The Indonesian stock market has rallied sharply since May 20, and the rupiah is turbocharging Indonesian assets with an extra 15% kick. But is the country opening at exactly the wrong time?
NetEase is the second Chinese company to launch a secondary listing in Hong Kong. It is unlikely to be the last.
The market continues to rise despite numerous negative catalysts, while Zoom beat all earnings expectations and guided higher.
Scrutiny of overseas listings and corporate purchases by Chinese companies is set to intensify.
Taking a chunk of Pfizer during this selloff, while Amazon has raised $10 billion in mixed-maturity debt and all eyes are on the government's response to civil unrest in the U.S.
Let's hope that the violence subsides, the valid voices of peaceful protesters are heard, and the lack of social distancing protocols does not lead to a resurgence in the spread of the virus.
Hong Kong stocks are sharply higher on Monday, but any rally is likely to be brief.
The Hong Kong treason law is knocking global markets. It's unclear how staunchly Western powers will defend the city's freedoms, and risk damaging China ties.
As the president's press conference on China approaches, there is ample reason for some risk-off behavior. Meantime, Zscaler's earnings beat is a good time to take a profit.
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.