Peso Rebounds as Oil Prices Tumble
Big reversal in FX markets this week. Philippine Peso outperforms after hitting new lows week prior. Helps that oil's off highs a lot https://t.co/7lfET7ggd4
Philadelphia Semiconductor Index Defies “Sell in May” Trend
The Philadelphia Semiconductor Index is actually one of the few exceptions to the "Sell in May and Go Away" adage. May is historically pretty good for the index https://t.co/bB934UD5Xf
Samsung Hits Trillion-Dollar Valuation, Second Asian Entrant
Samsung up 12% in Korea TODAY. Company becomes second Asian company (and 13th globally) to enter the trillion-dollar club https://t.co/E9nYiZoc68
Philippines' April Inflation Hits 7.2%, Triple Year‑Start Rate
That Philippine April inflation print was nasty: 7.2% - highest in three years, above every single forecast, and more than triple the inflation rate at the start of the year https://t.co/zVK7kPBswQ
Asia Now Holds Six of World's Top Ten Stock Markets
The Asia Century 20 years ago, just 2 of the world's 10-largest stock markets came from Asia. Today, 6 out of the top 10 are from the region. China's equity market, which didn't make the top 10 list in 2006, is about...
Taiwan Set to Outsize India by 2026, Korea Follows
At this rate, Taiwan is likely to surpass India’s market in terms of size before the second half of 2026. Korea is not far behind Taiwan and could there soon after. https://t.co/Zq7jUioSjt
Questioning the Need for Multiple Inflation Measures
Since the Fed has a preferred inflation gauge, why do we even bother with the other ones?
APAC Markets Poised for Record High as Tech Rallies
APAC stocks set to hit fresh record today. Tech names are RIPPING in Asia on Monday (partly catch up with closures on Friday) https://t.co/lRVkV2JWkX
Ayala Land Trades at Roughly Half Its Book Value
Ayala Land, one of the Philippines most well-known and respected property developers, is now being valued by the market at near HALF book value. Wow https://t.co/ePVrGvsF8S
Market Rally Fueled by Few Tech Giants, Growth Outpaces Value
The old adage the stock market is not the economy is spot on rn. This rally’s been extremely one-sided & down to very few, very large tech stocks. In Asia, growth’s set to outperform value by the most in 25 years....
Philadelphia Semi Index Rises 17 Days Straight
Philly Semi Index has yet to closer this entire month. 17 straight days up https://t.co/FbcWeu4Z2b
US Hormuz Blockade Sparks Surge in Oil, Gas Prices
US military says it’ll begin a Hormuz blockade at 10am ET Monday. Oil prices +8%, NatGas +13% early Monday in Asia. Also, vessel traffic through the Strait of Hormuz shows the “highest” volumes since the war began (“highest” is of course...
China Poised to End PPI Deflation in March
Probably the most globally consequential data point you didn’t know was coming out this week. China is expected to have exited PPI deflation in March. Data due in ~90 min. https://t.co/i6OFkfd0Ki
VIX Returns to Pre‑War Levels, Signaling Calm
VIX signals worst of the war is over. All three (VIX, futures and VIX of the VIX) back down to pre-war levels Could shift back higher (of course) but currently, back to normal https://t.co/q54gbzBIYf
President Sets Tuesday Deadline, Threatens Iran's Bridges
We showed this graphic on shows today. Note the new deadline from the US President: 8PM ET on Tuesday for a deal before "“Every bridge in Iran will be decimated" by 12 midnight ET. https://t.co/5Gtf7QdY8z