Snowball Derivatives Feed Chinas Stock Market Avalanche

SHANGHAISINGAPORE, Jan 23 Reuters China39;s plunging stock market is leading to losses on billions of dollars worth of derivatives linked to the country39;s equity indexes, forcing a vicious cycle of selling in stocks and futures contracts as market participants manage their risks. Stock markets in Hong Kong and in mainland China plunged on Monday, extending a […]
Read More

China Short Sellers Retreat, Contrarians Sense an Opportunity

Short interest slumps on U.S.listed China stocks Cheap and oversold market dials up riskreward equation Allocation story is over; stock pickers reign investors HONG KONG, Jan 24 Reuters Global investors aren39;t expecting much from China39;s economy this year, but some say the collapse in its already cheap stocks merits a wager on an eventual rebound and perhaps […]
Read More

Hong Kong Stocks Bounce on PBOC Announces RRR Cut, China Up

HONG KONG, Jan 24 Reuters Hong Kong stocks clocked their best day in more than two months on Wednesday after China39;s central bank said it will cut banks39; reserve ratio, a move expected to boost sentiment after a market meltdown earlier this week, while mainland stocks also bounced. Mounting hopes that Chinese authorities would come […]
Read More

FTSE 100 Gains; China Pledges Boost Sentiment, EasyJet Climbs

China stimulus hopes lift miners EasyJet climbs after forecasting smaller loss Endeavour Mining, Centamin rise on Liberum upgrade FTSE 100 up 0.3, FTSE 250 adds 0.7 Jan 24 Reuters The UK39;s bluechip index rose on Wednesday, buoyed by Chinaexposed stocks following measures taken by the central bank to support the economy, while shares in Easyjet […]
Read More

BOJ Policy Rate and 10Y Yield Target Unchanged, NZ Inflation Cooler Dec quarter, U.S. Indices Resume Upwards, Bitcoin Settled near 40K USD

Previous Trading Days Events 23 Jan 2024 The BOJ decided that the 0.1 policy rate will be maintained, an ultraeasy monetary policy as per the news yesterday. The decision was widely expected, as policymakers allow more time to see if wage rises will be able to keep inflation sustainably at its 2 target. The central […]
Read More

Oil Prices Wobble amid Weak Demand, Sturdy Dollar

BEIJING, Jan 24 Reuters Oil seesawed between modest falls and gains on Wednesday as traders weighed the impact on prices stemming from escalating geopolitical tensions, concerns over tepid demand and a stronger dollar. The frontmonth March contract for Brent crude rose 4 cents to 79.59 a barrel at 0712 GMT. U.S. West Texas Intermediate crude […]
Read More

Rate Cut Hopes Fuel Bets Real Estate Crisis is Easing

Real estate shares and bonds rebounding Rallies vulnerable to central banks dousing rate cut bets Property price collapse moderating, gains expected by 2025 Debt fears and high office vacancies still weigh on sector LONDON, Jan 24 Reuters Commercial property stocks and bonds are rallying as forecasters widely predict the end of a market slump triggered […]
Read More