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China stocks ‘riding the dragon’s tail’ amid stimulus swings- MRB Partners By Investing.com
Investing.com -- China's latest round of stimulus has sparked a strong rally in local stocks over the past few weeks, but MRB Partners said China's earnings outlook remains weak, and it's too early to upgrade local stocks.
MRB Partners said…
Asia FX advances, dollar little enthused by hot CPI data By Investing.com
Investing.com -- Most Asian currencies rose slightly on Friday, while the dollar fell from two-month highs although hot consumer inflation data boosted bets on a smaller interest rate cut by the Federal Reserve.
But most regional currencies…
U.S. CPI Came in Hotter Than Expected in September
The September US CPI report reflects a slowdown in price pressures for the month, but annual headline and core inflation readings were still hotter than expected.
The headline CPI rose another 0.2% on a monthly basis, slightly above the!--sse-->…
TGI … more Fed speakers again today! Logan, Bowman, Goolsbee all on the agenda
I posted earlier:Logan and Bowman are prime candidates to drop the "pause" comments (IMO). None of the topics in any of these speeches seem to lead to observations about economics or politics. Maybe in any question and answer. 1345 GMT/0945…
Stellantis CEO Carlos Tavares to retire in 2026 as automaker struggles in North America By Reuters
Written by Nora Eckert DETROIT (Reuters) - Chrysler Stellantis (NYSE:) parent company confirmed on Thursday that CEO Carlos Tavares will retire at the end of his contract in early 2026 and announced major changes at top management as it…
Singapore’s central bank meets Monday, expected to maintain steady policy
The Monetary Authority of Singapore (MAS) is the country's central bank. The policy meeting is scheduled to be held on Monday, October 14.MAS is expected to maintain policy stability:Nine out of 10 analysts polled by Reuters expect the…
J&J talc bankruptcy stays in Texas despite ‘forum-shopping’ opposition By Reuters
Written by Dietrich Knuth NEW YORK (Reuters) - Johnson & Johnson's (NYSE:) subsidiary can pursue its third attempt to resolve tens of thousands of lawsuits alleging that its talc products cause cancer in federal bankruptcy court in…
Trump’s desire to trash the US dollar could be blocked by the Fed & China
High risk warning:
Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…
Bosch, Tenstorrent to collaborate on standardizing automotive chips By Reuters
Written by Max A. Cherny SAN FRANCISCO (Reuters) - German industrial giant Bosch will team up with U.S. chip startup Tenstorrent to develop a platform for unifying key elements of automotive chips, Tenstorrent executives said. Plans…
Biden and Netanyahu ‘made significant progress’ on limiting strike on Iran
A a report In Walla News weighs heavily on oil.It is said that:Prime Minister Benjamin Netanyahu and US President Joe Biden made significant progress during their phone call on Wednesday in reaching an understanding on the scope of Israel's…