The reasons why I like the Shopee online shopping platform are many. Firstly, it offers a wide variety of product options, whether it's daily necessities or fashion items, it can meet my shopping needs. Secondly, the prices on Shopee are usually quite affordable, and I can find cost-effective products here. In addition, the shopping process on Shopee is simple and convenient, and the interface is user-friendly, allowing me to browse and purchase goods easily. Also, Shopee often has promotions an...

Today is March 15th. Last night, the US producer price index (PPI) data for February showed that inflation was heating up more than expected, causing the market to worry about continued inflationary pressure. PPI rose 1.6% year on year, the highest level since September last year. It increased 0.6% month-on-month, double market expectations, and the growth rate of core PPI (excluding food and energy prices) also accelerated month-on-month. The release of this data put pressure on the US stock market. In particular, technology stocks led the decline. The S&P 500 index and the Nasdaq index fell for the second day in a row, while the Dow Jones Industrial Average stopped three consecutive days.
Among technology stocks, Tesla plummeted by more than 4% for two consecutive days, while Microsoft reversed the market and rose more than 2% to a new record high. Chip stocks also generally fell. Nvidia fell nearly 5% during the intraday period and eventually closed down by more than 3%, while AMD dropped nearly 4% for two consecutive days. After the earnings report, Adobe declined by more than 10% in after-hours trading.
After the US inflation data was released, the price of US Treasury bonds accelerated, and the yield on ten-year US bonds rose by more than 10 basis points in the intraday period, reaching a two-week high. Meanwhile, the US dollar index also rebounded at an accelerated pace, hitting a new weekly high. Although US retail sales data showed a 0.6% month-on-month increase, it still fell short of expectations. Auto and parts dealers contributed the most to the month-on-month increase in retail sales, but the analysis showed that “actual” retail sales actually declined sharply after excluding the impact of inflation.
The crude oil market showed strong performance. Brent crude oil hit a four-month high, and U.S. crude oil closed for the first time in four months...

New Moomoo join the family.

Hi, mooers!
How time flies! Moomoo SG's wealth management has been a part of our journey for over two years now.
This year, we've enriched our partnership with diverse fund houses. To add to that, we're excited about our new Funds Talk column, which brings insights from four different fund houses on a range of subjects, including brand culture and investment strategies. This column offers mooers a direct line to these funds for a de...