All of that bodes well for walmart which is forecast to report a 4 rise in sales. Results from the Worlds Largest retailer should also offer a glimpse into demand for back to school items. Traders are hoping that, despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail, jd. Com beat analysts forecast for Second Quarter revenue which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform and its users shopped more frequently as It Product Range expanded. It was a different story however for tencent where Earning Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weaker than expected growth. Domestic Gaming Revenue was little changed, a sign that the economic slowdown in
in order over the longer term. but right now there s no meaningful movement in the yields. if anything, we re pretty much the same. overnight we were seeing reports that there s a real appetite for short term bonds. how do you describe this phenomenon? you can see the appetite in the yield level compared to the official rates from the fed. so the t bill yields actually sit on the lower end of the range, which shows there must be a huge demand for them. and if you think about it, we re talking about yields of above 5% in totally risk free assets. you will get your money back, whatever. and it s in dollars. so investors in asia have no problem buying these securities. you know, 5% is something people haven t seen for a long time also. and it s a good level of saving for most people given the expected outlook for inflation. well, let s take a look at agriculture and south east asia
much of a of an impact. and you re right, there s still plenty of demand for us treasuries. i guess it might be a bit of a nudge for all of the authorities involved in the us to get the house in order over the longer term. but right now there s no meaningful movement in the yields. if anything, we re pretty much the same. 0vernight we were seeing reports that there s a real appetite for short term bonds. how do you describe this phenomenon? you can see the appetite in the yield level compared to the official rates from the fed. so the t bill yields actually sit on the lower end of the range, which shows there must be a huge demand for them. and if you think about it, we re talking about yields of above 5% in totally risk free assets. you will get your money back, whatever. and it s in dollars. so investors in asia have no problem buying these securities.