by The National Interest.org | Feb 3, 2024 | AlphaTack Intel
The grim state of China’s housing market has so far had little effect on the iron ore price because its steel mills are diverting their surplus output onto export markets where they are adding to what the OECD says is a crisis of excess steel supply. While the...
by Bloomberg.com | Feb 2, 2024 | AlphaTack Intel
Festive season traditionally sees high demand for meats Sustained low pork prices worsening China’s deflationary fears For families across China preparing for Lunar New Year, the most important celebration in the calendar, pork is a must. An ingredient synonymous with...
by Bloomberg.com | Feb 2, 2024 | AlphaTack Intel
Fervor continues despite high premiums, correction risks ETFs are a favored tool to invest abroad under capital control A record amount of Chinese money is flowing into overseas equities as despondent investors seek a way out of the sagging local stock market. Inflows...
by Bloomberg.com | Feb 2, 2024 | AlphaTack Intel
Drop in shares follows New York Community’s surprise loss Analyst says there’s ‘an unbelievable amount of skittishness’ Investors concerned about the surprise loss and dividend cut at New York Community Bancorp this week have dragged down the shares of other US...
by Bloomberg.com | Feb 2, 2024 | AlphaTack Intel
Investors not bothered by change in timing of rate cuts: BofA Magnificant Seven technology stocks driving S&P 500 returns The rush into technology stocks is resembling the bubble of 1999, reflecting an assumption that the economy will perform strongly despite...
by Bloomberg.com | Feb 2, 2024 | AlphaTack Intel
Roche, Adidas and BNP Paribas have disappointed on profit Only 45% of Stoxx 600 firms have so far exceeded estimates The earnings season in Europe is off to one of the worst starts, with JPMorgan Chase & Co. data showing the fewest companies beating estimates in...
