China Deflation To Continue

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🇨🇳 🇨🇳 China’s deflation pressures are likely to continue for at least another six months on weak demand and as the property crisis continues to sap confidence within the economy
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China Evergrande Given Order To Liquidate

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🇨🇳 🇨🇳 BREAKING: China Evergrande Group was ordered to be liquidated by a Hong Kong court, a stunning legal coda for the world’s most-indebted property developer
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Zepbound: The Next Frontier

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🧍‍♂️ 🧍‍♂️ Zepbound is the next frontier in weight-loss treatments. It’s what’s called a dual agonist, because it mimics the effects of two different hormones
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Blackstone Building Data Centers

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🧠 🧠 Blackstone Is Building a $25 Billion Empire of Power-Hungry Data Centers. The private equity giant says landlord QTS could be one of its best investments ever
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Stoxx 50 Surges To Record

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🇪🇺 🇪🇺 Europe may lack a “Magnificent Seven” tech cohort of its own, but a pared-down version of that phenomenon has emerged. The Euro Stoxx 50 has just hit its highest since 2001, with the latest leg of the surge powered by blowout earnings from the region’s two biggest tech stocks, ASML Holding NV and SAP SE
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London Homes: Cheapest In A Decade

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🇬🇧 🇬🇧 Data from the online sales portal Zoopla showed that London houses now cost 13 times the average earnings of a UK worker, down from over 15 times at their peak in 2016
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Thai Baht Plunges

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🇹🇭 🇹🇭 Thailand’s baht is set for its worst January since 2020 with a loss of nearly 4% versus the dollar, and heavy outflows signal more pain ahead for the currency
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MAS Lowers Inflation Target

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🇸🇬 🇸🇬 Singapore’s central bank kept unchanged its monetary policy stance. The Monetary Authority of Singapore (MAS) also lowered its estimate for overall inflation in 2024 to 2.5 per cent to 3.5 per cent, down from a previous projection of between 3 to 4 per cent
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China’s Holdings Of USTs Plunge

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🇨🇳 🇨🇳 China’s holdings of US Treasuries continue to move in a straight line lower. Their holdings of US Treasuries have declined by $300 billion since 2021. Currently, China holds just under $800 billion of US Treasuries, levels not seen since 2009
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Oil Jumps On Middle East Tension

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🇯🇴 🇯🇴 Oil Jumps on reports that US military preparing to retaliate against drone attack in Jordan
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