Adrian Cheng
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$HSI Futures Current Contract (HSIcurrent.HK)$ one bank in hei long Jian closed down run road already.
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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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Set a live reminder
Johor Plantations Group Berhad ("JPG") is targeting to debut on the Bursa main market on 7/9/2024 as the largest initial public offering ("IPO") so far in year 2024. The IPO subscription takes place from 6/12/2024 to 6/24/2024!
To provide investors with a better understanding of the company's development and future plans,Moomoo Malaysia has the opportunity to conduct a live session with the senior management of JPG on 6/21/2024 Fri 14:30 - 15:31 MYT.
Managing Director of JPG Mohd. Faris Adli Shu...
To provide investors with a better understanding of the company's development and future plans,Moomoo Malaysia has the opportunity to conduct a live session with the senior management of JPG on 6/21/2024 Fri 14:30 - 15:31 MYT.
Managing Director of JPG Mohd. Faris Adli Shu...
Moo-Live! Exclusive Online Q&A Session With JOHOR PLANTATIONS GROUP
Jun 21 01:30
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Apple Inc. announced a suite of new artificial intelligence (AI) features and a significant partnership with OpenAI at their Worldwide Developers Conference (WWDC). This strategic move aims to integrate advanced AI capabilities into Apple’s ecosystem, making technology more personalized and accessible for users. The centerpiece of this announcement is the Apple Intelligence platform, which will enable text summarization, original image cre...
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$NVIDIA (NVDA.US)$ is releasing its Q1 earnings on May 22, after the U.S. stock market close. How will the whole market react to the AI giant's results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote will close ...
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote will close ...
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Morning mooers! The markets are bursting to all time highs, the $Dow Jones Industrial Average (.DJI.US)$ just burst through 40k for the first time, up about 0.2% after Noon EST.
Meme stocks are falling back to earth, here are stories about the moving stock market today.
$Walmart (WMT.US)$ climbed 5% after the firm's morning earnings beat, posting a revenue that grew 6%. The stock led the S&P 500 and Dow Jones in gainers.
$GameStop (GME.US)$ pulle...
Meme stocks are falling back to earth, here are stories about the moving stock market today.
$Walmart (WMT.US)$ climbed 5% after the firm's morning earnings beat, posting a revenue that grew 6%. The stock led the S&P 500 and Dow Jones in gainers.
$GameStop (GME.US)$ pulle...
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Wall street and statue of liberty✅
Feeling the magic of the New York Stock Exchange at Wall Street and seeing the Statue of Liberty in person, breathtaking to say the least💯
Would you wish to visit the Charging Bull one day?😁
Feeling the magic of the New York Stock Exchange at Wall Street and seeing the Statue of Liberty in person, breathtaking to say the least💯
Would you wish to visit the Charging Bull one day?😁
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$HSI Futures(DEC4) (HSImain.HK)$ was looking forward to a good return after a holiday break, suddenly its reduced to monday’s position… WHY!?!?
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Adrian Cheng
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