International Markets

US Open – Big China Tech to return to work on Feb 10th, Part of the curve inverted, eyes on Apple, Oil’s tumble continues, Gold ETF signals potential top

US stocks are looking at a positive open, rebounding after the worst day since October.  The coronavirus continues to spread as the amount of cases surge over 4,500 and the death toll rises to 106 people.  The market selloff is easing as expectations grow that we could see some Chinese businesse ...

Asia Morning Session: Financial Markets Go Viral

The rotation into haven positioning, seen in the holiday-thinned Asian markets yesterday, gathered momentum overnight. Fears about the global impact on economic growth, due to the Wuhan virus outbreak, saw Europe follow Asia lower, with Wall Street having its biggest fall in three months. German B ...

Analyst Views – Markets roiled as China virus spreads

Uncertainty over a virus outbreak in China and its spread around the world is roiling markets, sending stocks lower and investors scurrying into safe-haven assets. Investors are worried about the impact on both Chinese and global growth and cited a “sell now, ask questions later” approach. COM ...

Market’s Fears Spread Along With Wuhan Virus

The sense of serious concern about the economic effects of the Wuhan virus – evident on Wall Street Friday – has turned into something approaching panic in Asia this morning. China has taken the unprecedented step of extending the Chinese New Year holiday until February 2nd as it ramps up effo ...

Stocks shake off virus fears to punch higher on rosy earnings reports

U.S. stocks climbed on opening Friday, with equity benchmarks set to end the week mostly higher, despite anxieties around a fast-moving Asia flu outbreak that has seen death tolls rise in China. Investor optimism following quarterly results buoyed shares of companies like Intel Corp. and American ...

Asia Midday: Coronavirus Steals The Headlines

Coronavirus continues to steal the world’s headlines, with Chinese authorities quarantining additional cities around Wuhan. Chinese New Year public festivities were cancelled across the mainland and Hong Kong, with even Jackie Chan’s latest movie release, postponed. Mainland stock markets had ...

Correlations Profile | Major Asset Classes | 23 January 2020

Return correlations for the major asset classes have edged down in recent years, which implies that diversification opportunities have increased, if only marginally. The correlation readings are only modestly softer overall and for several asset class pairings it’s fair to say that nothing much h ...

Asia Morning: Asia Smells A Rat

With Chinese New Year starting tomorrow, bringing in the year of the rat, Asia clearly smells one with regional markets ignoring a positive overnight session on Wall Street and marking equities sharply lower today. The coronavirus outbreak in China is obviously the culprit. The fall-out of SARS in ...

Asia Morning: Coronavirus, an unwelcome America First development

Prepared by Jeff Halley, Senior Market Analyst The United States reported its first case of the Wuhan coronavirus overnight, an America First development that neither President Trump, nor US financial markets wanted. With Asia on the back foot over the coronavirus implications yesterday, SARS stil ...

US Open – Davos, Wuhan Virus pressures stocks and yields, Dax touches record high, Oil’s supply problem, Gold’s range, Bitcoin eases after CBDC think tank formed

A very busy week in Davos was kicked off by President Trump’s opening remarks that reiterated his “America First” motto, while making some positive strokes to this year’s overall green theme. President Trump’s impeachment is also beginning today in what will likely deliver a ton of headl ...