Gen Z's Prefer Renting Than Owning, New Trends In Malaysia's Property Market
Morning briefing from Futu: Powell's dovish comments pave the way for a rate cut in September; US stocks skyrocketed overnight, with Nvidia rising over 12% in one night.
The US Treasury Department maintains the same scale of quarterly long-term bond issuance and reiterates that it will not increase issuance in the next few quarters; the Fed releases a rate cut signal, and US stocks, US bonds, crude oil, gold, and the Japanese yen rise, and the market's expectation of a rate cut heats up; bank governors raise interest rates and the authorities confirm intervention: the yen exchange rate rebounds to a four-month high.
Weekly Preview: Global markets focus on US and Japanese central bank interest rate decisions; technology giants such as Apple and Microsoft release financial reports.
The global economic data feast is coming: heavyweight data such as the US non-farm payrolls for July, Japan's unemployment rate for June, Eurozone's CPI rate for July, and China's official manufacturing PMI for July.
Johor now the largest data centre market in Malaysia, driven by investments from MNCs: report
Tesla CEO Elon Musk Says He Feels 'Like A Wince' When Saying 'GPU' As He Boasts Rapid Progress With AI Compute: 'Need A New Word'
Silo Pharma Shares Are Trading Higher After the Company Announced Intranasal Delivery of SPC-15 Showed a 'Rapid and Effective' Drug Exposure for PTSD Therapy.