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Market Talk – July 3, 2023

ASIA:   A private sector survey in China revealed that factory activity growth slowed in June due to concerns about sluggish market conditions. The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) dropped from 50.9 in May to 50.5 in June, indicating a marginal expansion. The index mark of 50 separates growth from contraction. The survey […]

Market Talk – June 30, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 45.10 points or -0.14% to 33,189.04 Shanghai increased 19.68 points or 0.62% to 3,202.06 Hang Seng decreased 17.93 points or -0.09% to 18,916.43 ASX 200 increased 8.40 points or 0.12% to 7,203.30 Kospi increased 14.26 points or 0.56% to 2,564.28 […]

Market Talk – June 29, 2023

ASIA:   A recent report revealed that internet shutdowns in Manipur and Punjab, India, had a significant economic impact. The shutdowns cost the Indian economy an estimated $1.9 billion, led to a loss of $118 million in foreign investment, and resulted in approximately 21,268 job losses. This highlights India’s high risk of internet shutdowns, which […]

Ukraine & Russia Coup

Kiev’s Great Offensive has been unimpressive, to say the least.  Ukrainian Defense Minister Aleksey Reznikov has claimed that he has yet to deploy the bulk of its Western-trained forces he keeps in reserve for this much-touted counteroffensive against Russian forces. They have only been able to capture a few small villages quite some distance from […]

The Stolen Election – 2004

During a recent interview, Robert F. Kennedy was criticized for claiming that the presidential election was rigged. The interviewer became silent when Kennedy corrected him by saying he never commented on the 2020 US Presidential Election. Instead, Kennedy had been vocal about George W Bush stealing the 2004 election. It does not matter if someone […]

Market Talk – June 28, 2023

ASIA:   In the first five months of the year, China’s industrial firms experienced a significant decline in annual profits, with a 18.8% year-on-year slump. This decline follows a contraction of 20.6% in profits from January to April. The weakening demand and squeezed margins indicate that the country’s post-COVID economic recovery is faltering. Various indicators, […]

Market Talk – June 27, 2023

ASIA: In May, Asian bonds experienced a significant increase in foreign investments, with the highest monthly inflows in nearly two years. This surge was driven by expectations of a more moderate approach to monetary tightening by the U.S. Federal Reserve. Data from regulatory authorities and bond market associations revealed that foreign investors bought a net […]

Market Talk June 26, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 82.73 points or -0.25% to 32,698.81 Shanghai decreased 47.28 points or -1.48% to 3,150.62 Hang Seng decreased 95.84 points or -0.51% to 18,794.13 ASX 200 decreased 20.50 points or -0.29% to 7,078.70 Kospi increased 12.10 points or 0.47% to 2,582.20 […]

Market Talk – June 23, 2023

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 483.34 points or -1.45% to 32,781.54 Shanghai decreased 42.46 points or -1.31% to 3,197.90 Hang Seng decreased 328.38 points or -1.71% to 18,889.97 ASX 200 decreased 96.30 points or -1.34% to 7,099.20 Kospi decreased 23.60 points or -0.91% to 2,570.10 […]

Market Talk – June 22, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 310.26 points or -0.92% to 33,264.88 Shanghai closed Hang Seng closed ASX 200 decreased 119.40 points or -1.63% to 7,195.50 Kospi increased 11.07 points or 0.43% to 2,593.70 SENSEX decreased 284.26 points or -0.45% to 63,238.89 Nifty50 decreased 85.60 points […]