The S&P Global PMI Delivery Times Index showed the presence of delays driven by the disruptions in the Red Sea. Longer delivery times have been a leading indicator of rising goods inflation.
Detailed sector data further showed that half of the 14 sector and sector groups, for which suppliers' delivery times data are available, experienced a renewed lengthening of lead times in January. Producers of b...

In January, the SEC approved the trading of 11 spot Bitcoin ETFs on the 11th. This approval allows investors to diversify their portfolios with crypto exposure without worrying about the complicated issues of custody. Microsoft had overtaken Apple as the most valuable company for the first time since 2021, which may be largely due to its investment in generative AI, including a stake in ChatGPT. The EV sector also faces fierce competition;...

Good morning mooers! Here are things you need to know about today's market:
●US stock indices make modest gains on Friday but close the week in the red
●Construction industry to see growth and improved margins in 2024
●HLIB expects property sector to moderate in 2024
●Malaysia embraces revitalized southern corridor economic prospects
●Stocks to watch: Scientex, S P Setia, MYEG
-moomoo News MY
Wall Street Summary
U.S. stocks...

The continued impact of the recent Red Sea incident has aroused alarm about reflation. One reason for lower inflation in 2023 is the high base effect from the previous year, which may not be the case in 2024. The easing of the financial conditions index and record-high housing prices are the latest signs of inflation accelerating.
■ Sharp rise in shipping prices was a leading indicator of runaway inflation ...

Post-Christmas week will come and go without any major earnings reports but investors hungry for economic data will have a few reports to nibble on.
Wall Street will attempt a strong finish to a surprising — and at times frustrating — year for markets during the holiday-shortened week ahead, as 2023 draws to a close.
Investors are currently entering a favorable period for the markets, commonly known as the "Santa...