FOMC minutes reality check

By Jeffrey Halley    US markets got little solace, but more clarity, from the FOMC minutes overnight; the committee members remained highly focused on culling inflation, even if it was at the expense

/

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

/

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

/

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.

/

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

/

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

/

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

/
1 2 3 4 5 … 14