Asia Session-The day ahead

asia-session

Asia-Session Overnight Bullets -Asia: South Korea consumer confidence; Hong Kong trade -Treasury’s $57 bln 5-year sale mixed, tails to 0.397%, garners 2.38 cover -Treasury’s 2-year auction decent but mixed results, record $56 bln at 0.165% -U.S. flash Markit PMIs climb, manufacturing index at 56.7, best since Sep 2014 -Wall Street firmer on third vaccine candidate […]

Asia Open – Moderna sneaks ahead of Pfizer

Overnight Bullets Asia: Hong Kong unemployment seen rising to 6.7%; Singapore exports due  Fed VC Clarida: FOMC will continue assessing effectiveness of bond buying Wall Street rallied on Moderna vaccine news; tech is lagging Treasuries were relatively quiet as variety of factors monitored U.S. Empire State index fell -4.2 points to 6.3 in Nov from […]

The Week Ahead

Key Drivers for the Week of Nov 16 – Nov 20 • Vaccine hopes vie with record surge in virus cases and muddy economic outlook • Brexit talks front and center — “final final” deadline this week? • Focus on U.S. fundamentals: retail sales, production, manufacturing, housing data due • Fedspeak from Daly, Clarida, Barkin, […]

Trump who? We have a Vaccine!

A Biden Victory has the markets cheering. It seems it’s not only the majority of American’s but the markets the world over that are relieved to see Trump go. In addition Pfizer and BioNTech have reported positive results from 43,500 phase 3 trial tests. No safety issues have been reported thus far and the markets […]