The Financial Pope

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"Stocks in Asia are poised to open higher Wednesday as prospects for a de-escalation in the war in Ukraine underpinned r...
29/03/2022

"Stocks in Asia are poised to open higher Wednesday as prospects for a de-escalation in the war in Ukraine underpinned risk assets. Longer-dated Treasury yields retreated, and a key segment of the curve inverted for the first time since 2019."

Stocks in Asia are poised to open higher Wednesday as prospects for a de-escalation in the war in Ukraine underpinned risk assets. Longer-dated Treasury yields retreated, and a key segment of the curve inverted for the first time since 2019.

"U.S. stocks rose on Tuesday, with the Dow and S&P notching their fourth straight session of gains, on optimism some pro...
29/03/2022

"U.S. stocks rose on Tuesday, with the Dow and S&P notching their fourth straight session of gains, on optimism some progress was being made toward a deal to resolve the conflict between Russia and Ukraine."

U.S. stocks rose on Tuesday, with the Dow and S&P notching their fourth straight session of gains, on optimism some progress was being made toward a deal to resolve the conflict between Russia and Ukraine.

"A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday, marking the first such ...
20/01/2022

"A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday, marking the first such local listing as Singapore steps up a drive to emerge as a key venue for listings of this type."

A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday, marking the first such local listing as Singapore steps up a drive to emerge as a key venue for listings of this type.

"Chinese stocks rallied across the board as investors bet policy makers will ramp up easing in support of sectors hammer...
20/01/2022

"Chinese stocks rallied across the board as investors bet policy makers will ramp up easing in support of sectors hammered during months of regulatory crackdown and deleveraging."

Chinese stocks rallied across the board as investors bet policy makers will ramp up easing in support of sectors hammered during months of regulatory crackdown and deleveraging.

"China's economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs that ...
20/01/2022

"China's economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs that momentum is slowing on weakening consumption and a property downturn, pointing to the need for more policy support."

China's economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs that momentum is slowing on weakening consumption and a property downturn, pointing to the need for more policy support.

"President Joe Biden said it’s the Federal Reserve’s job to rein in the fastest pace of inflation in decades, and suppor...
20/01/2022

"President Joe Biden said it’s the Federal Reserve’s job to rein in the fastest pace of inflation in decades, and supported the central bank’s plans to scale back monetary stimulus."

President Joe Biden said it’s the Federal Reserve’s job to rein in the fastest pace of inflation in decades, and supported the central bank’s plans to scale back monetary stimulus.

"Oil prices on Tuesday climbed to their highest since 2014 as investors worried about global political tensions involvin...
19/01/2022

"Oil prices on Tuesday climbed to their highest since 2014 as investors worried about global political tensions involving major producers such as the United Arab Emirates and Russia that could exacerbate the already tight supply outlook."

Oil prices on Tuesday climbed to their highest since 2014 as investors worried about global political tensions involving major producers such as the United Arab Emirates and Russia that could exacerbate the already tight supply outlook.

"Microsoft Corp. is buying Activision Blizzard Inc. in a $68.7 billion all-cash acquisition, uniting two of the biggest ...
19/01/2022

"Microsoft Corp. is buying Activision Blizzard Inc. in a $68.7 billion all-cash acquisition, uniting two of the biggest forces in video games. It’s the software maker’s biggest deal ever, almost three times as large as the 2016 purchase of LinkedIn. Here are five key reasons why it happened."

Mobile, metaverse and bypassing Apple’s App Store fees are key to the purchase

"Benchmark U.S. Treasury yields jumped to two-year highs and equity markets tumbled on Tuesday, with the Nasdaq falling ...
19/01/2022

"Benchmark U.S. Treasury yields jumped to two-year highs and equity markets tumbled on Tuesday, with the Nasdaq falling more than 2%, as traders braced for the Federal Reserve to tackle fast-rising inflation by tightening monetary policy."

Benchmark U.S. Treasury yields jumped to two-year highs and equity markets tumbled on Tuesday, with the Nasdaq falling more than 2%, as traders braced for the Federal Reserve to tackle fast-rising inflation by tightening monetary policy.

"Positive indicators, including the declining jobless rate, have shown that national economic growth of 5.5%-6.5% this y...
19/01/2022

"Positive indicators, including the declining jobless rate, have shown that national economic growth of 5.5%-6.5% this year can be achieved, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz."

Positive indicators, including the declining jobless rate, have shown that national economic growth of 5.5%-6.5% this year can be achieved, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

"A global selloff in stocks continued in Asia on Wednesday following a surge in Treasury yields as the prospect of Feder...
19/01/2022

"A global selloff in stocks continued in Asia on Wednesday following a surge in Treasury yields as the prospect of Federal Reserve monetary tightening to fight high inflation weighs on markets."

A global selloff in stocks continued in Asia on Wednesday following a surge in Treasury yields as the prospect of Federal Reserve monetary tightening to fight high inflation weighs on markets.

"The Thai baht slipped for a second session on Friday to its lowest in two weeks, leading declines along with the Philip...
07/01/2022

"The Thai baht slipped for a second session on Friday to its lowest in two weeks, leading declines along with the Philippine peso as pressures from an increasingly hawkish U.S. Federal Reserve weighed on risk-sensitive Asian markets."

The Thai baht slipped for a second session on Friday to its lowest in two weeks, leading declines along with the Philippine peso as pressures from an increasingly hawkish U.S. Federal Reserve weighed on risk-sensitive Asian markets.

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