Call it a day🥳

The Bank of Canada cut its key monetary policy rate to 4.50% Wednesday from 4.75%, leaving the door open for more rate cuts. Governor Tiff Macklem said it is "reasonable" to expect further easing if the economy and inflation evolve as expected.
So what exactly is the BOC expecting?
The central bank expects a soft landing in Canada, adding there is room for the economy to grow even as inflation eases, partly because of the excess suppl...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,368.10, down 0.15% from previous.
● BMO economist kavcic doubts BOC rate cut this week will significantly relieve housing market
● Trans Mountain prepares for bond issue as Canada eyes future sale of pipeline
● Oil prices stabilize amid U.S. political uncertainty and potent...

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Is this the most important chart for US equities?
It might not look like much but the regime just shifted.
What is this chart ?
It shows the change in the S&P 500 in % from a 1 daily standard deviation *rise* in US real GDP growth, holding all other factors constant (I.e the sensitivity of SP500 to US real GDP)
This was bobbling around in negative territory ("bad news is good news" regime).
Now it has turned positive ("bad news is bad news")
[How ...

It is the “main artery” of 5G data centers, and Malaysia Telecom can win alone if it has optical fiber
(Kuala Lumpur, 24th) Optical fiber is the “aorta” of 5G and digital centers. Market participants believe that regardless of the risks involved, Malaysia Telecom (TM, 4863, Main Board Trade Services) can profit from it, so they give it a separate “buy” rating.
Research analysts at Hong Leong Investment Bank pointed out that in fact, the telecommunications sector index only rose 5% in the first half of this year, and its performance was far less than the 9% increase in the Malaysian Fushilong Composite Index. It was mainly dragged down by various downside factors, including insufficient dividend distribution and uncertainty about the 5G regulatory mechanism.
Despite this, analysts are still optimistic about the performance of the relevant sector in the second half of this year, mainly because no matter how the political trend evolves and whether a single wholesale network (SWN) or dual wholesale network model (DWN) is used, it will not be possible to prevent the launch of 5G.
In the first phase of SWN, Malaysia's 5G Special Use Company (SPV) - National Digital Corporation (DNB), as entity A, successfully achieved 80% 5G population coverage last year.
Also, as of June 1, apart from Malaysia Telecom, which is still awaiting shareholder notions, all four other telecom giants have completed share subscription agreements.
After signing, in addition to meeting the financial requirements of the DNB, telecommunications giants also formulated a series of policies and strategies to carry out the transition plan.
Analysts are optimistic that Entity B's 5G network will be better and more cost-effective, plus it can utilize existing...