? after CNY ?

2021-02-12

? after CNY ?

GLOBAL MARKETS-Asia stocks pause at peaks, sustained by stimulus promise

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

GaryL
2021-02-13
GaryL
Prepare bullet and fly to the moon
Jfzarn
2021-02-14
Jfzarn
Oh really?
- teycwee:
  With so much liquidity in the market, I think the rally will continue

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":388784141,"tweetId":"388784141","gmtCreate":1613097292083,"gmtModify":1704878385124,"author":{"id":3557396351698356,"authorId":3557396351698356,"authorIdStr":"3557396351698356","name":"teycwee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>? after CNY ?&nbsp;</body></html>","htmlText":"<html><head></head><body>? after CNY ?&nbsp;</body></html>","text":"? after CNY ?","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/388784141","repostId":2110049375,"repostType":4,"repost":{"id":"2110049375","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1613009720,"share":"https://www.laohu8.com/m/news/2110049375?lang=&edition=full","pubTime":"2021-02-11 10:15","market":"us","language":"en","title":"GLOBAL MARKETS-Asia stocks pause at peaks, sustained by stimulus promise","url":"https://stock-news.laohu8.com/highlight/detail?id=2110049375","media":"Reuters","summary":"* Asian stock markets :\n* Markets mostly flat amid multiple holidays\n* Asia shares ex-Japan already ","content":"* Asian stock markets :\n* Markets mostly flat amid multiple holidays\n* Asia shares ex-Japan already up 10% this year\n* Treasuries rally on surprisingly soft CPI, dovish Powell\n* Oil eases after longest winning streak in two years\nBy Wayne Cole and David Henry\nSYDNEY, Feb 11 (Reuters) - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, though the promise of endless free money to sustain buying was reaffirmed by benign U.S. inflation data and a very dovish outlook from the Federal Reserve.\nAdding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.\nMSCI's broadest index of Asia-Pacific shares outside Japan\neased 0.1%, having climbed for four sessions straight to be up over 10% so far this year.\nJapan's Nikkei was shut after ending at a 30-year peak on Wednesday, while Australia's main index held near an 11-month top.\nFutures for the S&amp;P 500 and NASDAQ both dipped 0.1%, having again hit historic highs on Wednesday.\nStill, the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation, which eased to 1.4% in January.\nFederal Reserve Chair Jerome Powell said he wanted to see inflation at 2% or more before even thinking of tapering the bank's super-easy policies.\nNotably, Powell emphasised that once pandemic effects were stripped out, unemployment was nearer 10% than the reported 6.3% and thus a long way from full employment.\nAs a result, Powell called for a \"society-wide commitment\" to reducing unemployment, which analysts saw as strong support for President Joe Biden $1.9 trillion stimulus package.\nIndeed, Westpac economist Elliot Clarke estimated over $5 trillion in cumulative stimulus, worth 23% of GDP, would be required to repair the damage done by the pandemic.\n\"Historical experience provides strong justification to only act against undesired inflationary pressures once they have been seen, after full employment has been achieved, he said.\n\"To that end, financial conditions are expected to remain highly supportive of the U.S. economy and global financial markets in 2021, and likely through 2022.\"\nThe mix of endless Fed support and a tame inflation report was a salve for bond market pains and 10-year yields eased to 1.12% , from a 1.20% high early in the week.\nThat in turn weighed on the U.S. dollar, which slipped to 90.451 on a basket of currencies and away from a 10-week top of 91.600 late last week.\nThe dollar eased to 104.57 yen , from a recent peak 105.76, while the euro rallied to $1.2117 from its low of $1.1950.\nIn commodity markets, gold was sidelined at $1,839 an ounce\nas investors drove platinum to a six-year peak on bets of more demand from the automobile sector.\nOil prices took a breather, having enjoyed the longest winning streak in two years amid producer supply cuts and hopes vaccine rollouts will drive a recovery in demand.\n\"The current price levels are healthier than the actual market and entirely reliant on supply cuts, as demand still needs to recover,\" cautioned Bjornar Tonhaugen of Rystad Energy.\nBrent crude futures eased back 50 cents to $60.97, while U.S. crude dipped 48 cents to $58.20 a barrel.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GLOBAL MARKETS-Asia stocks pause at peaks, sustained by stimulus promise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGLOBAL MARKETS-Asia stocks pause at peaks, sustained by stimulus promise\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2021-02-11 10:15\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n* Asian stock markets :\n* Markets mostly flat amid multiple holidays\n* Asia shares ex-Japan already up 10% this year\n* Treasuries rally on surprisingly soft CPI, dovish Powell\n* Oil eases after longest winning streak in two years\nBy Wayne Cole and David Henry\nSYDNEY, Feb 11 (Reuters) - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, though the promise of endless free money to sustain buying was reaffirmed by benign U.S. inflation data and a very dovish outlook from the Federal Reserve.\nAdding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.\nMSCI's broadest index of Asia-Pacific shares outside Japan\neased 0.1%, having climbed for four sessions straight to be up over 10% so far this year.\nJapan's Nikkei was shut after ending at a 30-year peak on Wednesday, while Australia's main index held near an 11-month top.\nFutures for the S&amp;P 500 and NASDAQ both dipped 0.1%, having again hit historic highs on Wednesday.\nStill, the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation, which eased to 1.4% in January.\nFederal Reserve Chair Jerome Powell said he wanted to see inflation at 2% or more before even thinking of tapering the bank's super-easy policies.\nNotably, Powell emphasised that once pandemic effects were stripped out, unemployment was nearer 10% than the reported 6.3% and thus a long way from full employment.\nAs a result, Powell called for a \"society-wide commitment\" to reducing unemployment, which analysts saw as strong support for President Joe Biden $1.9 trillion stimulus package.