Five Things You Need to Know to Start Your Day

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Five Things You Need to Know to Start Your Day

Bloomberg2021-07-14

Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know. Piling on the Pressure The U.S. will warn ...

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WangMeiLi
·2021-07-14
I thought free interest rate?
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wayneho
·2021-07-14
Good strategy! thanks!
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- Mich77:
  liked
  2021-07-14
  Reply
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Yuenyee
·2021-07-14
?
Reply
1
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Targarean
·2021-07-14
Another smart move by AAPL ??
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1
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- JCBL:
  always a innovator!
  2021-07-14
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- Targarean:
  Yeah, thats why we like AAPL ?
  2021-07-14
  Reply
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yawn88
·2021-07-14
Comments please
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2
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- yawn88:
  Yup
  2021-07-14
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- Tenten:
  Good strategy!
  2021-07-14
  Reply
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henry0leu
·2021-07-14
Apple pay later, Apple later pay, later Apple pay
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1
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- henry0leu:
  later pay Apple
  2021-07-15
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- Targarean:
  Pay Apple Later
  2021-07-14
  Reply
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- 手可摘棉花:
  [LOL]
  2021-07-14
  Reply
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MCHAN
·2021-07-14
No surprise which everyone is facing
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Alihuat
·2021-07-14
Everyday many things happened... its a present..
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haoren
·2021-07-14
Nice article
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1
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Alihuat
·2021-07-14
I would think the aftershock of the interest rate is starting???
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3
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henghm
·2021-07-14
Like and comment
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3
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- CMK30:
  Ok
  2021-07-14
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henghm
·2021-07-14
Like and comment
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4
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- Jackosen:
  done
  2021-07-14
  Reply
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sohadeline
·2021-07-14
like pls, thanks
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6
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- ahjo79:
  Done
  2021-07-14
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GohKS
·2021-07-14
Latest. Please like and comment. Thank you.
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- Stchua:
  Done
  2021-07-14
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China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","article_id":"1187596380","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","pubTimestamp":1626220324,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Apple is working on a “buy now, pay later” service. 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And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":145294885,"gmtCreate":1626224571447,"gmtModify":1703755796272,"author":{"id":"3586311073884660","authorId":"3586311073884660","name":"WangMeiLi","avatar":"https://static.tigerbbs.com/e42c8291e5033a92ae3c00b91053172b","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3586311073884660","idStr":"3586311073884660"},"htmlText":"I thought free interest rate?&nbsp;","listText":"I thought free interest rate?&nbsp;","text":"I thought free interest rate?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145294885","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145659717,"gmtCreate":1626222411339,"gmtModify":1703755728927,"author":{"id":"4087641553073360","authorId":"4087641553073360","name":"wayneho","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4087641553073360","idStr":"4087641553073360"},"htmlText":"Good strategy! thanks!&nbsp;","listText":"Good strategy! thanks!