#US_GDP #Yen/USD #NikeResults US GDP revised upwards, job market shows strength US GDP growth rates (Source: TRADINGECONOMICS.COM) What happened? In a recent development, the US first quarter GDP growth has experienced a significant upward revision, surging to 2%. Adding to the economic landscape, a separate report released recently revealed a decrease in initial...

#PowellTestimony #UKInflationShock #AlibabaCEO Powell testifies before the House Financial Services Committee  Unemployment Rate in The USA (Source: TRADINGECONOMICS.COM) What Happened? Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee, providing his semiannual report to Congress. Following the central bank's recent pause in its aggressive rate-hiking campaign, Powell emphasized that the...

#NoRateHike #AdobeResults #TeslaGains Topic #1: Fed keeps the interest rates at the same level Fed Fund Rate (Source: TRADINGECONOMICS.COM) What Happened? After 10 successive rate hikes, The US Federal Reserve delivered a widely expected decision by pausing its series of aggressive interest rate hikes. However, the central bank surprised many with its hawkish...

#SEC_Crypto #OilSupplyCut #AusRateHike  Topic #1: SEC sues Binance and Coinbase Coinbase price chart (Source: Google Finance) The US Securities and Exchange Commission (SEC) has launched lawsuits against two major cryptocurrency exchanges, Binance and Coinbase, alleging various forms of misconduct. Bitcoin, the leading cryptocurrency, experienced a 6% drop in value upon the announcement,...

#EuropeInflation #DebtCeiling #AlibabaChatBot Topic #1: Inflation in Europe drops to lowest level since February 2022 Inflation rates in Europe (Source: TRADINGECONOMICS.COM) What happened? Inflation in Europe has reached its slowest pace since the Russian invasion of Ukraine. According to the initial estimate from the European Union's statistics agency, consumer prices in the eurozone...

#AIEffect #SingaporeGrowth #USJoblessClaims Topic #1: The AI Effect on S&P500 S&P500 with and without AI Stocks (Till March 17) (Source: Societe Generale) While the S&P 500 appears to owe its gains this year to the success of Apple and other tech giants, a closer look reveals that without the emergence of artificial...

#ChinaProduction #Newmont_Newcrest #SIA_Results Topic #1: China’s economic data misses expectation China Industrial Production (Source: TRADINGECONOMICS.COM) What happened? China's economic data for April fell short of expectations, highlighting the country's uneven path to recovery from the impact of stringent Covid-19 restrictions. Industrial production in April grew by 5.6% year-on-year, lower than the 10.9% predicted...

#USInflation #BNBResults #AusSurplus Topic #1: US Inflation slips to the lowest level since 2021 US monthly inflation levels What happened? Inflation in the United States has slowed to its lowest rate in two years, according to the Consumer Price Index (CPI). The CPI index, which measures the cost of a basket of goods...

In this article we examine the key things that investors should look out for from Grab and Sea, as part of their upcoming Q1 earnings results. With a combined market capitalisation of over US$60 billion - Sea and Grab are arguably two of South East Asia’s most important and most...

After facing heavy selling pressure in 2022, big tech surprised analysts during the most recent April/May US earnings season - with Apple, Microsoft, Amazon, Meta, and Alphabet - all beating analyst expectations. Here is an overview of those earnings results and a look at where analysts think big tech heads...