Nvidia will release earnings tonight after the market close. (Photo by Jakub Porzycki/NurPhoto via … [+] Getty Images) NurPhoto via Getty Images Key Takeaways Nasdaq Leads Gains, Up 1%, With Retail Earnings Driving Market Sentiment Target’s Miss And Walmart’s Strength Highlight Shifting Consumer Behavior Trends Nvidia Earnings And Bitcoin ETF Options Dominate Today’s Market Focus…
China’s push to improve the finances of cash-strapped localities will mean they have less money to spend on big infrastructure projects because for the first time funds from the sale of new local government special bonds are being used to repay old loans. In March, Beijing said local governments could sell 3.9 trillion yuan ($539…
China has effectively banned domestic investors from buying offshore yuan bonds issued by local government financing vehicles through its trading link with Hong Kong, according to people familiar with the matter, in the latest move to contain risks from the debt-laden sector. The People’s Bank of China has asked the country’s brokerages and banks to…
Asian shares turned higher, with a rally in heavyweight Samsung Electronics Co. Ltd. offsetting earlier weakness stemming from reduced expectations for Federal Reserve policy easing. A key gauge of the region’s equities rose 0.3%, aided by Samsung Electronics’ gains after South Korea’s biggest firm announced a surprise stock buybackBloomberg Terminal plan. Shares in Hong Kong…
As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will declare its third…
After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on interest-rate cuts cooled the Trump trade euphoria that drove Wall Street to records. With the world’s most important central banker in no hurry to ease monetary policy thanks to a still-robust labor market and strong economic data, bond…
Supply Lines is a daily newsletter that tracks global trade. Sign up here. China wields new powers as it confronts the prospect of another trade conflict with the US, expanding its retaliatory reach in recent years to include tools capable of wreaking havoc on global commerce and finance. Source link
Worries around overheating stocks took over the narrative on Tuesday, underscoring the sense of froth in risky parts of the market that had surged after President-elect Donald Trump’s decisive election victory. A number of trades that took flight since last week faltered before key US inflation data to be released Wednesday. Small-cap stocks — which…
Traders are loading up on bets for further losses in the Treasury market in anticipation that Donald Trump’s pledged policies will rekindle inflation and keep US interest rates high. Open interest, an indication of futures traders’ positioning in the bond market, rose for a fourth-consecutive session in the two-year note contract, data released on Tuesday…
China started marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021. It’s offering the three-year and five-year securities with initial price guidance of about 25 basis points and 30 basis points over the respective US Treasury yields, according to people familiar with the matter. The Ministry…