Daily Synopsis of the New York market close – Feb 18, 2025
Date Issued – 18th February 2025
Preview
Asian stocks surged, led by Hong Kong markets, as a meeting between President Xi Jinping and business leaders, including Jack Ma, fueled hopes for a softened stance on private enterprise, driving a $1...
Daily Synopsis of the New York market close – Feb 17, 2025
Date Issued – 17th February 2025
Preview
Tencent surged to its highest since 2021 after integrating DeepSeek’s AI into WeChat, while Baidu slid nearly 9% on profit-taking. Asian central banks ramped up dollar forward contracts to defend...
Daily Synopsis of the New York market close – Feb 13, 2025
Date Issued – 13th February 2025
Preview
Asian markets are set for a mixed open as investors weigh optimism over US-Russia peace talks against lingering inflation concerns. Gold continues its climb toward record highs, supported by haven...
Daily Synopsis of the New York market close – Feb 12, 2025
Date Issued – 12th February 2025
Preview
Hon Hai (Foxconn) signaled interest in Renault’s 36% stake in Nissan, aiming to expand its EV ambitions, though risks to Nissan’s independence remain. Bond yields rose as Fed Chair Jerome Powell urged...
Daily Synopsis of the New York market close – Feb 11, 2025
Date Issued – 11th February 2025
Market Overview
Markets saw significant moves this week, starting with US Steel shares surging 6% on Trump’s proposed 25% steel tariffs, boosting domestic producers but raising concerns for industries reliant on...
Daily Synopsis of the New York market close – Feb 10, 2025
Date Issued – 10th February 2025
Preview
China has launched a pilot program allowing insurers to invest in gold for the first time, unlocking up to $27.4 billion in potential demand. Separately, the country will transition to market-based...
Daily Synopsis of the New York market close – Feb 7, 2025
Date Issued – 7th February 2025
China’s Private Oil Refiners and Global Market Impacts
China’s private oil refiners, or “teapots,” have cut operating rates to 43.64%, the lowest since March 2020, as U.S. sanctions on Russian oil disrupt supply...
Daily Synopsis of the New York market close – Feb 6, 2025
Date Issued – 6th February 2025
Preview
Mitsubishi UFJ Financial Group (MUFG) is set to achieve record profits of ¥1.75 trillion ($11 billion) this fiscal year, driven by rising domestic rates, strong markets, and a weak yen. Despite a 39%...
Daily Synopsis of the New York market close – Feb 5, 2025
Date Issued – 5th February 2025
Preview
Toyota is expanding its EV operations in China with a new Shanghai unit set to produce 100,000 Lexus vehicles annually by 2027 while raising its profit forecast to ¥4.7 trillion ($30.7 billion) despite a...
Daily Synopsis of the New York market close – Feb 4, 2025
Date Issued – 4th February 2025
Preview
Palantir shares surged over 23% on strong 2025 revenue forecasts, fueled by rising AI demand and US defense contracts. Meanwhile, a strong US dollar has spurred $54 billion in outflows from emerging...
