Goldman Sachs says stocks are over valued, not just the Magnificent Seven or tech stocks. In brief from a note: equal-weight S&P 500 is now […]
China property developer Country Garden stock suspended on Hong Kong exchangeChina property developer Country Garden stock suspended on Hong Kong exchange
Trading in Country Garden’s stock in HK has been suspended from Tuesday morning. The developer had said it expects to delay publishing its 2023 results […]
Samsung expected to raise the price of enterprise SSDs (NAND sector) by 20-25% in Q2Samsung expected to raise the price of enterprise SSDs (NAND sector) by 20-25% in Q2
Samsung Electronics is expected to raise the price of enterprise SSDs in the NAND sector by 20-25% in the second quarter of this year. Info […]
RBA March minutes show the Bank did not consider the case for an interest rate riseRBA March minutes show the Bank did not consider the case for an interest rate rise
Reserve Bank of Australia Headlines via Reuters No mention in minutes that board considered option to raise ratesBoard agreed it was difficult to either rule […]
PBOC is expected to set the USD/CNY reference rate at 7.2433 – Reuters estimatePBOC is expected to set the USD/CNY reference rate at 7.2433 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting […]
Japanese authorities would probably target a 5 yen rally against USD for interventionJapanese authorities would probably target a 5 yen rally against USD for intervention
Bloomberg have collated analysis from some of Japan’s “biggest brokerages”: Japanese authorities would probably target a five-yen rally against the dollar if they decide to […]
PBOC sets USD/ CNY central rate at 7.0957 (vs. estimate at 7.2433)PBOC sets USD/ CNY central rate at 7.0957 (vs. estimate at 7.2433)
The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to […]
What’s 5 days long and has Bowman, Williams, Mester, Daly, Kugler, Harker (I could go on)?What’s 5 days long and has Bowman, Williams, Mester, Daly, Kugler, Harker (I could go on)?
It’s a packed week of Federal Reserve speakers coming up. The times are in US Eastern time. Let me know in the comments how many […]
Port of Baltimore opened a temporary channel on Monday, freeing some vessels to movePort of Baltimore opened a temporary channel on Monday, freeing some vessels to move
Last week was the dreadful news out of the US in which six workers lost their lives: Large ship collides with Francis Scott Key Bridge […]
RBNZ Governor Orr says Bank remains “laser-focused on its job to control inflation”RBNZ Governor Orr says Bank remains “laser-focused on its job to control inflation”
RBNZ Governor Adrian Orr comments made regarding two new Monetary Policy Committee (MPC) members that have been appointed. Headline on this last week here: Two […]