phua02
voted
Happy Monday, Mooers!
The September FOMC meeting is approaching, and the market generally believes that a rate cut is highly likely, which will be a significant turning point in this year's monetary policy.
How will interest rate cuts affect the stock market? How will the S&P 500 index react? Come on mooers, let's try to predict its possible direction!
Prediction time!
Drop your insights in the comments section:
– What impact would a ...
The September FOMC meeting is approaching, and the market generally believes that a rate cut is highly likely, which will be a significant turning point in this year's monetary policy.
How will interest rate cuts affect the stock market? How will the S&P 500 index react? Come on mooers, let's try to predict its possible direction!
Prediction time!
Drop your insights in the comments section:
– What impact would a ...
2024 FOMC Meeting
Sep 19 02:30
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phua02
voted
$EPB (0317.MY)$
Full video on Youtube (Chinese version) -https://youtu.be/XUfbXeNKonM
Timetable of IPO
Figure 1: IPO timetable
Source: EPB Group Berhad IPO prospectus
-Will be listed on the ACE Board
Info of IPO
Enlarged no. of shares upon listing: 372M
IPO price: RM0.56
Market capitalization: RM208.32M
Estimated funds to raise from Public Issue: RM40.08M
PE ratio = 14.61x (ba...
Full video on Youtube (Chinese version) -https://youtu.be/XUfbXeNKonM
Timetable of IPO
Figure 1: IPO timetable
Source: EPB Group Berhad IPO prospectus
-Will be listed on the ACE Board
Info of IPO
Enlarged no. of shares upon listing: 372M
IPO price: RM0.56
Market capitalization: RM208.32M
Estimated funds to raise from Public Issue: RM40.08M
PE ratio = 14.61x (ba...
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phua02
voted
The dollar and Asian stocks fell as Biden announced his withdrawal from the 2024 US presidential election and supported He Jinli to take over.
The Bloomberg Dollar Spot Index $USD (USDindex.FX)$Fell 0.2% on Monday, with the Mexican peso rising.
Faced with constant pressure within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November election. The stock markets in Japan and South Korea opened lower, and the Australian stock market weakened. Hong Kong stock index futures held steady.
$Korea Composite Index (.KOSPI.KR)$
$Nikkei 225 (.N225.JP)$
$S&P/ASX 200 (.XJO.AU)$
$Hang Seng Index (800000.HK)$
The question facing investors is whether it is still necessary to stick to Trump's trade since Biden has abandoned his bid for re-election.
The market may experience significant volatility as traders wait to see if He Jinli can win the party's nomination while weighing whether she can gather enough momentum to challenge Trump's current lead in the polls.
"People's subconscious reaction is that this is not good for the US dollar, but it is still too early to draw conclusions," said Olga Yankovskaya, director of emerging market research and strategy at Credit Agricole CIB.
"This largely depends on Hua Jili's initial appearance, the choice of campaign partners, and the reaction of swing state polls."
On the commodity side, crude oil and gold prices rose in early trading.
Biden drops out of the race...
The Bloomberg Dollar Spot Index $USD (USDindex.FX)$Fell 0.2% on Monday, with the Mexican peso rising.
Faced with constant pressure within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November election. The stock markets in Japan and South Korea opened lower, and the Australian stock market weakened. Hong Kong stock index futures held steady.
$Korea Composite Index (.KOSPI.KR)$
$Nikkei 225 (.N225.JP)$
$S&P/ASX 200 (.XJO.AU)$
$Hang Seng Index (800000.HK)$
The question facing investors is whether it is still necessary to stick to Trump's trade since Biden has abandoned his bid for re-election.
The market may experience significant volatility as traders wait to see if He Jinli can win the party's nomination while weighing whether she can gather enough momentum to challenge Trump's current lead in the polls.
"People's subconscious reaction is that this is not good for the US dollar, but it is still too early to draw conclusions," said Olga Yankovskaya, director of emerging market research and strategy at Credit Agricole CIB.
"This largely depends on Hua Jili's initial appearance, the choice of campaign partners, and the reaction of swing state polls."
On the commodity side, crude oil and gold prices rose in early trading.
Biden drops out of the race...
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phua02
liked
The first New IPO signed in moomoo for the first time ❤️
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phua02
voted
The Employees Provident Fund (EPF) played a crucial role in supporting the livelihood of the people during 2020-2021 by providing a withdrawal facility amounting to RM61 billion.
In comparison, EPF approved the transfer of RM8.78 billion to Account 3 under the flexible withdrawal option. This highlights a significant effort by EPF to offer financial relief, with the main withdrawal facility being nearly seven times larger...
In comparison, EPF approved the transfer of RM8.78 billion to Account 3 under the flexible withdrawal option. This highlights a significant effort by EPF to offer financial relief, with the main withdrawal facility being nearly seven times larger...
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$MKHOP (5319.MY)$
Why is the P/E ratio low for general plantation stocks and the stock price still not going up? 😂
And being so close to Indonesia's new capital, are there no benefits?
Why is the P/E ratio low for general plantation stocks and the stock price still not going up? 😂
And being so close to Indonesia's new capital, are there no benefits?
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