Author: cuong nguyen

Economy update It is manufacturing day, and the picture is mixed. Asian factory activity (China, South Korea and Japan) deteriorated in July, although the latter two were measured before the trade deals. In Europe, the sector’s index climbed to 49.8 and is now flirting with the critical 50 level. Headline inflation remained steady at 2%. […]

The FED continued to express caution and did not really signal firm cuts, and one of the biggest movers then was the USD rally against all peers. It is outshone by Comex copper which dumped 19% after another Trump wind back and changed its tariff parameters. APAC also drags on China’s NBS Manufacturing and non-Manufacturing […]

META Earnings Jumping back into options plays on earnings reports, the next one we are looking at is META. While there is a lot of uncertainty in both the markets in general, and with META itself, there is plenty of room to make money. As Zuckerberg continues to make a big push into AI development […]

Economy update Eurostat saw economic activity expand in the common currency area by 0.1% in 2Q on the previous quarter and 1.4% on the year. Both are below the 1Q readings. Germany’s economy contracted 0.1% quarter-on-quarter. Economic and consumer sentiments both improved in the Euro zone in July. Although the US central bank is widely […]

APAC struggled in continuing to join in the US/EU deal inspired Wall St glee and commentators abound on the threat to trade and inflation. This is magnified by Trump talking on a ‘world tariff’ rate of 15-20% on those that do not sign up by August 1st deadline. China extension talks seem to be progressing, […]

Investors remain buoyant after the weekend trade deal between the US and Europe, which sees the imposition of 15% punitive measures on European goods following the same measures introduced on Japan. Steel and aluminium tariffs remain at 50%. Trade talks between the US and China resume today, and the August 12 deadline is expected to […]

Economy Update Bourses are mixed after yet another all-time high in Nasdaq and S&P yesterday. Many believe that an EU trade deal will happen before the Aug 1 deadline, India has expressed a desire to do so, which keeps bulls in the driving seat. The lower jobless claims aided the US bourses, but the docket […]

Economy Update Bourses have a positive bias inherited from yesterday’s move. Alphabet shares pushed on by 3.0% in pre-market as revenue grew 14% YoY, but Tesla shares fall 6% as Musk admits there could be a "few rough quarters". Trade talks drown out much as US/EU deal looks set to go to the wire although […]

Economy Update US and Japan agree upon a 15% tariff, which is down from the threatened August 1st 25%. Japan also agrees $550m investment into US, but there is no change for aluminium and steel. Because a quarter of Japan’s exports to the US are made up of cars, Honda and Toyota surge by nearly […]

Economy Update APAC remains mixed over the morning session, with Europeans weaker along with a small US futures drift after the record highs of S&P and Nasdaq yesterday. Yesterday’s US buyers pre-empting Alphabet results on Wednesday gave most mega caps a boost with S&P getting very comfortable above 6k again. The EU appears to be […]