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Featured AlphaTack Intel Article
Hunt Oil Boss Sees Middle East Conflict as ‘Nightmare Scenario’
Hunter Hunt, the grandson of famed Texas oil baron H.L. Hunt, is concerned about the impact from damaged Middle Eastern energy infrastructure that could leave oil production lower for years to come. In a fireside chat led by Lorie Logan, president of the Federal...
– AlphaTack Intel Articles –
Arnault’s $37 Billion Wealth Loss Comes as Luxury Dims in China
China’s consumer slowdown hits high-end conglomerate LVMH Rivals Brunello, Hermes, Kering have yet to report sales Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest...
US Mortgage Rates Climb to 6.52%, Highest Since Early August
US mortgage rates rose sharply for a second straight week, reaching the highest level since early August while prompting steep declines in both home-purchase and refinance activity. The contract rate on a 30-year fixed mortgage rose 16 basis points to 6.52% in the...
Chinese Stocks on Brink of Correction as Investor Patience Wanes
Market volatility has been rising as traders debate next move Property shares jump before housing ministry briefing Thursday Chinese stocks fell to the verge of a correction in a sign of growing disappointment over the pace of stimulus rollout. The CSI 300 Index ended...
New Zealand Inflation Slows to Lowest Rate Since Early 2021
Inflation rate of 2.2% now back inside RBNZ’s 1-3% target band Kiwi dollar falls as traders bet on another big rate cut New Zealand’s annual inflation rate fell sharply in the third quarter, returning to the central bank’s target band for the first time in more than...
Australia’s Largest Pension Says China Boom Times Have Finished
Melbourne-based AustralianSuper manages over A$341 billion CIO Mark Delaney speaks at Bloomberg event in Sydney China’s latest bout of stimulus may help stabilize the country’s property crisis but investors should position for the end of the economy’s boom years, says...
China Leaves Economists Wanting More Action to Defeat Deflation
Finance officials vow to aid housing sector, local governments Much-anticipated briefing lacks immediate steps to lift demand China moved to further ramp up support for the economy, promising more aid for the slumping property sector and indebted local governments....