Month: February 2024

123 Million People Watched The Super Bowl

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🏈 🏈 Super Bowl LVIII was most-watched television show ever with 123 million viewers
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Nikkei Breaches 37,000

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🇯🇵 🇯🇵 Nikkei breaches 37,000 with corporate inflation in focus
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Sydney Is Seeing An Exodus

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🇦🇺 🇦🇺 Sydney’s eye-watering house prices are driving an exodus of young families and a failure to reverse the trend could see Australia’s harbor city become known as the place “with no grandchildren,” the New South Wales state productivity commissioner warned
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Investors Are Buying Property In Mauritius

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🇲🇺 🇲🇺 Foreign direct investment inflows to the tourism-dependent nation of Mauritius rose 27% to 23.1 billion rupees ($503 million) in the nine months through September from a year ago, led by higher property sales
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JPM Bullish On Japan And UK Equities

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🇯🇵 🇬🇧 JP Morgan looks for outperformance of equities in Japan and the UK
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NZD: Traders Bet On Policy Error

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🇳🇿 🇳🇿 Overnight indexed swap contracts are pricing in more than 60% chance that RBNZ Governor Adrian Orr will lift the cash rate by a quarter point to 5.75% in the first half of the year. Policymakers will undo the hike by August, before lowering borrowing costs to 5.25% at the final meeting of 2024, the contracts show
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German Coalition Punished

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🇩🇪 🇩🇪 The three parties in Germany’s unpopular ruling coalition suffered losses in Sunday’s partial repeat in Berlin of the 2021 federal election, continuing a national trend that is likely to be repeated in four key votes this year
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A Blockbuster Pharma Opportunity

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🇩🇰 🇩🇰 A pharma company’s largest shareholder plans to invest as much as $7 billion a year by 2030
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UK Suffering Long Term Cost Of Brexit

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🇬🇧 🇬🇧 The UK’s decision to leave the European Union shrank the British economy by reducing growth and spurring higher inflation, according to economists at Goldman Sachs Group Inc. who compared the country’s performance to similar nations since the referendum in 2016
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Coal India Posts Record Profit

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🇮🇳 🇮🇳 Coal India Ltd. posted a record quarterly profit that beat estimates as buyers of the fossil fuel boosted stockpiles before the summer demand season
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