Nvidia Wednesday 23 August Nvidia is scheduled to release its second-quarter earnings after the close on Wednesday, with traders eagerly anticipating the latest update from this AI poster child. The success of Nvidia’s first quarter earnings report set up a period of massive outperformance for the stock and the tech sector as a whole. The […]


by Joshua Mahony
7 months ago

USD The US dollar secured another week of upside, concluding a fifth week of gains thanks to positive data reports and a hawkish Federal Reserve. Also, Chinese economic woes have triggered the influx of investors towards the haven US dollar with news of Evergrande filing for bankruptcy as it battles a debt crisis heaps more […]


by Adegbotolu Kehinde Erastus
7 months ago

Asian markets have once again provided a negative backdrop to trading, with the Hang Seng and Shanghai Composite both losing ground after an underwhelming rate cut from the PBoC. Those expecting 15-basis point rate cuts across both the one-year and five-year loan prime rates (LPR) were left underwhelmed when the PBoC opted to only adjust […]


by Joshua Mahony
7 months ago

Chinese economic concerns continue to weigh on investors today, with equity markets throughout Asia, Europe, and the US hit hard on the news that real estate giant Evergrande has filed for bankruptcy in the US. Coming at a time that has seen a number of Chinese firms under the microscope, Evergrande’s announcement is actually just […]


by Joshua Mahony
7 months ago

Markets throughout Asia and Europe have been seeing risk-off flows today, with ongoing concerns around Chinese stability coinciding with a set of FOMC minutes that provided a more hawkish stance than markets had been expecting. In yet another worrying development, the Beijing-based asset manager Zhongzhi has announced that they are in a liquidity crisis, raising […]


by Joshua Mahony
8 months ago

Markets appear to be in a more upbeat mood today, with slight gains in Europe expected to translate into a positive open in the US. Fears in China do remain prevalent as exhibited via the sea of red in Asia, with credit concerns arising after wealth manager Zhongrong missed payments on dozens of products. Losses […]


by Joshua Mahony
8 months ago

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