U-Mobile IPO: We Are Not Excited


🇲🇾 🇲🇾 U Mobile, Malaysia’s youngest telecommunications company, is planning to launch an Initial Public Offering (IPO) in 2025. We Are Not Excited

Read More: bit.ly/U-Mobile-IPO

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Goldman Bearish On European Stocks


🇪🇺 🇪🇺 Goldman Sachs strategists expect “lacklustre upside” in 2025 for European stocks


Read More: bit.ly/Goldman-European-Stocks


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FTSE 100 Hits Record High

The UK’s FTSE 100 hit a record high Friday, as the equity index’s international exposure boosted exporters and helped it shake off the turmoil that has weakened the pound, gilts and domestic stocks. The benchmark gained as much as 1% to 8475.35 points, surpassing its previous high of 8474.41. The index has rallied about 3.7% in local currency terms so far in January

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The Dollar Is Smiling


💵 💵 The Dollar is at its strongest (and for the purposes of exporters least competitive) level in 40 years

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Rio And Glencore Discussing Merger

Rio Tinto Group and Glencore Plc have been discussing combining their businesses, which if successful would rank as the largest-ever mining deal and create a behemoth to rival longstanding leader BHP Group

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China 4Q GDP Grows At 5.4%


🇨🇳 🇨🇳 China reports 5% GDP growth in 2024, in-line with expectations, as stimulus measures kicked in

Read More: bit.ly/China-GDP-2024

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Get Ready For America First Crypto

BREAKING: Donald Trump is expected to propose forming an America-first crypto reserve that would “prioritize digital coins founded in the US,” per NY Post. This would include coins like Solana, USD Coin and Ripple.

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UBS: USD/CNY To Hit 7.50 By June

UBS forecast USD/CNY to hit 7.5 by June 2025. while growth is expected to accelerate in China, effective tariff rates could rise dramatically and be a headwind. CNY has only partially priced in this. US activity likely to stay robust, economic data is likely to stay strong in the near term; ongoing tariff worries for the rest of the world, if new tariffs are introduced, the US dollar could appreciate further; US dollar to stay stronger for longer; expect the Fed to cut for a total of 50bps of easing, in 2Q and 3Q

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The Stage Is Set For BOE To Cut Rates

Economists say the latest GDP data only fuels the case for a rate cut next month, although BOE policymakers will be factoring in inflationary pressures, such as resilient wage growth and uncertainty over Britain’s economic outlook. Capital Economics: “Together with December’s softer-than-expected CPI inflation print, today’s release revealed that the economy continued to have little momentum towards the end of last year, leaving us content with our view that the Bank of England will cut interest rates from 4.75% to 4.50% in February”

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UK GDP Ekes Out 0.1% Gain

BREAKING: UK economy ekes out 0.1% growth in November, below expectations. Monthly real gross domestic product (GDP) fell by 0.1% in October, following a decline of 0.1% in September and growth of 0.2% in August

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