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HK New Home Sales Plunge

🇭🇰 🇭🇰 New home sales in HK plunged by 46% in May from a month earlier even as the city’s developers offered discounts on apartments to lure buyers. In the secondary market, sales in the first weekend of June dropped by 40% from the previous one

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Westpac Sees Possible RBA Rate Hike In Feb

🇦🇺 🇦🇺 Westpac is forecasting that the Reserve Bank of Australia is unlikely to raise the cash rate at its December meeting. By the time of the February meeting, the RBA will have the full December quarter inflation data as well as the September quarter national accounts and other key data. We reaffirm our view that the RBA Board would raise the cash rate at that meeting if it sees further upside surprises to inflation or fresh evidence suggesting that inflation will decline more slowly than it intends

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ANZ Sees NZ Rate Cut In Feb 2025

🇳🇿 🇳🇿 ANZ expect the first Reserve Bank of New Zealand rate cut in February 2025 (prior May ’25)

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Citi: S&P Equal Weight Index Will Outperform

🚨 🚨 Citi predicts the S&P 500 Equal Weight Index — which gives an even share to each constituent — may soon outperform the market-value weighted benchmark S&P 500

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Citi: Stocks Rally Set To Broaden

🚨 🚨 The stock market’s strength in the first half of 2024 is on track to carry on into the remaining months of the year — and expand into quieter corners of the market, according to Citigroup Inc.’s wealth management business

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MS Remains Bullish On Stocks

🚨 🚨 The stock market will continue its uptrend in the second half of 2024, albeit at a slower pace following a double-digit run since January, according to Morgan Stanley’s Lisa Shalett

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Std Chart Super Bullish On Bitcoin

🚨 🚨 Bitcoin  to reach $150,000 if Trump wins presidency, according to Standard Chartered. Profit From Bitcoin  ETFs. Let Us Show You How

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ECB Cuts Rates

🇪🇺 🇪🇺 BREAKING: European Central Bank cuts interest rates for the first time since 2019

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