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Featured AlphaTack Intel Article
London’s Family Offices Drew Mideast Money as Non-Doms Fled
London’s unsettled family office economy has drawn rising investment from wealthy Middle Eastern families in the past 18 months, providing a boost as other rich investors pull back. Firms managing multi-billion-dollar fortunes from the United Arab Emirates to Saudi...
– AlphaTack Intel Articles –
Australian Stocks Rally to Record High as Inflation Cools
S&P/ASX 200 Index exceeds closing high set in August 2021 Bonds jump with stocks, currency falls after CPI data Australia’s equity benchmark surged alongside bonds, closing at an all-time high after inflation data bolstered bets for monetary policy easing....
China Merges Hundreds of Rural Banks as Financial Risks Mount
Move affects 2,100 rural banks with $6.7 trillion assets Banks buffeted by bad loans, shrinking margin, slow growth China is embarking on its biggest consolidation in the banking industry by merging hundreds of rural lenders into regional behemoths amid growing signs...
Cadbury-parent Mondelez Q4 sales jump, volume drop weighs on shares
Jan 30 (Reuters) - Mondelez International (MDLZ.O) posted a rise in fourth-quarter sales on Tuesday, but price hikes took a toll on volumes as it squeezed demand for the Cadbury parent's chocolates and salty crackers, sending its shares down more than 2% after the...
Mexico’s Economy Slowed More Than Expected in Fourth Quarter, Putting Focus on Key Rate Cuts
Economy expanded 0.1% quarter-on-quarter, versus est. of 0.3% Domestic growth is slowing under high borrowing costs Mexico’s economy slowed more than forecast in the fourth quarter on waning exports and household consumption, fueling bets the nation’s central bank...
JPMorgan Quants Warn of Dot-Com Style Concentration in US Stocks
Share of top 10 stocks are nearing historical 2000 peak Strategists warn of a pullback led by top US equities The dominance of the 10 biggest stocks in US equity markets is increasingly drawing similarities with the dot-com bubble, raising the risk of a selloff,...
Chinese Fervor for Overseas Stocks Is Breaking ETF Trading
Inflows to ETFs with foreign exposure reached $1.3 billion Chinese retail investors risk being hit twice, says BI analyst Burned by years of underperformance in Chinese domestic stocks, local investor appetite for overseas equities is running so high that it’s fueling...