U.S. stock index futures inched higher on Wednesday as investors awaited more economic data to gauge the path for monetary policy and monitored geopolitical tensions in Venezuela that sent oil prices higher. ...

Hong Kong stocks rebounded from a three-week low in a late rally on Wednesday, as traders weighed the prospects of monetary easing after a mixed reading on the US payroll report. The Hang Seng Index rose 0.9 per cent to 25,468.78 at the close after swinging between gains and losses during most of the day's trading. The Hang Seng Tech Index gained 1 per cent. On the mainland, the CSI 300 Index climbed 1.8 per cent and the Shanghai Composite Index added 1.2 per cent. Do you have questions about the bigge ...

Your first guest today might agree with that. He's been saying on this show for a while to diversify beyond just big tech. So, let's see what he has to say about that.What to buy, what to own next year. Joe Tennuse is chief investment strategist at Northern Trust and he joins us now. I know that's not you.You're not Bank of America, but >> but I'm not surprised. >> Okay. Are you seeing similar types of data at Northern Trust.>> We are. I think there's genuinely a lot of excitement about the opportunity ahea ...

Meanwhile, U.S. rate futures have priced in a 73.4% chance of no rate change and a 26.6% chance of a 25 basis point rate cut at the conclusion of the Fed’s January meeting.Fed Governor Stephen Miran said on Monday that the central bank’s policy stance remains overly restrictive for the economy, citing his benign inflation outlook and warning signs in the job market. Also, New York Fed President John Williams said monetary policy is well-positioned for next year following last week’s rate cut. “The FOMC has ...

Gold prices slipped in early trading as investors booked profits ahead of key U.S. data that could provide cues on the Federal Reserve's policy path next year.Futures in New York fell 0.7% to $4,305 a troy ounce, though prices remain near October's record highs supported by expectations of further easing and sustained investor demand.New York Fed President John Williams this week struck a balanced tone in his remarks following the Federal Open Market Committee decision, saying monetary policy is well placed ...

Asia Insights Global Markets Research Rob Subbaraman - NSL rob.subbaraman@nomura.com +65 6433 6548 Economics - Asia ex-Japan 2026 Asia macro outlook: What investors think We polled the audience at our Singapore and Hong Kong seminars. We hosted our annual Asia Macro Outlook 2026 seminars in Singapore (4 December) and Hong Kong (8 December), where our team of economists and strategists presented their macro outlooks and top trade ideas for 2026 (see Asia Macro Outlook 2026 – Mind the gap , 3 December 2025). ...

Getting some breaking news out of the Fed this morning. We'll turn to Steve Leeman with that who's also got a piece on the wires. Now, Steve, that's [music] uh pretty interesting.We'll get you the Williams headlines first, though. >> Yeah. John Williams, New York, Fed President, saying monetary policy is well positioned as we head into 2026.That is language the Fed chair used at the meeting recently that people took to say the Fed was on hold, but not entirely clear. This is where Williams is headed. He say ...

Getting some breaking news out of the Fed this morning. We'll turn to Steve Leeman with that who's also got a piece on the wires. Now, Steve, that's [music] uh pretty interesting.We'll get you the Williams headlines first, though. >> Yeah. John Williams, New York, Fed President, saying monetary policy is well positioned as we head into 2026.That is language the Fed chair used at the meeting recently that people took to say the Fed was on hold, but not entirely clear. This is where Williams is headed. He say ...

Key Takeaways from CEWC Readout — Cushion, Don't Lift Industry Overview - The report focuses on the **China Economics** sector, providing insights into the macroeconomic environment and policy direction for 2026. Core Insights and Arguments - **GDP Forecast**: The 2026 GDP forecast remains unchanged at **4.8% real** and approximately **4.1% nominal**. The emphasis is on "less deflation, not reflation" [5] - **Fiscal Policy**: The initial fiscal envelope is flat compared to 2025, with a front-loaded issuance strategy allowing for a potential **0.5 percentage point** GDP top-up midyear [5] - **Monetary Policy**: A dovish bias is indicated, with limited interest rate cuts expected in the range of **10–20 basis points** [5] - **Growth Drivers**: Public capital expenditure and urban renewal, along with advancements in AI and green transitions, are identified as key growth anchors. However, private capital expenditure remains weak [5] - **Housing Market**: There are plans for inventory buy-ups and mortgage subsidies, likely through reforms in the provident fund, though the specifics regarding scope, size, and duration are unclear [5] - **Anti-involution Measures**: A stronger push towards a unified national market, state-owned enterprise (SOE) reform, and stricter subsidy regulations are noted, although execution challenges are anticipated [5] - **Policy Style**: The approach is characterized by cushioning rather than lifting, focusing on continuity rather than a pivot in policy [5] - **Supply and Demand Mix**: The current policy mix remains supply-centric with a slight nudge towards demand, emphasizing the need to "expand domestic demand + optimize supply" [5] - **Consumption Initiatives**: Ongoing goods trade-in programs and vague plans for service vouchers and social welfare support are highlighted, with a watch on developments in the second half of the year [5] - **2026 Outlook**: The year is expected to be a "slow burn" with small, reactive policy steps aimed at stabilizing activity and prices [5] - **Base Toolkit**: The toolkit includes front-loaded infrastructure investments via local government special bonds, housing guardrails with optional mortgage interest subsidies, and selective service consumption adjustments in the latter half of 2026 [5] - **Execution Watchpoints**: Key areas to monitor include the pace of fiscal issuance, design of mortgage subsidies, inventory purchase mechanisms, and progress on anti-involution and market unification efforts [5] Additional Important Points - The report emphasizes the importance of execution in fiscal and monetary policies, indicating that the effectiveness of these measures will be critical in achieving the desired economic outcomes [5] - The overall sentiment reflects a cautious optimism, with a focus on gradual improvements rather than aggressive policy shifts [5]

Real estate is a well-known hedge against inflation. As the cost of raw materials and labor rises, new properties become more expensive to build, which then drives up the price of existing real estate.In March 2022, just before U.S. inflation reached a decades-high peak, Musk advised: “It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.”High prices have been throttling Americans’ budgets for years now. The good ne ...