The Stock Exchange of Thailand is considering easing some of its rules to boost market liquidity, President Asadej Kongsiri says https://t.co/ndGqdn7KIt ...

(Reuters) -A largely untested Federal Reserve liquidity facility drew no demand at its first daily auction on Tuesday despite expectations on Wall Street for a scramble by banks to secure funding to cover the often-turbulent quarter-end period. New York Fed data showed no funds were drawn from its Standing Repo Facility, or SRF, which the Fed created in 2021 and allows eligible firms to quickly convert bonds into cash. A second daily operation is set to close at 1:45 p.m. ET, which could still see a deman ...

A $200M USDT whale transfer to Binance sparks speculation of bullish momentum, with Bitcoin trading at $113,705. | Credit: Pexels. Key Takeaways A massive 200 million USDT transfer was recorded from an unidentified wallet to Binance. Such large deposits are generally seen as bullish, providing fresh trading capital. With Bitcoin trading at $113,705, analysts note that maintaining support above $109,000 is key for sustaining bullish momentum heading into October. Market watchers today flagged that ...

Market Trends - China is experiencing a lending slowdown despite improved market liquidity, a "credit paradox" [1] - BNP believes this paradox indicates improved confidence and financing conditions [1]

Core Viewpoint - Despite the overall weaker performance of Hong Kong stocks compared to A-shares since the second quarter, the company remains optimistic about the current market trend in Hong Kong, asserting that the AH premium is not necessarily bound for "mean reversion" in the short term [1][4]. Market Dynamics - The influx of "new economy" companies from A-shares to Hong Kong is expected to enrich the distribution of listed companies in both markets, broadening the investment options for funds [1][4]. - The anticipated interest rate cuts by the Federal Reserve, along with the stabilization of the Hong Kong dollar, may alleviate the expectations of liquidity tightening in the Hong Kong market [1][4]. - There is still room for further allocation of southbound funds, which have significantly flowed into the market this year [1][4]. AH Premium Analysis - The continuous decline of the Hang Seng AH Premium Index since the beginning of the year has led some investors to use it as a timing indicator for the two markets. However, the company argues that using the AH premium index to represent the relative performance of the two markets may be misleading [2]. - The limited number of companies and market capitalization of AH-listed firms, which are primarily in cyclical and defensive sectors, contributes to this discrepancy [2]. - The historical average of the AH premium index has fluctuated between 120-130 since the launch of the Shanghai-Hong Kong Stock Connect, indicating that the current levels still have room for movement [2]. Liquidity Factors - The core determinant of the AH premium level is the liquidity difference between the two markets, with the Hong Kong market having a more developed short-selling mechanism and higher trading costs impacting investor returns [2]. - The increasing proportion of southbound funds is expected to compress the discount space of Hong Kong stocks, as institutional investors account for over 60% of trading volume [2]. Profitability and Dividend Yield - The relative growth rates of profits and changes in dividend yields between the two markets are crucial short-term factors influencing the AH premium [3]. - When the net profit improvement of Chinese companies listed in Hong Kong exceeds that of A-shares, the AH premium tends to converge [3]. - High dividend yields, particularly those exceeding 4%, are associated with a noticeable decline in the AH premium, as they help offset liquidity discounts [3].

Funds parked at a major Federal Reserve facility dropped to the lowest level in more than four years as the Treasury Department issues more short-dated debt to finance the growing deficit, luring cash away from a key source of market liquidity https://t.co/wKJubcpFIv ...

Core Viewpoint - Flow Traders Ltd. has announced the nomination of Thomas Spitz as Chief Executive Officer and Executive Director of the Board, effective September 1, 2025, pending regulatory and shareholder approval [1][4]. Group 1: Leadership and Experience - Thomas Spitz brings over two decades of experience in financial markets, having built and led trading operations globally [2][3]. - His previous roles include CEO of QuantCube Middle East and Head of Global Markets at First Abu Dhabi Bank, along with over 20 years at Crédit Agricole in various leadership positions [3]. - Spitz has a proven track record in managing diverse international teams and driving significant growth in trading, sales, and research organizations [2][3]. Group 2: Strategic Agenda - As CEO, Spitz will be responsible for executing Flow Traders' strategic agenda, which includes growth and diversification strategies as well as the Trading Capital Expansion Plan [1]. - The Board expresses confidence in Spitz's ability to lead the company into its next growth phase through innovative business strategies [5]. Group 3: Transition and Acknowledgment - The Board has extended the term of current CEO Mike Kuehnel to ensure a seamless transition until August 31, 2025 [6]. - Kuehnel's leadership over the past four years has been acknowledged, and the company wishes him success in future endeavors [6].

Market Liquidity & Confidence - Market faces liquidity shortage and lack of confidence [1] - Meme market previously thrived on narratives and PVP, reaching several million, now struggles to exceed a few hundred thousand [1] - Market increasingly relies on "schemes," "institutional investors," and "major players" for bottoming and price support [1] Platform Analysis - PUMP platform extracts liquidity through fees, with funds primarily going in and not out [1] - BONK platform is better as it allocates funds for support [1] Investment Strategy - Accumulating principal through identifying high-probability opportunities by analyzing addresses [1] - Meme Supercycle is expected to continue, with initial target of 1 billion and bullish target of 10 billion [1] Negative Factors - Internal "car leaders" continuously drain and bleed the market, contributing to losses and liquidity issues [1]

Market Dynamics - The market has matured significantly, demonstrated by its ability to absorb large Bitcoin (BTC) sales that would have previously caused market crashes [1] - Sales of 2,000 BTC no longer have a significant impact on the market [1] - Billion-dollar sales are now absorbed with ease [1] - Movement of coins from old wallets barely registers in the market [1]

Market Overview - The market recovery in the first half of the year has been surprising, with many stocks returning to or exceeding pre-crisis levels despite ongoing uncertainties [5][12] - The focus has shifted from the "Magnificent Seven" to the "Troubling Three," which includes NVIDIA, Microsoft, and Meta as the primary drivers of market performance [10][11] NVIDIA and AI Sector - NVIDIA's performance is seen as a key indicator for the S&P 500, with its stock movements significantly influencing broader market trends [7][52] - Concerns are raised about the sustainability of NVIDIA's high valuations and the potential for commoditization in the AI space, which could lead to lower profit margins [19][20][33] Technology Sector Dynamics - The technology sector is experiencing high concentration, with a few stocks dominating market performance, reminiscent of historical trends seen in the past 40-50 years [12] - The liquidity in the marketplace is poor, with fewer buyers and sellers, leading to exaggerated market movements [53][54] Economic Indicators - The health of the US economy, particularly employment rates, is critical for market stability; rising unemployment could lead to significant shifts in bond yields and equity valuations [64][70] - Monitoring continuing claims for unemployment benefits is essential, as an increase could signal a downturn in consumer spending and economic health [71][72] AI in Healthcare - There is a growing belief that AI will have a more significant impact in healthcare and drug discovery than in consumer-facing applications, with potential for rapid advancements in diagnostics and treatment [38][41][45]