Wall Street boosted by milder core CPI data
Wall Street enjoys its best session since early November following a weaker-than-expected core CPI print. The Magnificent 7 tech stocks together added more than $550bn in collective market cap. U.S. b...
16 Tammi 202526min
Tech stocks weigh on Nasdaq
Tech stocks including Nvidia and Meta drag the Nasdaq into the red for its fifth straight session. Investors now turn their attention to the CPI print following better-than-expected producer price dat...
15 Tammi 202525min
Global bond sell-off deepens
Global bonds continue to sell off with the U.S. Treasury bill now hitting a 14-month high. Meanwhile the 10-year JGB yield reaches its highest level since 2011. Wall Street is dragged down by tech sto...
14 Tammi 202525min
Dollar strength prompts PBOC's defence of yuan
The dollar index soars to its highest level since late 2022, prompting the PBOC to ramp up efforts in a bid to protect the yuan. Chinese trade data for December beats expectations. Asian equities star...
13 Tammi 202528min
Jitters over soaring global bond yields
Global markets are spooked by elevated yields with the 10-year Treasury yield sitting at a near-eight month high while UK Treasury seeks to reassure investors rising gilts. In China, yields also rise ...
10 Tammi 202527min
Global bond sell-off accelerates
The bond market sell-off continues around the world with the benchmark yield rising in the UK, Germany, Japan and the U.S. The 10-year yield is now at its highest level since April 2024. The Chinese e...
9 Tammi 202526min
Strong jobs, services data dampens Fed rate cut hopes
A strengthening services and jobs scenario Stateside again dampens expectations of further Fed rate cuts this year with tech stocks pushing U.S. indices down, with Nvidia hit by profit-taking. In the ...
8 Tammi 202525min
Nvidia's Huang outlines new ambitions at CES
Nvidia shares are at a record high as CEO Jensen Huang announces at CES his company’s ambitions to expand in robotics, gaming and autonomous vehicles. Samsung Electronics co-CEO Jong-Hee Han tells CNB...
7 Tammi 202528min
