Coffee Break World View 24 May
(World and India News – Tomorrows News Today)
QUOTES
WORLD MARKETS 24th ?MAY ?Scroll down (data go to www.truedata.in)
WORLD NEWS
Japan's core inflation slowed for a second straight month in April, likely signaling that the Bank of Japan will be patient in raising interest rates as consumption remains fragile.
UK consumer confidence strikes highest level since Dec 2021
US new home sales fall in April; prices rise from year ago
US labor market remains strong; housing market losing momentum
US Improved business activity casts doubt over rate cuts
U.S. stocks fall despite Nvidia boost
Nvidia's AI 'tipping point' to 'enviable' dominance
Bigger investors pouring money into emerging markets belie EM outflows
Thai exports return to growth in April, beat forecast
Growth across UK business dips in May, in early blow to Sunak, PMI survey shows
Euro zone May business growth at year high, PMI shows
UAE economy grew 4.3% in fourth quarter of 2023
French private sector activity unexpectedly contracts in May, PMI shows
Singapore posts fastest growth in 18 months as outlook improves
Singapore April core inflation at 3.1% y/y, matching forecasts
Nvidia’s now accounts for over 5% of the entire S&P500 capitalization - soared 7% out of hours forecast second-quarter revenue of some $28 billion, almost $2 billion above analysts' estimates, and it announced a 10-for-1 stock split. Its shares, which have tripled over the past year, jumped above $1,000 in extended trade and added another $140 billion in stock market value.
US implied equity volatility crater, with the VIX "fear index" plumbing its lowest since November 2019 on Thursday at just 11.54.
Sterling volatility perks up
?Stickiness in "core" UK April inflation readings on Wednesday have wiped out hopes of a June BoE rate cut
Two-month implied volatility for the euro/sterling pair popped up half a point to more than 4% for the first time in a month.
The UK stock market fell only 0.5% after the election announcement on Wednesday, although an index of UK utilities shares fell almost 6% on possible political risk in the sector.
In Asia, Chinese shares underperformed with losses of more than 1% in mainland and Hong Kong shares.
Today U.S. April weekly jobless claims, may flash business surveys for the U.S. and around the world from S&P Global, US April new home sales
U.S. corporate earnings: Intuit, Medtronic, Ross Stores, Deckers Outdoor
U.S. Treasury auctions 10-year inflation-protected securities, 4-week bills
(ECB) has all but promised a rate cut on June 6 even though inflation is still coming in above 2%.
Emerging market credit ratings are finally looking up again
South Africa: In the village of Komati, the party of Nelson Mandela is getting a decidedly frosty reception over coal plants.
India: Jewellery swaps prompt gold prices to fall.
TSX hits 3-week low as interest rate jitters hit commodities
Sinking volatility rings cross-asset complacency warning
Yellen wants G7 'wall of opposition' to China's excess industrial capacity
?Nvidia cuts China prices in Huawei chip fight, sources say
Kick-off show of the Rolling Stones' "No Filter" tour at Soldier Field in Chicago
Live Nation 'suffocates its competition,' US says in monopoly lawsuit
Samsung's HBM chips failing Nvidia tests due to heat and power consumption woes
US's Yellen expresses concern over rising living costs, FT says
US SEC approves exchange applications to list spot ether ETFs
Micron hit with $445 million US verdict in Netlist patent trial
Boeing sees free cash burn in 2024 as deliveries remain sluggish
Dollar set for weekly gain as rate cut bets ebb
JPMorgan to pay $100 million over CFTC trade reporting violations
G7 officials play down expectations on details of loan for Ukraine
Former US Marine pilot can be extradited, Australian magistrate rules
China's second day of war games around Taiwan tests ability to 'seize power'
Israeli forces kill 60 Palestinians in Gaza strikes, battle Hamas in Rafah
Seven dead in Russian strikes on Kharkiv as Kyiv pleads for weapons
South Korea, Japan unveil sanctions over alleged Russia-North Korea arms trade
Biden, Kenya's Ruto pledge protect democracy in Africa and beyond
U.S., allies call for Taiwan to be allowed to take part in WHO meeting
In riot-scarred New Caledonia, France's Macron delays voting reform
Scorching heatwave in India's Rajasthan kills nine
IMF, Pakistan make significant progress on new loan, IMF mission says
Philippines says China Coast Guard rules a provocation
At least 14 people were killed and three injured in a fire that broke out at a densely populated residential area in Hanoi early on Friday, police said.
