Wanda Pre-IPO Backers Reject Initial Offer for Repayment Delay Bonds Surge on CPI Surprise; Asia Stocks to Jump: Markets Wrap Oil Steady With Differing Views From IEA, OPEC Clouding Outlook Nigeria Cans Demonetization Program That Led to Cash Shortages Dollar Tumbles Most in a Year as Traders Bet on End of US Hikes Top Korean Banks Send Staff Abroad as Won Trading Goes Longer Singapore’s Sea Swings Back to Loss After New Rivals Take a Toll Bond Traders Shift to Aggressive Bets on 2024 Fed Cuts After CPI Tencent, Alibaba Earnings Hold Key to $44 Billion China Tech Run Ottawa extends deadline for Underused Housing Tax Women less likely than men to request a raise, negotiate salary: surveys Many Canadians 'uncomfortably close to broke': MNP Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones Canadian tech workers make 46% less than U.
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Asia Stocks Set to Gain as CPI Data, Fedspeak Loom: Markets WrapSummary of the latest news in the financial markets, including Asia stocks, failed trade talks, TSX index gain, FTX employee bonus demand, oil output projections, yen surge, emerging-market stocks, hedge fund activities, housing tax deadline extension, salary negotiation gender gap, and Canadian financial stress.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Treasury Yields Slide as Soft CPI Boosts View Fed Is Done Hiking RatesTreasury yields slide as soft CPI boosts view Fed is done hiking rates. Cathie Wood predicts US inflation rate will turn negative in 2024. Nvidia adds $200 billion as winning streak set to match record. Canada to 'carefully' review Glencore deal for Teck Coal Mines. Australian dealmakers rush to save $24 billion worth of deals. Israel latest: Gaza hospitals in focus as Biden urges restraint. Meta has more Wall Street fans than ever as rally nears 300%. Alphabet CEO Pichai grilled on record-keeping at Google Play trial. Investors are covering their short bets, sending stocks higher. Ottawa extends deadline for underused housing tax. Women less likely than men to request a raise, negotiate salary: surveys. Many Canadians 'uncomfortably close to broke': MNP. Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones. Canadian tech workers make 46% less than U.S.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Bonds Surge on CPI Surprise; Asia Stocks to Jump: Markets WrapBonds surge and Asian stocks are expected to jump as US CPI eases bets on more Fed rate hikes. Gold and copper prices rise. Treasury yields slide as soft CPI boosts the view that the Fed is done hiking rates. Cathie Wood predicts negative US inflation rate in 2024. Nvidia adds $200 billion to its value. Canada to review Glencore deal for Teck Coal Mines. Flybondi plans Brazil expansion after SPAC deal. US court ruling revives fight over solar panel tariff waiver. Ottawa extends deadline for underused housing tax. Surveys show women less likely to request a raise or negotiate salary. Many Canadians are financially stressed and tech workers make 46% less than their US counterparts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Bonds Surge on CPI Surprise; Asia Stocks to Jump: Markets WrapSummary of recent news including bond and stock market rallies, Japan's weakening economy, focus on Gaza hospitals, support for battery-management startup, and more.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Japan's Economy Slips Into Reverse Amid Weak Yen, InflationJapan's economy has slipped into reverse due to a weak yen and inflation. Bond traders are now making aggressive bets on 2024 Fed cuts after the CPI. Bonds have surged on the CPI surprise, while Asian stocks are expected to jump.
Source: BNNBloomberg - 🏆 83. / 50 Read more »