Stocks add to post NFP gains while oil chops to geopolitics - Newsquawk US Market Wrap
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Services PMI hits healthy level on consumption
Services and consumption in China are gaining momentum at a quickening pace on the back of holiday spending this spring, with an overall accelerated expansion of production and business activity also witnessed in the market, a private survey showed on Monday.
Source: chinadaily.com.cn
AUD/USD Hit on Stronger USD, Geopolitical Headwinds After RBA Disappointment
The Australian Dollar sank against a broadly stronger US Dollar as geopolitical risks felled market sentiment. New Zealand posted strong/week second-quarter jobs data, but NZD failed to react.
Source: dailyfx.com
Why George Soros believes Russia's war could lead to WWIII
The billionaire investor and philanthropist says the Ukraine invasion did not come out of the blue and Vladimir Putin must be defeated if our civilisation is to survive.
Source: afr.com
The Macro Front and Fundamentals Are Both Relatively Bearish, Aluminium Prices in May May Continue to Be Pressured_SMM
SHANGHAI, May 13 (SMM) - On the macro front, in China, the Central Bank announced that the deposit reserve ratio of financial institutions will be lowered by 0.25 percentage point on April 25 (excluding financial institutions that have implemented a deposit reserve ratio of 5%).
Source: metal.com