Recent Posts

US equity futures decline while oil slides below $15

Bloomberg US equity futures fell alongside Asian stocks on Monday while European shares fluctuated as investors weigh the latest evidence the coronavirus is slowing and prepare for earnings season to ramp up. Treasuries rose with the dollar and oil plunged. Contracts on the S&P 500 slipped after American stocks posted the first back-to-back weekly gain since early February. The Stoxx ...

Read More »

Singapore stocks rally is pricing in virus bottom: Citi

Bloomberg The recent surge in Singapore stocks from a bottom at the end of March suggests investors are starting to price in a post-coronavirus recovery, according to analysts with Citigroup Inc. The Straits Times Index has climbed 17% since hitting its lowest level in more than a decade as recent economic indicators including exports and cargo volumes growth have begun ...

Read More »

Price glitch leads to slump in China stock index

Bloomberg The Shanghai Stock Exchange said a system upgrade was behind Monday’s rare index malfunction that had earlier showed a record slide in a gauge of health-care shares. The glitch was due to a change to its index-calculation system completed over the weekend, the exchange operator said in a statement posted on its social media account. It also apologised for ...

Read More »
Send this to a friend