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Market Talk – December 6, 2021 | Armstrong Economics

Spread the lovemore ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 102.20 points or -0.36% to 27,927.37 Shanghai decreased 18.13 or -0.50% to 3,589.31 Hang Seng decreased 417.31 points or -1.76% to 23,349.38 ASX 200 increased 3.90 points or 0.05 to 7,245.10 Kospi increased 4.92 points or 0.17% […]
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Market Talk – August 3, 2021 | Armstrong Economics

Spread the love ASIA: Singapore recorded its strongest economic growth in 11 years in the second quarter of 2021, rebounding from its worst economic slump on record a year ago due to the Covid-19 pandemic. The Southeast Asian economy surged 14.3% in the second quarter compared with the same period a year ago, according to advance estimates by the Ministry of Trade and Industry.   NIKKEI 225 decreased 139.19 points or -0.50% to 27,641.83 Shanghai decreased 16.29 points or -0.47% to 3,447.99 Han...
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Market Talk – July 6, 2021 | Armstrong Economics

Spread the love ASIA: Didi Global Inc shares fell as much as 25% in early U.S. trading on Tuesday in the first session since Chinese regulators ordered the company’s app to be taken down days after its $4.4 billion listing on the New York Stock Exchange. The ride-hailing giant’s app was ordered to be removed from mobile app stores in China on Sunday by the Cyberspace Administration of China (CAC), which had said it was investigating Didi’s handling of customer data. The CAC on Monday also...
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Inflation Provides Big Tailwinds for Commodities

Inflation Provides Big Tailwinds for Commodities  Share   Share Coming into the month of June, the noise level about runaway commodity prices was at a pretty high decibel reading. Just about every hard and soft class of commodities was trading firmly higher due to the global reopening of several major economies, compounded by wide-ranging logistical bottlenecks and outright shortages. This set of conditions lit up the inflation data that triggered the massive sector rotation into value and d...
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Market Talk – May 19, 2021 | Armstrong Economics

Spread the love ASIA: The price of Bitcoin fell below $34,000 (£24,030) for the first time in three months on Wednesday, after China imposed fresh curbs on cryptocurrencies. Beijing banned banks and payment firms from providing services related to cryptocurrency transactions. Despite this, a major US based bank, Wells Fargo, said on Wednesday it would introduce professionally managed funds for its wealthier clients. In a report, its investment institute said the risks associated with digital c...
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CME Group Grows Suite Of CVOL Indexes To Include Key Measures Of Implied Volatility In Treasuries, Agriculture, Energy, Metals And Cross-Commodities

CME Group Grows Suite Of CVOL Indexes To Include Key Measures Of Implied Volatility In Treasuries, Agriculture, Energy, Metals And Cross-Commodities Date 11/05/2021 CME Group, the worlds leading and most diverse derivatives marketplace, today announced it has added several new benchmark indexes to its suite of CME Group Volatility Indexes (CVOL™). Together with the previously introduced indexes,  CME Group now offers 40+ CVOL Indexes across nearly every major investible asset class. ...
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Market Talk – April 29, 2021 | Armstrong Economics

Spread the love ASIA: President Joe Biden proposed a sweeping new $1.8 trillion plan in a speech to a joint session of Congress on Wednesday, pleading with Republican lawmakers to work with him on divisive issues and to meet the stiff competition posed by China. He said, “China and other countries are closing in fast,” adding that he has spent a lot of time talking to Chinese President Xi Jinping. Indian food delivery startup Zomato, backed by China’s Ant Group, filed for an IPO of up to ...
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