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July 16, 2024
Cases surging in many u. S. States. India considers new lockdowns. Facebook insists it has diversity at the top of its list. But it seems to have done little to boost black staff numbers. Lets take a look at how we are shaping up. That drag coming through from u. S. Stocks. Rotation ofsee this the highflying tech stocks. Netflix casting a very dim shadow. Missing horribly on just about every metric investors care about. Nikkei futures up by a quarter of 1 . Tsmc raising its outlook for evan reve...
July 16, 2024
Texas sees record daily infections. Walmart demand shoppers wear masks. Some of the most prominent have beenn america hacked. We will have the latest. Lets take a look at how we are shaping up when it comes to the futures session going into the start of trading this thursday in asia. Take a look at u. S. Futures pointed a little bit to the negative, flat at the moment for futures contracts after u. S. Stocks climbed to her than a one month high. We had renewed optimism that we are getting closer...
July 16, 2024
There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this...
July 16, 2024
U. S. Threatening any recovery optimism. Australia braces for the end of a record run. Gdp data showing whether the 30 year recession free streak is over. Looking at how markets are trading, u. S. Futures under pressure after stock markets in the u. S. And in most thats ended mostly positive stock markets in the u. S. Ended mostly positive rating. Friday. Oflly no real substance concrete measures against beijing. We have the dollar index falling friday, the declines continue on down. 2 . Monday,...
July 16, 2024
Investors weighing a reaction that could further destabilize the Global Economy. President down to asias major market opens. These are our top stories trumpe for social media after his tweets are fact checked he says twitter and others are trying to silence conservative voices. Breaking news out of south korea. We are getting the Industrial Production numbers for the month of april and we are seeing a huge contraction month on month, a plunge of 6 . The expectation was for a decline of about hal...
July 16, 2024
Swiss drugmaker roche wins emergency approval ceo tells cnbc it will take more time to deliver a vaccine. It will take years to develop a new medicine, so most experts agree that it will take at least 12 to 58 months until we see effects and available in the necessary quantities for patients. Travel stocks as billionaire investor saying he was wrong to buy into the sector. And the uk looks to overtake itsly as the worst hit country with death toll nearing 29,000 as rome eases restrictions while ...
July 16, 2024
The u. S. Revised down its revised forecast for this year and next. The outlook for automakers in a postvirus world. We look at the prospects of japan the boss of lamborghini. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of april, coming in at 3. 8 . This would be below expectations of more than 4 and at the same level than in the previous month. South korea of course has implemented big fiscal measures, not to mention the relaxation of social distan...
July 16, 2024
Google ad demand although previrus quarterly was of. That march was difficult. Started. Ts get you we are seeing u. S. Futures coming online, flat, a bit of Downside Pressure. We have u. S. Stocks in the regular session wally. The Downside Pressure on big tech, really leading the declines. The nasdaq composite reversing two sessions of gains. U. S. Consumer confidence dropped in april to the lowest since 2014. There is a big week of earnings not to mention centralbank decisions ahead of the fomc...
July 16, 2024
Around 250,000. The u. S. Planes china. Blames china. Warren buffett bails out of u. S. Aviation. He says the coronavirus has changed the Airline Industry forever. Shery breaking news out of south korea, getting Consumer Price inflations. It is an deflation territory. This is now a contraction of 0. 6 . This is a bigger decelerations when itt was expected. Comes to the year on year figure, a little bit better, still accelerating, 0. 1 . Suffice it to say there is a lot of pressure on Consumer Pr...
July 16, 2024
Few smiles and the magic kingdom. Disney suffers a coronavirus hit with seem parks shot, movie theaters closed, and sports on hold. Shery a quick check of the market. This after u. S. Stocks gained ground for a second day in the regular session. We have sentiment being boosted as more economies move towards easing lockdowns. Still, in the last hour of trading, there were some cautionary comments on said officials that cut gains in half. New zealand stock scanning. 8 . This would be a Third Sessi...