic growth since Y 1990 and must stimulate, but its retail markets are expanding widely. China makes up 19% of the world’s economy, the slowdown this year […]
Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index down China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday. Mounting pressure on the world’s second-biggest economy pushed growth last year to its lowest since […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil UpStocks Off In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China reported its lowest annual economic growth since Y 1990 and must stimulate. Gold: Gold prices stood firm Wednesday on higher demand for safe-haven assets over concerns of slowing global economy and […]
China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said Wednesday. Mounting US trade tariff pressure on the world’s 2nd-biggest economy pushed growth last year to its lowest since Y 1990 even as Beijing stepped up stimulus measures […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Fake News: reports of canceled trading meeting with Chinese officials untrue, there was No meeting planed to cancel. “The big meeting that everyone’s moving towards will be Vice Premier Liu He is coming at the end of the month, as I think everybody knows. That will be a very important […]