BLOOMBERG Bloomberg July 3, 2024
On big profits. We have comments from j. P. Morgan saying the slide and equities is part of a deeper correction. It is not over if you look at how yields are rising and strength of the dollar. Yen weakness has been kept in check by comments from the finance minister. We are seeing among japanese stocks that have been recovering, extending gains, not for racing losses. Singapore outperforming, you get the sense that those indices are benefiting amid the rout in the sector. Chinese tech is doing well. Divergence between the csi and the hang seng as one Bank Upgrades its call for chinese stocks. ...