&nbsp;","text":"Good strategy! thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145659717","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5213297,"gmtCreate":1626228343826,"gmtModify":1663230941628,"authorId":3581849551321020,"author":{"id":3581849551321020,"idStr":"3581849551321020","authorId":3581849551321020,"name":"Mich77","avatar":"https://static.tigerbbs.com/e68e0beedd6e067e59c605653c639699","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145659717,"type":1,"supId":0,"prevId":0,"content":"liked","text":"liked","html":"liked"}],"langContent":"EN"},{"id":145659940,"gmtCreate":1626222345280,"gmtModify":1703755727630,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087442949550080","idStr":"4087442949550080"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145659940","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145665384,"gmtCreate":1626221823948,"gmtModify":1703755708512,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3573540190522229","idStr":"3573540190522229"},"htmlText":"Another smart move by AAPL ??","listText":"Another smart move by AAPL ??","text":"Another smart move by AAPL ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145665384","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5212164,"gmtCreate":1626222969399,"gmtModify":1663230934327,"authorId":4087218051185710,"author":{"id":4087218051185710,"idStr":"4087218051185710","authorId":4087218051185710,"name":"JCBL","avatar":"https://static.tigerbbs.com/d52754657c86fcbf3892ea1fec33f39d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145665384,"type":1,"supId":0,"prevId":0,"content":"always a innovator!","text":"always a innovator!","html":"always a innovator!"},{"id":5215321,"gmtCreate":1626245370689,"gmtModify":1635229555476,"authorId":3573540190522229,"author":{"id":3573540190522229,"idStr":"3573540190522229","authorId":3573540190522229,"name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145665384,"type":1,"supId":5212164,"prevId":0,"content":"Yeah, thats why we like AAPL ?","text":"Yeah, thats why we like AAPL ?","html":"Yeah, thats why we like AAPL ?"}],"langContent":"EN"},{"id":145669685,"gmtCreate":1626221580747,"gmtModify":1703755699788,"author":{"id":"3587000727729343","authorId":"3587000727729343","name":"yawn88","avatar":"https://static.tigerbbs.com/a43cd510fa095def9524335eb17a1d8f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3587000727729343","idStr":"3587000727729343"},"htmlText":"Comments please","listText":"Comments please","text":"Comments please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145669685","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5211873,"gmtCreate":1626221602327,"gmtModify":1663230936535,"authorId":3587000727729343,"author":{"id":3587000727729343,"idStr":"3587000727729343","authorId":3587000727729343,"name":"yawn88","avatar":"https://static.tigerbbs.com/a43cd510fa095def9524335eb17a1d8f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145669685,"type":1,"supId":0,"prevId":0,"content":"<u>Yup</u>","text":"<u>Yup</u>","html":"<u>Yup</u>"},{"id":5211896,"gmtCreate":1626221725393,"gmtModify":1663230935238,"authorId":3586686286785362,"author":{"id":3586686286785362,"idStr":"3586686286785362","authorId":3586686286785362,"name":"Tenten","avatar":"https://static.tigerbbs.com/6aaa492013925eb5bfe2cb43461ebfe4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145669685,"type":1,"supId":0,"prevId":0,"content":"Good strategy!","text":"Good strategy!","html":"Good strategy!"}],"langContent":"EN"},{"id":145684917,"gmtCreate":1626221462539,"gmtModify":1703755694783,"author":{"id":"3582340692890078","authorId":"3582340692890078","name":"henry0leu","avatar":"https://static.tigerbbs.com/130d0c8cbc685bc99012d9c4782e4cff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582340692890078","idStr":"3582340692890078"},"htmlText":"Apple pay later, Apple later pay, later Apple pay","listText":"Apple pay later, Apple later pay, later Apple pay","text":"Apple pay later, Apple later pay, later Apple pay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/145684917","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5222999,"gmtCreate":1626307385300,"gmtModify":1663230984248,"authorId":3582340692890078,"author":{"id":3582340692890078,"idStr":"3582340692890078","authorId":3582340692890078,"name":"henry0leu","avatar":"https://static.tigerbbs.com/130d0c8cbc685bc99012d9c4782e4cff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145684917,"type":1,"supId":5211950,"prevId":0,"content":"later pay <u>Apple</u>","text":"later pay <u>Apple</u>","html":"later pay <u>Apple</u>"},{"id":5211950,"gmtCreate":1626221956585,"gmtModify":1663230934937,"authorId":3573540190522229,"author":{"id":3573540190522229,"idStr":"3573540190522229","authorId":3573540190522229,"name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145684917,"type":1,"supId":0,"prevId":0,"content":"Pay Apple Later","text":"Pay Apple Later","html":"Pay Apple Later"},{"id":5211951,"gmtCreate":1626221957573,"gmtModify":1635229962724,"authorId":3579342217954724,"author":{"id":3579342217954724,"idStr":"3579342217954724","authorId":3579342217954724,"name":"手可摘棉花","avatar":"https://static.tigerbbs.com/eb5d81ca4420febc27175fcd21eb90b2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145684917,"type":1,"supId":0,"prevId":0,"content":"[LOL]","text":"[LOL]","html":"[LOL]"}],"langContent":"EN"},{"id":145683995,"gmtCreate":1626221210817,"gmtModify":1703755686187,"author":{"id":"3582713638290409","authorId":"3582713638290409","name":"MCHAN","avatar":"https://static.tigerbbs.com/46f8c875509930334e40ad9bcaa1ac20","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582713638290409","idStr":"3582713638290409"},"htmlText":"No