In the week ending July 5, foreign investors poured a significant amount of money into Japanese stocks, totaling a net purchase of 916.05 billion yen, marking their most substantial weekly investment since January 12. This surge in investments was primarily fueled by a market rally and optimism surrounding the solid corporate earnings expected in the
Selling
The US Dollar experienced a decline of 0.80% last week, reaching its lowest level since mid-June. The upcoming release of the June inflation figures and Federal Reserve talks have created a sense of anticipation in the market. While there is a price in less than 10% probability of a rate cut in July, the odds
Thailand’s automotive landscape is shifting, with electric vehicles (EVs) taking the lead as the future of transportation. Chinese automaker BYD has recognized the potential of this market and is making strategic moves to solidify its position in Thailand. BYD’s decision to acquire a 20% stake in Rever Automotive, its local distributor, showcases its commitment to
The UK 100 stock index (cash) has been struggling for the past six trading days, with a significant downturn towards the critical support level of 8,110. Despite attempts to break above the key resistance area of 8,300, the index has failed to establish a new higher high, leading to concerns about a potential negative reversal
The recent announcement of Boeing’s plan to acquire Spirit AeroSystems in a $4.7 billion all-stock deal has sent shockwaves throughout the industry. This strategic move comes after months of negotiations aimed at resolving the crisis that has affected both companies. Boeing highlighted that the total deal value, including debt, stands at approximately $8.3 billion. This
Global equity funds experienced a surge in inflows during the seven days leading to June 26. This influx, totaling $21.65 billion, was the highest recorded in more than three months. Investors are optimistic due to expectations of moderating U.S. inflation levels, which could prompt the Federal Reserve to announce interest rate cuts. The U.S. central
In recent days, commodity markets have seen a resurgence in positive territory, with both silver (XAG/USD) and gold (XAU/USD) experiencing gains. The underlying factor behind this surge appears to be mounting concerns around geopolitical tensions in both the Middle East and Asia. News of a potential escalation on the northern border between Lebanon and Israel
Silver prices, represented by XAG/USD, have remained relatively stable on Wednesday, trading at $29.55 per troy ounce. This marks a slight increase of 16.02% since the beginning of the year. One key metric to evaluate the value of Silver is the Gold/Silver ratio, which stood at 78.93, indicating the number of troy ounces of Silver
The Pound Sterling has been fluctuating in the forex market, particularly against the US Dollar. The recent decline to 1.2700 against the USD can be attributed to the Federal Reserve’s indication of only one rate cut this year. This news has investors on edge, waiting to see how this decision will impact the GBP’s value
As Roaring Kitty, also known as Keith Gill, observes the fluctuating GameStop shares, he faces a tough decision regarding his substantial options position that is nearing expiration. His current holdings include 5 million GameStop common shares and 120,000 call options, representing 12 million underlying shares. The call options have a strike price of $20 and
GameStop recently made headlines by raising more than $2 billion through a successful stock sale. This move came at a time when the company was able to capitalize on a renewed interest in meme stocks, fueled by the resurgence of trader Roaring Kitty. By completing an at-the-market equity offering and selling 75 million shares, GameStop
GameStop shares took a steep nosedive, dropping over 14% on Monday, following a significant sell-off triggered by disappointing earnings and an underwhelming livestream by Keith Gill. The stock, which had already plummeted nearly 40% on Friday, hit a low of around $24 per share on Monday. The release of GameStop’s earnings report ahead of schedule