As we wrap up the final week of August, markets are increasingly confident in a soft-landing scenario. There is also growing optimism regarding potential support from the Chinese government to address the property market downturn. In notable crypto news, a US Court has reversed the SEC's decision on Grayscale's...

In this Weekly commentary, we will recap: The Surge in Bond Yields: What is Behind it and What it MeansBRICS: Adding New Members into the BlocNVIDIA's Winning Streak Continues: The Quarterly Results Are In The Surge in Bond Yields: What is Behind It and What It Means Over the past few weeks,...

In this Weekly commentary, we will recap China's property market turmoil and possible government policy actionsTakeaways from Minutes of the July FOMC Sea Limited Plunged after earnings report  China's property market turmoil and possible policy actions  China's real estate market, once the emblem of robust growth, is currently facing notable challenges. Country...

#USInflation #DisneyResults #BABA_Results US Inflation Experiences a Modest Uptick while Core Inflation Continues to Slow Down US Core Inflation Rates What Happened? Inflation in the United States experienced a modest uptick in July, marking a reversal from 12 consecutive months of decline. The broader measure of consumer prices climbed by 3.2% compared to...

The initial months of 2023 brought concerns of a banking crisis, recession fears, and unprecedentedly high rates. However, the markets continued to showcase their unpredictability. Against all anticipations, equities witnessed a significant increase during this period, with major tech stocks marking a notable comeback. On the other hand, global...

#USRating #AMZN_AAPL #ChinaPrivateSector Fitch downgrades United States, but no major impact anticipated US credit ratings from various agencies What Happened? In a significant move, Fitch Ratings, one of the major credit-rating agencies, downgraded the United States government's credit worthiness from AAA to AA+. This decision marks the second time in recent years that...

#TechEarnings #RateHike #SingaporeInflation Major tech companies publish Q2 results Returns chart for major Tech Stocks (Source: Google Finance) The second quarter of 2023 saw the Magnificent Seven tech giants - Meta, Alphabet, Microsoft, and Tesla - release their earnings reports, showcasing their performances and growth strategies in the current economic landscape. Meta, formerly...

The first half of 2023 has been an unexpected rollercoaster ride for the global financial markets. After a tumultuous 2022, marked by significant losses across asset classes, inflation spikes, and rapid rate hikes, investors entered the new year with a cautious outlook. However, the markets have defied expectations, showcasing...

#RecessionFear #Netflix_Tesla_JNJ #BankEarnings Goldman Sachs cuts probability of recession to 20% Probability of recession (Source: Wall Street Journal) What Happened? Amidst the ongoing debate about the possibility of a U.S. recession, Goldman Sachs has made a notable move by reducing the chances of an economic downturn. Jan Hatzius, the chief economist at Goldman...

#CryptoVictory #USInflation #EarningsSeason Ripple Lab’s victory over SEC XRP Price chart (Source: Google Finance) What Happened? In a significant legal victory for the cryptocurrency industry, Ripple Labs Inc has been ruled not to have violated federal securities law by selling its XRP token on public exchanges. The decision was made by U.S. District...