surprise which everyone is facing","listText":"No surprise which everyone is facing","text":"No surprise which everyone is facing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145683995","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145689598,"gmtCreate":1626221197514,"gmtModify":1703755685702,"author":{"id":"3575407991823828","authorId":"3575407991823828","name":"Alihuat","avatar":"https://static.tigerbbs.com/d450d741a6a78a315c768cda177843d8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3575407991823828","idStr":"3575407991823828"},"htmlText":"Everyday many things happened... its a present..&nbsp;","listText":"Everyday many things happened... its a present..&nbsp;","text":"Everyday many things happened... its a present..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145689598","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145680063,"gmtCreate":1626221123352,"gmtModify":1703755683276,"author":{"id":"3581803494981906","authorId":"3581803494981906","name":"haoren","avatar":"https://static.tigerbbs.com/959cadb42575ede705b330aa58d68a63","vip":1,"crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3581803494981906","idStr":"3581803494981906"},"htmlText":"Nice article","listText":"Nice article","text":"Nice article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145680063","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145611003,"gmtCreate":1626220890302,"gmtModify":1703755672737,"author":{"id":"3575407991823828","authorId":"3575407991823828","name":"Alihuat","avatar":"https://static.tigerbbs.com/d450d741a6a78a315c768cda177843d8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3575407991823828","idStr":"3575407991823828"},"htmlText":"I would think the aftershock of the interest rate is&nbsp;starting???","listText":"I would think the aftershock of the interest rate is&nbsp;starting???","text":"I would think the aftershock of the interest rate is starting???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145611003","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145634997,"gmtCreate":1626220700619,"gmtModify":1703755666085,"author":{"id":"3578451349447391","authorId":"3578451349447391","name":"henghm","avatar":"https://static.tigerbbs.com/ca41bf4eae57d98d93422d97c7246c98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3578451349447391","idStr":"3578451349447391"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145634997","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5211728,"gmtCreate":1626220966656,"gmtModify":1663230931744,"authorId":3574125117754882,"author":{"id":3574125117754882,"idStr":"3574125117754882","authorId":3574125117754882,"name":"CMK30","avatar":"https://static.tigerbbs.com/43c4c66c8dccee80d1a55babd7965c97","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.01.27","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145634997,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":145635862,"gmtCreate":1626220681656,"gmtModify":1703755665118,"author":{"id":"3578451349447391","authorId":"3578451349447391","name":"henghm","avatar":"https://static.tigerbbs.com/ca41bf4eae57d98d93422d97c7246c98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3578451349447391","idStr":"3578451349447391"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145635862","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5211809,"gmtCreate":1626221310382,"gmtModify":1663230931942,"authorId":3581544848503089,"author":{"id":3581544848503089,"idStr":"3581544848503089","authorId":3581544848503089,"name":"Jackosen","avatar":"https://static.tigerbbs.com/89f363319ae263a7271cb94a537d8d68","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145635862,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"}],"langContent":"EN"},{"id":145636686,"gmtCreate":1626220616845,"gmtModify":1703755662045,"author":{"id":"3581890280369523","authorId":"3581890280369523","name":"sohadeline","avatar":"https://static.tigerbbs.com/19da53f7b9a8ff8d0b015c5f5adc0982","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581890280369523","idStr":"3581890280369523"},"htmlText":"like pls, thanks&nbsp;","listText":"like pls, thanks&nbsp;","text":"like pls, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145636686","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5211643,"gmtCreate":1626220643686,"gmtModify":1663230932439,"authorId":3586395692177906,"author":{"id":3586395692177906,"idStr":"3586395692177906","authorId":3586395692177906,"name":"ahjo79","avatar":"https://static.tigerbbs.com/85419e6812d7faf5b04d4c725a416215","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145636686,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":145638447,"gmtCreate":1626220598689,"gmtModify":1703755661068,"author":{"id":"3555032609535572","authorId":"3555032609535572","name":"GohKS","avatar":"https://static.tigerbbs.com/ddc1a9348de7602d7224f258a5a3fa00","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3555032609535572","idStr":"3555032609535572"},"htmlText":"Latest. Please like and comment. Thank you.","listText":"Latest. Please like and comment. Thank you.","text":"Latest. Please like and comment. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145638447","repostId":1187596380,"repostType":4,"repost":{"id":"1187596380","kind":"news","pubTimestamp":1626220324,"share":"https://ttm.financial/m/news/1187596380?lang=&edition=fundamental","pubTime":"2021-07-14 07:52","market":"hk","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1187596380","media":"Bloomberg","summary":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a p","content":"<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.</p>\n<p><b>Piling on the Pressure</b></p>\n<p>The U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile,&nbsp;Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting&nbsp;China’s access to cutting-edge technology. And&nbsp;White House officials&nbsp;are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region.&nbsp;Six months into his presidency,&nbsp;Biden’s&nbsp;hard-edged China policy&nbsp;suggests relations between the world’s two biggest economiesare only going to get worse.</p>\n<p><b>Inflation Surprise</b></p>\n<p>Asian&nbsp;stocks&nbsp;are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures&nbsp;slipped in Japan and Hong Kong&nbsp;and were little changed in Australia. The S&amp;P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan&nbsp;and Goldman Sachs.</p>\n<p>The Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The&nbsp;dollar&nbsp;jumped.</p>\n<p><b>Buy Now, Apple Pay Later</b></p>\n<p>Apple is working on a new “buy now, pay later” service which would&nbsp;let consumers pay for any Apple Pay purchase in installments over time.&nbsp;The upcoming service,known internally as Apple Pay Later, will use&nbsp;Goldman Sachs&nbsp;as the lender for the loans needed for the installment offerings. This is how the company plans to make it work:&nbsp;When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person&nbsp;familiar with the plan said.&nbsp;The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.</p>\n<p><b>Slowdown&nbsp;Scrutiny</b></p>\n<p>After China’s&nbsp;surprise&nbsp;central bank supportlast week, key economic data released Thursday will bescrutinized&nbsp;for signsof a post-pandemic slowdown.&nbsp;Debate is growing over whether China will shift from its gradual monetary and&nbsp;fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and&nbsp;not a sign of a change&nbsp;in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come&nbsp;after new figures showedChina’s export growth unexpectedly picked upin June,&nbsp;accelerating&nbsp;to 32.2% in dollar terms&nbsp;from a year earlier, and&nbsp;overturning economists expectations of a slowdown to 23%.</p>\n<p><b>Hunger Crisis</b></p>\n<p>City-dwelling families in India are being forced to line&nbsp;up on the streets for food rations as the country’s hunger crisis worsens.&nbsp;Millions of people&nbsp;saw their&nbsp;economic toehold&nbsp;ripped away in lockdowns over the last 12 months, with more than 15 million&nbsp;losing&nbsp;their jobs in May alone. In one study, 90% of respondents said&nbsp;their households had suffered a reduction in food intake as a result of&nbsp;lockdowns. Meanwhile&nbsp;Ho Chi Minh City has ordered Samsung&nbsp;and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.</p>\n<p><b>And finally, here’s what Tracy’s&nbsp;interested in today</b></p>\n<p>One of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.</p>\n<p><img src=\"https://static.tigerbbs.com/c9d59585366ee4e67b67d25b0248f655\" tg-width=\"800\" tg-height=\"554\" referrerpolicy=\"no-referrer\">One simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function”&nbsp;at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework&nbsp;—&nbsp;raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed”&nbsp;is in and the “New Fed”&nbsp;is out.</p>","source":"lsy1584095487587","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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-07-13/five-things-you-need-to-know-to-start-your-day-kr2oixsj?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187596380","content_text":"Apple is working on a “buy now, pay later” service. China’s GDP will be scrutinized for signs of a post-pandemic slowdown. Here’s what you need to know.\nPiling on the Pressure\nThe U.S. will warn American companies this week of theincreasing risksof operating in Hong Kong, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. Meanwhile, Biden will nominate a former Defense Department officialto lead a Commerce Department agencythat will be a key player in limiting China’s access to cutting-edge technology. And White House officials are discussing proposals for adigital trade agreementcovering Indo-Pacific economies as the administration seeks to check China’s influence in the region. Six months into his presidency, Biden’s hard-edged China policy suggests relations between the world’s two biggest economiesare only going to get worse.