Putin in Belarus to discuss security, tactical nuclear weapon exercises
Heavy rains return to southern Brazil, flooding even higher ground in Porto Alegre
Singapore Air tweaks seatbelt sign policy, alters route after turbulence incident
Chinese EV brands face steep ramp-up in Europe
Elon Musk now says he opposes US tariffs on Chinese EVs
Itochu unit signs renewable energy agreement with Google in Japan
Oil steady as investors weigh U.S. rate fears, firmer seasonal demand
Mondelez fined $366 million by EU for cross-border trade curbs
The 76th Cannes Film Festival - Screening of the film "Asteroid City"
Mandela's vision of Black unity fades as South Africa closes door to migrants
The cement industry is responsible for about 8% of planet-warming carbon dioxide emissions. Start-up Tao Climate says that by building houses from hemp, it can slash the carbon footprint of new homes.
DOJ sues to break up Live Nation, Ticketmaster
Morgan Stanley chairman James Gorman to step down
South Korea, Japan unveil sanctions over alleged Russia-North Korea arms trade
Heat wave in Veracruz
Mexico's 'heat dome' has already killed dozens of people as hotter days loom
US senators urge Canada to increase defense spending to NATO guideline
South Carolina residents participate in early voting during the Republican presidential primary
Louisiana lawmakers vote to reclassify abortion pills as controlled substances
Djokovic two wins away from ending 2024 barren run after reaching Geneva Open semi-final
Bruce Springsteen, Lana Del Rey, Raye honoured at Ivor song writing awards
Cher, Demi Moore entertain guests at glamorous Cannes fundraiser for AIDS
INDIA NEWS
India Sees Record Rise in Exports, Employment at 18-Year High in May: Report
领英推荐
Indian shares reverse gains as U.S. rate worries weigh
India's Adani Enterprises recovers to pre-Hindenburg levels. Adani Enterprises Ltd., have erased all the losses inflicted by a scathing short-seller report in early 2023
Adani Group Shares Rally, Enterprises Stocks Jump 8%
India's top airline IndiGo goes premium with business class foray
Google ties up with Foxconn to make Pixel phones in India, sources say
India's ITC misses Q4 profit estimates on tighter competition, weak demand
India May business growth robust as exports rise at record pace, PMI shows
Reliance, Disney seek India antitrust nod with cricket rights assurance,
India's Mamaearth parent Honasa posts Q4 profit on strong demand for skincare products
Financials power India's Nifty, Sensex to record closing highs
Google Pay Announces "Buy Now, Pay Later" Scheme
Ola CEO Bhavish Aggarwal on Wednesday said that his company's entire workload has now been shifted from Microsoft Azure to its homegrown Krutrim cloud.
India needs lower tax on recruitment services to boost jobs, says industry body
Seven dead in south India after heavier than normal pre-monsoon rains
South Asia faces extreme weather with heatwave in India, cyclone in Bangladesh
India's poll panel orders Modi's BJP, opposition Congress to show restraint in campaign
School Bomb Scare Originated from Students' Online Gaming Chat Group: UP Cops
Heat Waves Linked To Climate Change Cause Massive Food Waste
Bangladesh MP Murdered By Illegal Immigrant, Who Peeled Skin, Chopped Body:The West Bengal CID has made a significant breakthrough in the investigation of the gruesome murder of a Bangladesh MP Anwarul Azim Anar.
Seven people were killed and 20 others injured after their mini-bus collided with a truck on the Delhi-Jammu National Highway on Friday morning.
A top Indian official, Kamal Kishore started his term as UN Secretary-General Antonio Guterres's special representative for disaster risk reduction.
Top Kuki-Zo Body WKZIC Trashes Move To Ban It, Manipur Government Pushes For Anti-Terror Law UAPA
108-Foot Flagpole With Tricolour Mounted Near Line Of Control In J&K
The Election Commission has issued a strict warning to Congress candidate from Jalandhar Charanjit Singh Channi for violating the Model Code of Conduct, an official said.
A group of women train drivers, who suffered miscarriages while attending duties, has said the Railways Board should frame guidelines to transfer expecting female frontline workers to lighter or stationary jobs in offices
Delhi Cops File 2 FIRs After DU Walls Defaced With Poll Boycott Slogans
Class 5 Girl Dies By Suicide After Mother Denies Trip To Tourist Spot
Reversing SUV Runs Over Man In UP, Moves Forward And Does It Again
Rajnath Singh Returns Silver Crown, Says Make Jewellery For Poor Family
Kaamya Karthikeyan, a 16-year-old class XII student of Navy Children School in Mumbai, on becoming the youngest Indian and the second youngest girl in the world to summit Mount Everest from the Nepal side.
