Monthly Archives - November 2022

Musk picks a fight with Apple: Chinese tech outperforms

30 Nov 2022 - Stocks fell Tuesday as traders struggled to recover from losses suffered in the previous session and looked ahead to more economic data. Elon Musk has been active on twitter claiming that Apple is curbing advertising on Twitter and threatening to "withhold" the social media platform from its App Store, as the world’s richest man locks horns with the most valuable tech company.

Read more...

Unprecedented Chinese protests remove bullish reopening narrative from markets

29 Nov 2022 - Stocks fell Monday as social unrest from China's prolonged Covid restrictions weighed on markets. Protests across China over the country's strict zero-Covid policies shook up global markets over the last 24 hours with concerns authorities will take longer to reopen the world’s second-largest economy. Thousands took to the streets in the biggest challenge to the authority of the Chinese Communist Party in years.

Read more...

China’s continued Covid lockdown impacting oil and commodity prices, as Chinese protest

28 Nov 2022 - The Dow Jones Industrial Average rose Friday, notching a gain during the holiday-shortened trading week. Worries about continued lockdowns in China kept markets in check. The country is ramping up Covid restrictions after seeing climbing case counts in recent days – however unprecedented demonstrations are now breaking out across Chinese cities and university campuses, triggered by widespread anger at stringent Covid restrictions that have been imposed now for almost three years. These are the biggest...

Read more...