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Featured AlphaTack Intel Article
Global Bonds Set for Worst Week in a Month as US-Iran Risks Rise
Global bond markets are heading for their worst week in a month as investors grow increasingly uneasy about a stalemate between the US and Iran. Yields climbed across major markets this week, with those on two-year US, German and UK bonds heading for the biggest...
– AlphaTack Intel Articles –
China’s Weaker-Than-Expected Inflation Fuels Demand Concerns
Consumer price index rose modestly for a fourth month Factory-gate prices in deflation streak since late 2022 China’s consumer prices rose less than expected in May and factory prices dropped for the 20th month in a row, stoking concerns over persistently weak demand....
South Korea’s Jobs Growth Cools to Slowest Pace Since 2021
South Korea’s labor market showed signs of cooling in May as employment growth slowed to its slowest pace in more than three years, a weak outcome that may support the case for authorities to consider adjusting policy. The number of new jobs increased by 80,000 in...
Pimco Warns of More Regional Bank Failures on Property Pain
Banks selling quality assets first to avoid big losses: Murray Pimco has been amassing property portfolios for 18 months Pacific Investment Management Co. expects more regional bank failures in the US because of a “very high” concentration of troubled commercial real...
Chinese Stocks Slump as Economic Concerns Spoil Investor Mood
Indexes in mainland China, Hong Kong among top losers in Asia Weak travel spending data, geopolitical risks hurt sentiment Chinese stocks dropped after traders returned from a long weekend as a slew of negative developments weighed on sentiment. The CSI 300 Index of...
Japan’s Sputtering Economy Yet to Show Clear Signs of Recovery
Inventories revised to show slightly bigger contribution Net exports tweaked a tad to reflect larger drag on growth Japan’s economy showed scant sign of a clear recovery with its narrower-than-first-estimated contraction leaving plenty of reason for continued caution...
Australian PM’s Support Slumps After Weak GDP Growth Figures
Poll shows Labor neck-and-neck with center-right opposition Australian election due to be held within the next 12 months Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration,...