Xie Patrick News Today

Trading there. We do see the asian tech. The more leading indicators that things are looking a bit more bouncy. All of about 1 here this morning. We are watching the dollar strength. Have we reached the peak in the dollar. Things are looking a little bit overbought right now. Dollaryen still seeing some strength. We did see that weaker fix in the pboc. We are watching the bond market as well. Pushing back a rate call. You have jp morgan saying it is time to save the bond rally. Those debts seems...

Honor to cross the line. And goodbye g20 and time for summer davos. We are live at the World Economic forum at this hour. Shery lets get you started with a quick check of the markets. U. S. Futures rallying about 1 at the moment, this, after the s p 500 saw its best month since january. We have optimism over potential easing trade tensions between china and the u. S. , not to mention the huge photo op President Trump got at the dmz meeting with kim jongun. Take a look at asian futures. We are co...

Amy Xie Patrick has pulled money from stocks and high-grade credit, as history shows the best returns for bonds are made just after central banks stop raising rates.

SYDNEY :Asian shares fell with Wall Street on Thursday, while a sharp fall in oil prices to a five-month low promised to further reduce inflationary pressures and helped boost the global bond market. There was also a soft reading on the U.S. labour market overnight. Analysts note the ADP private payrolls repo

South African rand firmed on Wednesday after subdued U.S. labour data boosted bets that the Federal Reserve was done hiking interest rates.

Asian shares slipped with Wall Street on Thursday, while a sharp fall in oil prices to a five-month low promised to further reduce inflationary pressures and helped boost the global bond market. ... -December 06, 2023 at 08:47 pm EST - MarketScreener

Overnight, Wall Street was dragged lower by energy stocks as oil prices slid. The Dow Jones slipped 0.2%, the S&P 500 lost 0.4%, and the Nasdaq Composite fell 0.6%.

Equities fall, while a sharp decline in oil prices promises to further reduce inflationary pressures

Overstretched technicals and the belief that the Federal Reserve will not cut interest rates as quickly as markets expect have turned equity strategists at JPMorgan and Morgan Stanley pessimistic.

After a roaring rally in November that sent the S&P 500 surging 9% and US bond yields tumbling, markets are now trading more cautiously.