In a year of slippery markets, the tape proved surprisingly sticky. Of course, the indices lost ground last week, with the S&P 500 slipping 3.4% exactly from the perch that skeptics would have bet, the level just above 4000 that marked the unseen but so far impenetrable from January 3rd. market peak. Still, where it …
Assess the risk/reward for the market through 2023, even if a recession awaits us Read More »
It’s been a bumpy week for stocks. The market came under pressure at the start of the week as investors worried that the elevated wage pressure seen in the November jobs report could push the Federal Reserve to raise interest rates higher than scheduled for next year to fight inflation. After a brief midweek respite, …
Dow has worst week since September as investors anticipate CPI and Fed meeting Read More »
One Canada Square in the heart of the Canary Wharf financial district between the Citibank building and the HSBC building on October 14, 2022 in London, United Kingdom. Mike Kemp | In pictures | Getty Images The UK government on Friday announced sweeping financial regulatory reforms that it says will overhaul EU laws that “stifle …
UK announces major overhaul of its financial sector in a bid to boost growth Read More »
Hong Kong movers: Real estate and tech stocks rise as optimism reopens CNBC Pro: Wall Street says a recession is coming. An investment pro names her favorite stocks to resist Wall Street pros are increasingly sounding the alarm about an impending recession. As economic growth slows and inflation stays high for longer, how should investors …
As the end of the year approaches, it may be time to reassess your finances. This year has been marked by record inflation and multiple interest rate hikes. As the Fed attempts to rein in inflation by raising interest rates, there is a strong possibility that the economy will teeter into recession in the coming …
Here are 4 money moves you should make to set yourself up for financial success in 2023 Read More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …
Markets could be volatile and looking for a catalyst in the week ahead as investors eye year-end trading in the lull ahead of the Federal Reserve’s Dec. 13-14 policy meeting. Stocks were higher last week, with the worst performing sectors of the year, communication services and consumer discretionary companies, leading the gains. The S&P 500 …
Markets looking for the next catalyst may worry for 2023 Read More »
Red lanterns hang on the street in Wan Chai, Hong Kong. (Photo by Zhang Wei/China News Service via Getty Images) China News Service | China News Service | Getty Images Hong Kong’s benchmark index climbed 26.6% in November – the Hang Seng Index the highest monthly gain since October 1998, near the end of the …
Hong Kong’s Hang Seng had its best month since 1998, but remains in bearish territory Read More »
Singapore and New York are ranked among the most expensive cities to live: EIU Singapore and New York have been ranked as the most expensive cities to live in this year, according to the Economist Intelligence Unit (EIU). EIU’s survey showed that the average price of goods in 172 major cities around the world rose …
Asia-Pacific markets fall as investors seek clarification on China’s Covid rule changes Read More »
Japanese yen strengthens after Powell’s comment on small bulls Temasek’s $245m FTX loss ‘damaged reputation’ of Singapore, Deputy PM says Singapore’s Deputy Prime Minister Lawrence Wong says the state’s sovereign wealth fund’s loss of $275 million investment in collapsed crypto exchange FTX is “disappointing and has caused reputational damage” of the city-state. But the loss …
Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises Read More »
