How would a gas stove ban affect wok cooking and the Asian American community?
When Charlene Luo was looking for a condo to buy in 2021, she had two nonnegotiable requirements: one, enough space to host friends for dinner; and two, a gas stove with the capacity to install a powerful range hood.Luo, a data scientist, cooks every day and hosts a supper club from time to time in […]
Bullish bets on Asian FX as easing of China COVID curbs boosts outlook
© Reuters. FILE PHOTO: Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Tejaswi Marthi (Reuters) – Bullish bets on the Singapore dollar and the Malaysian ringgit further consolidated to scale five-year highs as a fizzling U.S. dollar rally and China’s pivot from its strict COVID-19 curbs boosted […]
Market Update – January 25 – Asian markets return to hot AUD & NZD Inflation
Many Asian markets back (China & Taiwan remain closed all week) and higher today, NYSE suffered tech meltdown (250+ stocks paused trading on Open) US Stocks mixed following a raft of uninspiring Earnings. #MSFT had its weakest quarterly sales growth in 6-yrs but EPS beat. -0.22% on the day & -1.02% after hours. PMI data […]
GLOBAL MARKETS-European stocks edge higher, Wall Street futures flat
European stock indexes edged higher on Monday, while Wall Street futures struggled to make gains as investors weighed up recession fears with hopes that inflation could be past its peak. Liquidity was thin during Asian trading hours as markets in China, Hong Kong, Singapore, Malaysia, South Korea and Taiwan were closed for the Lunar […]
ICYMI – most Asian markets are closed for a holiday today
I posted over the weekend the heads up: On holiday today are markets in: And its a holiday in Wellington, New Zealand’s capital. — In as normal today are Australia and Japan. Interest and liquidity are much lower than normal. Despite this the USD is weaker pretty much across the major’s board. Gold is up: […]
Asian FX bulls jump to multi-year highs, spurred by China reopening: Reuters poll By Reuters
© Reuters By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp pivot from its strict COVID-19 curbs boosted investors’ appetite for strengthening long positions in regional currencies, a Reuters poll showed on Thursday. Long positions firmed on nearly all Asian emerging currencies, many of […]