\nInflation Surprise\nAsian stocks are set for a mixed start after Wall Street fell from a record and bond yields rosefollowing a surprise U.S. inflation jumpthat stirred the debate on how long Federal Reserve policy can stay ultra-loose. Futures slipped in Japan and Hong Kong and were little changed in Australia. The S&P 500 slipped for the first time in three trading sessions as traders digested a release showing the highest inflation since 2008 as well as mixedearnings reports from JPMorgan and Goldman Sachs.\nThe Treasury yield curve saw volatility. Weak demand for the monthly 30-year bond auction unleashed a bout of steepening that reversed a flattening move spurred by hot June inflation readings. The dollar jumped.\nBuy Now, Apple Pay Later\nApple is working on a new “buy now, pay later” service which would let consumers pay for any Apple Pay purchase in installments over time. The upcoming service,known internally as Apple Pay Later, will use Goldman Sachs as the lender for the loans needed for the installment offerings. This is how the company plans to make it work: When a user makes a purchase via Apple Pay on their Apple device, they will have the option to pay for it either across four interest-free payments made every two weeks, or across several months with interest, one person familiar with the plan said. The system could help drive Apple Pay adoption and convince more users to use their iPhone to pay for items instead of standard credit cards. Apple receives a percentage of transactions made with Apple Pay.\nSlowdown Scrutiny\nAfter China’s surprise central bank supportlast week, key economic data released Thursday will bescrutinized for signsof a post-pandemic slowdown. Debate is growing over whether China will shift from its gradual monetary and fiscal tightening, which began late last year after a rapid V-shaped recovery from the coronavirus pandemic. While the People’s Bank of China said last week’s action was a liquidity operation and not a sign of a change in policy direction, the sudden and broad move took many by surprise and stoked concerns about the growth outlook. The GDP report will come after new figures showedChina’s export growth unexpectedly picked upin June, accelerating to 32.2% in dollar terms from a year earlier, and overturning economists expectations of a slowdown to 23%.\nHunger Crisis\nCity-dwelling families in India are being forced to line up on the streets for food rations as the country’s hunger crisis worsens. Millions of people saw their economic toehold ripped away in lockdowns over the last 12 months, with more than 15 million losing their jobs in May alone. In one study, 90% of respondents said their households had suffered a reduction in food intake as a result of lockdowns. Meanwhile Ho Chi Minh City has ordered Samsung and other companies with factories in the Saigon Hi-Tech Parkto suspend operations; Singapore’s karaoke clubs havebecome virus hotspots; Malaysia’s record Covid cases maygo even higher; and the U.K.’s decision to ease restrictions even as another wave hits has sparkedcalls for caution.\nAnd finally, here’s what Tracy’s interested in today\nOne of the most interesting things about the closely-watched release of U.S. inflation data was the immediate market reaction to it. As CPI came in hotter than expected, with a 5.4% jump year-over-year verses expectations for a 4.9% increase, the yield curve flattened with traders putting on bets that the Federal Reserve would stomp out higher prices with interest rate hikes (so much so that the longer-end of the curve is getting close to inverting as the spread between 20-year and 30-year U.S. Treasuries narrows). Risk assets like stocks dropped, while safe havens such as the dollar rose.\nOne simple way of reading the market reaction is that investors have abandoned the idea of a truly new “reaction function” at the Fed, or the notion that the central bank would tolerate significantly higher inflation and run the economy hot. Instead the market seems aligned in the belief that the central bank will come in and do pretty much what you would have expected it to do before the announcement of its new inflation-targeting framework — raise rates to cap inflation. The market reaction here tells you that the idea of the “Old Fed” is in and the “New Fed” is out.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5211826,"gmtCreate":1626221400398,"gmtModify":1663230932430,"authorId":3586774718687945,"author":{"id":3586774718687945,"idStr":"3586774718687945","authorId":3586774718687945,"name":"Stchua","avatar":"https://static.tigerbbs.com/9c6da38be819096178bf3d64e02165e0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145638447,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":72,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}