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July 16, 2024
Source sores soars. Australian markets have just open for trade. Lets turn to sophie for what to watch. Sophie its hitting the Snooze Button with markets little changed to the downside. Aussie dollar just retreating a touch. We are also keeping an eye on what is happening with the u. K. Election taking place thursday and india very much focused as we get Health Checks on the economy. We are also waiting on japanese machine orders. We have singapore on the docket as well. Paul thanks very much. L...
July 16, 2024
Shery and a rocky road ahead for china. The worlds top auto market heads for an unprecedented second Straight Year of failed declines. Comingnd south korea online. Here is what to watch. Sophie stocks open higher with nikkei and topics opening with two. 2 . Data earlier this week showing a pickup in business spending and reduced prices. The yen looking steady after jay powells speech which reinforced the dollar has a negative bias. Which assets will benefit most from the feds 2020 outlook . We w...
July 16, 2024
The annual earnings forecast falls short. Shery lets get a quick check of the markets close. The s p 500 fell the most since may 31. The 10 year yield fell below 2 . It was already a shaky day when he came to the equity markets. Rising geopolitical tensions between the u. S. And iran, not to mention a drop in Consumer Confidence as well as numbers that dampened investor sentiment. In you have the fed chair Jerome Powell and the st. Louis fed speaking, investors did not like what they heard, sayi...
July 16, 2024
China. The administration is demanding meaningful reforms. Stockpiles continue to shrink. This could lead to rising tension in the gulf. Shery a quick check of the market close. We saw the s p 500 for the most since may. It was already a pretty fragile session for the market. Tensions. Opolitical then we heard from Jerome Powell and also the st. Louis fed president. Investors did not like what they heard. Check and communication stocks are leading the decline. We are also seeing the nasdaq down ...