IBAFIN

China’s Consumer Price Index (CPI) has fallen more than expected, adding to concerns of deflation. This comes as President Trump continues to pressure the European Union to impose 100% tariffs on China and India in an effort to squeeze Russian President Vladimir Putin. Meanwhile, Microsoft is set to power its Office 365 Copilot with anthropic…

In today’s market wrap, we observe a moderate level of activity with overall trading volumes in line with the 5 and 20-day moving averages. Our floor flows are balanced but slightly tilted towards buying, driven by asset managers. Looking at the order flow, we see that liquidity providers (LOs) are slightly biased towards buying, with…

As the two main generals in the tech industry – NVIDIA (NVDA) and Microsoft (MSFT) – have been moving in opposite directions relative to the S&P 500 over the past few weeks, market observers are beginning to wonder if this could be a sign of a potential shift in the overall market. Last time we…

US pre-market stock movers were led by NVIDIA (NVDA) which jumped 0.8% after several of its Chinese customers received H20 licenses. Intel (INTC) also saw a gain of 0.5% due to leadership changes within the company. On the other hand, Dell (DELL) experienced a decline of 1% as its CFO will be resigning on September…

Gold prices have been on a tear lately, reaching levels not seen since April 2024. According to the Relative Strength Index (RSI), gold is currently at its most overbought level in months. The RSI, which measures the magnitude of recent price changes to determine overbought or oversold conditions, hit an impressive 80 on the chart.…

In today’s mid-day recap from Goldman Sachs, the investment bank highlighted some key trends in the stock market. According to their analysis, the floor is tilting towards buying discretionary stocks, while selling staples and utilities. The analysts noted that LOs (Luxury Goods) are the best-performing sector, with a gain of 15% in net demand. Within…

The US Supreme Court has made a controversial decision in favor of President Donald Trump’s immigration agenda, lifting restrictions on racial profiling by Los Angeles-area immigration agents. This move has sparked concerns about the court’s role in upholding civil rights and the potential for widespread discrimination against minority communities. In a 7-2 ruling, the Supreme…

Japanese Prime Minister Shinzo Abe has announced his resignation as president of the Liberal Democratic Party (LDP), paving the way for an emergency leadership election. According to TBS, final arrangements are being made for a leadership vote on October 4th. This unexpected turn of events comes just weeks after Abe won a rare fourth term…