\nIndeed, Westpac economist Elliot Clarke estimated over $5 trillion in cumulative stimulus, worth 23% of GDP, would be required to repair the damage done by the pandemic.\n\"Historical experience provides strong justification to only act against undesired inflationary pressures once they have been seen, after full employment has been achieved, he said.\n\"To that end, financial conditions are expected to remain highly supportive of the U.S. economy and global financial markets in 2021, and likely through 2022.\"\nThe mix of endless Fed support and a tame inflation report was a salve for bond market pains and 10-year yields eased to 1.12% , from a 1.20% high early in the week.\nThat in turn weighed on the U.S. dollar, which slipped to 90.451 on a basket of currencies and away from a 10-week top of 91.600 late last week.\nThe dollar eased to 104.57 yen , from a recent peak 105.76, while the euro rallied to $1.2117 from its low of $1.1950.\nIn commodity markets, gold was sidelined at $1,839 an ounce\nas investors drove platinum to a six-year peak on bets of more demand from the automobile sector.\nOil prices took a breather, having enjoyed the longest winning streak in two years amid producer supply cuts and hopes vaccine rollouts will drive a recovery in demand.\n\"The current price levels are healthier than the actual market and entirely reliant on supply cuts, as demand still needs to recover,\" cautioned Bjornar Tonhaugen of Rystad Energy.\nBrent crude futures eased back 50 cents to $60.97, while U.S. crude dipped 48 cents to $58.20 a barrel.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110049375","content_text":"* Asian stock markets :\n* Markets mostly flat amid multiple holidays\n* Asia shares ex-Japan already up 10% this year\n* Treasuries rally on surprisingly soft CPI, dovish Powell\n* Oil eases after longest winning streak in two years\nBy Wayne Cole and David Henry\nSYDNEY, Feb 11 (Reuters) - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, though the promise of endless free money to sustain buying was reaffirmed by benign U.S. inflation data and a very dovish outlook from the Federal Reserve.\nAdding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.\nMSCI's broadest index of Asia-Pacific shares outside Japan\neased 0.1%, having climbed for four sessions straight to be up over 10% so far this year.\nJapan's Nikkei was shut after ending at a 30-year peak on Wednesday, while Australia's main index held near an 11-month top.\nFutures for the S&P 500 and NASDAQ both dipped 0.1%, having again hit historic highs on Wednesday.\nStill, the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation, which eased to 1.4% in January.\nFederal Reserve Chair Jerome Powell said he wanted to see inflation at 2% or more before even thinking of tapering the bank's super-easy policies.\nNotably, Powell emphasised that once pandemic effects were stripped out, unemployment was nearer 10% than the reported 6.3% and thus a long way from full employment.\nAs a result, Powell called for a \"society-wide commitment\" to reducing unemployment, which analysts saw as strong support for President Joe Biden $1.9 trillion stimulus package.\nIndeed, Westpac economist Elliot Clarke estimated over $5 trillion in cumulative stimulus, worth 23% of GDP, would be required to repair the damage done by the pandemic.\n\"Historical experience provides strong justification to only act against undesired inflationary pressures once they have been seen, after full employment has been achieved, he said.\n\"To that end, financial conditions are expected to remain highly supportive of the U.S. economy and global financial markets in 2021, and likely through 2022.\"\nThe mix of endless Fed support and a tame inflation report was a salve for bond market pains and 10-year yields eased to 1.12% , from a 1.20% high early in the week.\nThat in turn weighed on the U.S. dollar, which slipped to 90.451 on a basket of currencies and away from a 10-week top of 91.600 late last week.\nThe dollar eased to 104.57 yen , from a recent peak 105.76, while the euro rallied to $1.2117 from its low of $1.1950.\nIn commodity markets, gold was sidelined at $1,839 an ounce\nas investors drove platinum to a six-year peak on bets of more demand from the automobile sector.\nOil prices took a breather, having enjoyed the longest winning streak in two years amid producer supply cuts and hopes vaccine rollouts will drive a recovery in demand.\n\"The current price levels are healthier than the actual market and entirely reliant on supply cuts, as demand still needs to recover,\" cautioned Bjornar Tonhaugen of Rystad Energy.\nBrent crude futures eased back 50 cents to $60.97, while U.S. crude dipped 48 cents to $58.20 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":3565055,"gmtCreate":1613187105460,"gmtModify":1680776837528,"authorId":3566169444998058,"author":{"id":3566169444998058,"authorId":3566169444998058,"name":"GaryL","avatar":"https://static.tigerbbs.com/528fb5afea5ab18c21c7ded16d25d53c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":388784141,"type":1,"supId":0,"prevId":0,"content":"Prepare bullet and fly to the moon","text":"Prepare bullet and fly to the moon","html":"Prepare bullet and fly to the moon","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":3568536,"gmtCreate":1613267288836,"gmtModify":1680776887888,"authorId":3574240097120980,"author":{"id":3574240097120980,"authorId":3574240097120980,"name":"Jfzarn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":388784141,"type":1,"supId":0,"prevId":0,"content":"Oh really?","text":"Oh really?","html":"Oh really?","likeSize":0,"commentSize":1,"subComments":[{"id":3570173,"gmtCreate":1613295260570,"gmtModify":1680776915032,"authorId":3557396351698356,"author":{"id":3557396351698356,"authorId":3557396351698356,"name":"teycwee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":388784141,"type":1,"supId":3568536,"prevId":0,"content":"With so much liquidity in the market, I think the rally will continue ","text":"With so much liquidity in the market, I think the rally will continue ","html":"With so much liquidity in the market, I think the rally will continue "}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/388784141"}