Right now the BOJ has a problem. They have to hold together the bond market, which entails buying unlimited amounts of bonds to hold yield down and keep bonds from collapsing. The geniuses at the … Read more
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 315.82 points or -1.20% to 26,107.65 Shanghai decreased 48.68 points or -1.43% to 3,355.35 Hang Seng decreased 266.41 points or -1.22% … Read more
U.S. equities futures were moderately lower on Wednesday morning after the market staged a big midday reversal on Tuesday, with falling bond yields giving a boost to growth stocks, and ahead of a batch of … Read more
ASIA: India’s gold imports in June nearly trebled from year-ago levels on correction in prices and as jewelers replenished inventories after robust sales during a key festival, Reuters reported. Higher imports by the world’s second-biggest … Read more
Friend of Fringe Finance and well-known financial news contributor – as well as a 38-year veteran of markets Kenny Polcari has been kind enough to share his most recent thoughts on the market with our readers. I’ve … Read more
ASIA: China’s huge manufacturing and service industries just saw their first month of growth since February, according to surveys published Thursday, as Covid restrictions were eased in many cities. But the shadow of further lockdowns … Read more
ASIA: China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output and consumer spending. The official … Read more
ASIA: Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a source familiar with the G7 discussions said on Tuesday, … Read more
ASIA: China’s Premier Li Keqiang said that China’s economy has recovered to some extent, but its foundation is not solid. Speaking to state media he further added that China will strive to drive the economy … Read more
ASIA: China’s economy showed some improvement in June as Covid restrictions were gradually eased, although the recovery remains muted. Economic activity picked up in June after financial hub Shanghai lifted its lockdown, allowing businesses to restart … Read more