COVID is not ready to surrender

We thought we had made our escape from the ravages of COVID-19, no longer looking over our shoulders and keeping our distance. The restrictions came tumbling down, no more Safe Pass, face

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Black Monday in Asia on China risks

By Jeffrey Halley  It is turning into a Black Monday in Asia after US and European equity markets were pummelled on Friday, as China risks also rise again. Oil retreated again Monday

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Beijing reopening dulls NFP retreat

By Jeffrey Halley Wall Street had another schizophrenic day on Friday as May US Non-Farm Payrolls outperformed, rising by 390,000 jobs, slightly less than April, but well above market forecasts of 325,000.

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China Covid hopes boost Asia

By Jeffrey Halley  Asian markets are mostly positive Monday morning as Shanghai announced a raft of stimulus measures and both Shanghai and Beijing eased Covid-19 restrictions. The devil is in the detail

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PMI shocker from China, Fed hikes rates

By Jeffrey Halley  The extent of the impact of China’s Covid zero-policy on the domestic economy was highlighted Thursday morning as the Caixin Services PMI for April recorded its second-largest fall on

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Meta makes Asia feel better  

By Jeffrey Halley  Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too

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China GDP beat reveals cracks

By Jeffrey Halley With most of Europe, as well as Hong Kong, Australia and New Zealand on holiday on Monday, the focus has been on the tier-1 data releases from China. China

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