4/28/2021 3:56:03 AM GMT
Investors continue to reshuffle exposure ahead of today s US FOMC meeting, with equities trading sideways, the US Dollar rising modestly, and the long end of the US yield curve steepening. The scale of the shuffle, though, hints at caution and not panic. Assuming that the FOMC stays resolutely on message, I expect buy everything business as usual to return shortly thereafter.
US earnings continue to show impressive results, although I note that with so much good news built into equity prices, companies producing results on expectation are being punished in the short term. Tesla suffered that fate yesterday, and Microsoft s shares have been marked down in after-hours trading following its Q1 earnings release. Conversely, Alphabet s share price has risen this morning after releasing much higher than expected earnings after the Wall Street close. Despite the short-term noise, however, I suspect that assuming the FOMC contains no hints of a taper, buying the
Pre-FOMC shuffle continues
Posted 3 hours agoSharePrint
Investors continue to reshuffle exposure ahead of today’s US FOMC meeting, with equities trading sideways, the US dollar rising modestly, and the long end of the US yield curve steepening. The scale of the shuffle, though, hints at caution and not panic. Assuming that the FOMC stays resolutely “on message,” I expect buy everything business as usual to return shortly thereafter.
US earnings continue to show impressive results, although I note that with so much good news built into equity prices, companies producing results on expectation are being punished in the short term. Tesla suffered that fate yesterday, and Microsoft’s shares have been marked down in after-hours trading following its Q1 earnings release. Conversely, Alphabet’s share price has risen this morning after releasing much higher than expected earnings after the Wall Street close. Despite the short-term noise, however, I suspect that assuming the FOMC
Tuesday, 02 Mar 2021 07:05 PM MYT
In a research note today, the banking organisation said Malaysia’s exports to China rose by RM60 billion between 2016 and 2020, while exports to the US grew by RM28.6 billion and exports to Singapore expanded by RM27.7 billion. Reuters pic
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KUALA LUMPUR, March 2 UOB Group said the US-China trade tensions and the ongoing Covid-19 pandemic has benefited Malaysia’s exports as shipments to its top three trade partners, China, Singapore and the United States, had risen during the current period.
In a research note today, the banking organisation said Malaysia’s exports to China rose by RM60 billion between 2016 and 2020, while exports to the US grew by RM28.6 billion and exports to Singapore expanded by RM27.7 billion.