No Relief From Heatwave In Many States, Rajasthan's Barmer Sizzles At 48.8 Degrees
2 Candidates Declare Zero Assets In Fourth Phase Of Odisha Assembly Polls
?Mehul Choksi, a key accused in the multi-crore PNB scam, has told a special court here that he hasn't been able to return to India "due to reasons beyond his control" and hence cannot be declared a "fugitive economic offender".
In EVM Smashing Case, YSR Congress MLA Goes To Court For Anticipatory Bail
Incidents Of Stray Dog Attacks On Beachgoers On Rise In Goa: Report
Real Estate Regulator RERA Suspends Registration Of 20,000 Property Brokers
British Sikh Businessman Charged With Bribing Foreign Public Official
In Lok Sabha Polls, 121 Candidates Illiterate, 647 Only Class 8 Pass: Data
Madras Court Rejects Infosys' Petition On Discom's ? 6.73 Crore Demand
Former Maharaja Of Bharatpur Takes Wife, Son To Court Over Property Dispute
Lok Sabha Elections: 11 Candidates Older Than 80 Years, Says Report
Dozens Of Delhi Colleges Receive Bomb Threats, Nothing Suspicious Found
Four Labourers Buried Alive While Digging Well In Jharkhand: Cops
7 Maoists Killed In Encounter With Security Forces In Chhattisgarh: Cops
Man Jailed For Life For Repeatedly Raping, Impregnating Minor Stepdaughter
Lalu Yadav's Daughter Rohini Acharya Named In FIR Over Post-Poll Violence In Bihar
"It Was An Honour": Govinda Meets PM Modi, Shares Picture Online
Cyclone Remal To Reach West Bengal By Sunday, Heavy Rainfall Predicted In Odisha
After Bengaluru's 'Sunset to Sunrise' Rave, 86 Test Positive For Drugs
Heavy Rain Hits Kerala, Red Alert Issued for 2 Districts: Weather Office
Top Experts From IIT Helped Design India's Most Tamper-Proof EVMs
Andhra-Born Lawyer Jaya Badiga Appointed Judge In US County Superior Court
8 Killed, 60 Injured In Explosion, Fire At Chemical Factory In Thane
Delhi May Witness Hottest Poll Day As Mercury To Touch 47 Degrees
Tinkesh Kaushik Becomes World's 1st Triple Amputee To Reach Everest Base Camp
IIT Alumnus Jailed For Life For Murder Of Fashion Designer In 2008
100 Notices Against Bhavesh Bhinde, Mumbai Billboard Collapse Accused
11 Dead Due To Diarrhoea In Assam Tea Estate, Minister Expresses Concern
Video: In A First, Indian Air Force Lands Aircraft Using Night Vision Goggles
?WORLD MARKETS 24th ?MAY
STOCKS
Index?????????????? ??????????? Last???????????????? ??????????? ?? % Change
S&P 500?????????? ??????????? 5,267.84????????? ??????????? -0.74%Negative
Euro STOXX 50??????????? 5,037.60????????? ??????????????????????? --
FTSE 100????????? ??????????? 8,339.23????????? ??????????????????????? --
Nikkei 225?????? ??????????? 38,646.11??????? ??????????? -1.17%Negative
COMMODITIES
Future???????????????????????? Last???????????????? % Change
Gold???? ??????????????????????? 2,371.20????????? +1.55%Positive
Copper??????????? ??????????? 890.75 ??????????? +0.06%Positive
Brent Crude Oil?????????? 81.29?? ??????????? -0.09%Negative
CBOT Soybeans?????????? 1,239.00????????? -0.66%Negative
CURRENCIES
Exchange??????? Last???????????????? ??? % Change
EUR/USD???????? 1.0814 ??????????? +0.01%Positive
GBP/USD???????? 1.2692 ??????????? -0.04%Negative
JPY/USD?????????? 0.0064 ??????????? -0.09%Negative
CNY/USD???????? 0.1380 ??????????? -0.04Negative
YIELDS
Name????????????? Yield??? ??????????? Change
US 10Y ??????????? 4.467?? ??????????? -0.008
DE 10Y ??????????? 2.589?? ??????????? -0.012
UK 10Y ??????????? 4.258?????????????? -0.007
JP 10Y????????????? 1.006?? ??????????? +0.006