Are Bonds Really A Buy

Are Bonds Really A Buy By Russell Clark of the Capital Flows and Asset Markets Substack Every time I open twitter these days, I see someone saying “Here comes deflation and its time...

Japan bank lending picks up on demand to meet rising material costs

By Leika Kihara TOKYO - Japanese bank lending rose 1.8% in July from a year earlier, accelerating from the previous month, as some companies borrowed more to meet rising raw material costs amid a...

Bangladesh announces fuel prices jump, stokes inflation fears

By Ruma Paul DHAKA - Bangladesh raised fuel prices by up to 51.7% with effect from Saturday, a move that will trim the country's subsidy burden but put more pressure on already high...

Argentina's ambitious 'superminister' takes on economic crisis

By Eliana Raszewski and Lucila Sigal BUENOS AIRES - Asked about Sergio Massa, Argentina's new "superminister" for the economy, many Argentines perceive him as an opportunistic politician with...

Canada's Ivey PMI shows activity contracting in July

TORONTO - Canadian economic activity contracted in July for the first time this year as employment growth slowed and prices cooled, Ivey Purchasing Managers Index (PMI) data showed on Friday. The...

Futures Flat As Crushing 37bps Curve Inversion Screams Recession

Futures Flat As Crushing 37bps Curve Inversion Screams Recession US futures are mixed on Thursday, first trading in the red, then turning green before moving unchanged, as investors...

Irish services growth picks up, bucking euro zone trend

DUBLIN - Growth in Ireland's services sector accelerated for the first time in four months in July, a survey showed on Thursday, bucking the deteriorating trend seen across the euro zone as a...

Hong Kong's Hang Seng up 2% as tech stocks jump, Alibaba rises 5% ahead of earnings

Overnight in the U.S., the Dow Jones Industrial Average and the S&P 500 each gained more than 1%. Nasdaq Composite rose 2.59%, pulled higher by tech stocks. A better-than-expected services PMI...

Daly Dumps On Dovish Dreams But Stocks Scream Higher Anyway

Daly Dumps On Dovish Dreams But Stocks Scream Higher Anyway Reiterating what Fed Chair Powell said last week - and the market completely ignored - SF Fed's Mary Daly stated that the...

America's economic activity rose to a 3-month high: What's in store

Economic activity in the U.S. services industry rose to a three-month high in July in an unexpected rebound despite ongoing labor shortages and supply chain woes. The Institute for Supply...

WTI Reverses OPEC+ Gains After Big Surprise Crude Build

WTI Reverses OPEC+ Gains After Big Surprise Crude Build Oil prices have roller-coastered higher and now lower this morning following OPEC+'s decision to hike output minimally, and...

Services PMI Signals "Strong Likelihood" Of 3rd Straight Quarterly US GDP Contraction

Services PMI Signals "Strong Likelihood" Of 3rd Straight Quarterly US GDP Contraction After both ISM and S&P Global Manufacturing Surveys showed continued weakness in July, analysts...

Futures Jump, Bonds Slump As Taiwan Tensions Ease

Futures Jump, Bonds Slump As Taiwan Tensions Ease If yesterday morning markets were losing their mind over the potential risk of World War 3 ahead of Nancy Pelosi's arrival in Taiwan,...

Euro zone business activity contracted in July as customers stayed home

LONDON - Business activity in the euro zone contracted slightly in July for the first time since early last year as consumers reined in spending amid a cost-of-living crisis, according to a...

Spanish services sector growth slows slightly in July -PMI

MADRID - Activity in Spain's services sector grew in July at the slowest pace since March, with companies increasingly concerned about the impact of high inflation on businesses and the economy,...

Russian services sector records fastest output growth in over a year -PMI

MOSCOW - Russia's services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong domestic demand outweighed slumping export orders for...

China’s Services Sector Sees Best Growth Since Mid-2021

Caixin services PMI rose to 55.5 in July, the highest since April 2021, however, the survey showed foreign demand fell and companies cut staff for the seventh month in a row The post China’s...

Egyptian non-oil sector continues contraction, at slower pace

CAIRO - Egypt's non-oil private sector activity shrank again in July, but at a slower pace than June's two-year low, as demand remains weakened by inflation and shortages continue to put pressure...

UAE non-oil private sector picks up pace in July

DUBAI - The United Arab Emirates' non-oil private sector grew in July at its second-fastest pace this year as business activity picked up on strong demand and higher sales amid some discounting,...

Saudi non-oil private sector growth slows in July but stays solid

DUBAI - Saudi Arabia's non-oil private sector kept up a steady pace of growth in July, albeit slowing slightly from June, helped by increases in customer numbers, purchasing and output, a...

China’s Services Sector Defies Manufacturing Downturn In July- Caixin

By Ambar Warrick Investing.com-- China’s services sector grew at a faster clip in July from the previous month as it benefited from easing COVID-19 restrictions, a private survey showed on...

Japan's services sector nearly stagnates in July

TOKYO - Japan's services sector activity almost completely stagnated in July as rising inflation and growing economic uncertainty weighed on sentiment, while firms also said a boost from the...

China July services activity expands at quickest pace in 15 months

BEIJING - China's services activity grew at the fastest rate in 15 months in July as easing COVID curbs boosted consumer confidence, but foreign demand fell and companies cut staff for the...

What Happens Next? Nobody Knows

"What Happens Next? Nobody Knows – But It Doesn’t Look Good At All" By Michael Every of Rabobank Dire Straits So, there is no longer any Nancy Drew Mystery. US House Speaker Pelosi...

Canadian factory activity grows at slowest pace in two years

By Fergal Smith TORONTO - Canadian manufacturing activity lost further momentum in July as production and new orders declined for the first time since the early stages of the coronavirus...

Global Markets Slump With Terrified Traders Tracking Pelosi's Next Move

Global Markets Slump With Terrified Traders Tracking Pelosi's Next Move Forget inflation, stagflation, recession, depression, earnings, Biden locked up in the basement with covid, and...

In The Eye Of The Storm

In The Eye Of The Storm Authored by Clive Hale via 'The View From The Bridge' Substack, Will Powell pivot? And if so, when? Bear market rallies can engender even more superlatives...

UK consumers find a bit of confidence, still see high inflation, BofA says

LONDON - Bank of America (NYSE:BAC) said on Tuesday its British consumer confidence indicator rose two points in July to its highest since March although it remained consistent with a...

Miserable" German Retail Sales Crash The Most On Record As Europe Slumps Into Recession

"Miserable" German Retail Sales Crash The Most On Record As Europe Slumps Into Recession While it is now largely consensus that Europe is sliding into a recession, if not already in...

Dow Futures Little Changed, Earnings and NFP in Focus

By Oliver Gray Investing.com - U.S. stock futures traded flat during Monday’s evening deals, after major benchmark indices snapped three sessions of consecutive advance as market participants...

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