Japan's ruling Liberal Democratic Party (LDP) presidential election opened, the second round of voting, the LDP's former chief executive Shigeru Ishiba cold majority of votes, elected the new president of the LDP.The yen soared against the dollar, the Nikkei retreated and led global stock indexes to pull back. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $NASDAQ(.IXIC)$ $Nikkei 225 Exchange Traded Fund(NTETF)$ $SGX Nikkei 225 - main 2412(NKmain)$ Shigeru Ishiba's policy stanceShigeru Ishiba, in contrast to Japan's previous policies under the "Abe Economics", has put forward a ser

$Costco (COST)$ reported its Q4 FY2024 results after the 26th after-hours, and the overall performance has been fair, with basically little volatility after-hours.The company's shares are higher and the main trading force has been institutional as well.Earnings PerformanceRevenues of $79.70 billion, up 1.0% year-over-year and slightly below market expectations of $79.96 billion.Same-store sales growth increased 6.9% overall, above market expectations of 6.4%, with same-store growth in North America of 6.3%, above expectations of 6.0%, and same-store +9.3% in overseas territories, above market expectations of 8.6%.Same-store sales growth including fuel was 5.4%, above market expectations of 4.27%, including +5.3% in North America, above market expe

In the blink of an eye, September is almost over! During this month, we enjoyed a happy Mid-Autumn Festival and witnessed the strong resurgence of Chinese assets. Today, we’d like to invite all Tigers to summarize your September in one word, sharing your achievements and insights! 🐯🚗💰Last week, Chinese assets saw a broad surge, and the RMB appreciated significantly. Offshore RMB briefly broke the 6.98 mark against the U.S. dollar, hitting its highest level since May 2023. The A-shares, Hong Kong stocks, and Chinese concept stocks all rallied.The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rose by 12.81%, 17.83%, and 22.71%, respectively, with all industry sectors showing gains. In the Hong Kong market, the Hang Seng Index, Hang Seng China Enterprises Index, and Ha

Since July this year, weak economic data from the United States has further exacerbated market fears of a recession and led to greater volatility.However, as the market gradually stabilized, investors' expectations of a rate cut by the Federal Reserve in September became clearer and the market has fully priced in the possibility of a rate cut.From a macro perspective, economic data have been erratic, related to the different stages of the current economic cycle and the "green-tinged" policy environment.Currently, corporate earnings data provides a more micro perspective to help further understand market sentiment.9-5_EI InfographicOverall trend: Q2 earnings performance exceeded expectations, revenue growth and cost control to drive up net profit marginsAt the overall level, U.S. corporate

#JOLTS #Non-Farm Payrolls As investors eagerly await the release of Friday’s non-farm payrolls (NFP) data, there is growing speculation about the state of the U.S. labour market and its potential impact on the stock market. Recent job openings, quits, and services activity data suggest a complex picture of the labour market that could guide expectations for the NFP report. With job openings dropping to their lowest level since January 2021 and quits rates edging higher from 2020 lows, there are clear signs of moderation in the labour market that could influence Friday’s report and, in turn, stock market movements. Key Labor Market Indicators The latest data from the U.S. Bureau of Labor Statistics revealed that job openings fell by 237,000 in July to 7.673 million, below market expectation

Financial markets are grappling with a new wave of uncertainty as economic indicators point towards a slowing labor market and a potential economic slowdown. Despite expectations for Fed rate cuts, the mood among investors has turned cautious, as the prospect of rate reductions is overshadowed by fears of a more pronounced downturn. The most recent jobs report, which showed weaker-than-expected growth, has fueled concerns that the Fed’s efforts to tame inflation may have gone too far, potentially cooling the economy beyond desired levels. This analysis provides a recap of the latest market movements, explores potential future market scenarios, and outlines key catalysts that will shape market sentiment in the coming weeks. Labor Market Slows as Fed Rate Cuts Near The U.S. labor market show

Great topic! Let's delve into why the September curse appears to have been broken this year and analyze my portfolio's performance in light of this trend. Factors Contributing to the Broken Curse: Several factors likely contributed to the S&P 500's strong performance in September and the subsequent breaking of the curse: Robust Earnings Season: The third-quarter earnings season has been impressive so far, with many companies reporting better-than-expected results and raising their guidance. This positive earnings momentum has boosted investor sentiment and fueled market gains. Strong Economic Indicators: The U.S. economy continues to exhibit resilience, with key economic indicators like GDP growth, employment data, and consumer spending coming in stronger than anticipated. This suggest