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Stocks mixed as China’s Covid infections climb to a near record

The sentiment is fragile in Asia after China’s daily virus infections climbed to near the highest on record. It is said local authorities may possibl…

3 years, 5 months ago

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China’s Covid worries drag markets down

Markets are mostly down today after China reported its first Covid deaths in almost six months, sparking fears of new lockdown measures in the countr…

3 years, 5 months ago

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Equity markets take a breather after James Bullard’s speech

The St. Louis Fed President, James Bullard, suggested in a speech yesterday that policymakers should raise interest rates to at least 5% to 5.25% - t…

3 years, 5 months ago

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Markets rattled by single stock news

Both the US and Asian stock markets were upended by micro news overnight. In the US, it was Target that rattled investors by announcing that sales we…

3 years, 5 months ago

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US equities rise, but geopolitical concerns resurface again

A softer than expected increase in US producer price prices for October gave US equities another boost. However, geopolitical concerns are weighing o…

3 years, 5 months ago

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US/China leaders meet again

At the G-20 summit in Bali, President Joe Biden and President Xi Jinping met face-to-face for the first time since the start of the Covid-19 pandemic…

3 years, 5 months ago

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China is making fresh attempts to boost its ailing economy

Asian equities advanced to their highest level in two months on the back of China’s policy shifts on Zero Covid and the property sector. Democrats wi…

3 years, 5 months ago

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Lower than expected US inflation and a subtle shift in China’s zero-Covid policy fire up markets

Equities rallied, the USD fell, and bond yields plunged following a report that US inflation rose less than expected in October. This morning, a subt…

3 years, 6 months ago

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Investors waiting for consumer price data today

While the race for the US Senate is still open and it may be days or even weeks before the results are final, US President Joe Biden said that the De…

3 years, 6 months ago

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US Midterm results and upcoming inflation numbers in the spotlight

While all eyes are on the results of the US Midterm elections rolling-in, it could still take a while until final results are declared. Markets will …

3 years, 6 months ago

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