Potential economic 'air pocket' ahead could present opportunities

WE ARE watchful of the risk of an air pocket in the US economic recovery due to the waning support from US federal weekly unemployment stimulus cheques under the Coronavirus Aid, Relief, and Economic Security (CARES) Act that expired in July.


After the sharpest stock sell-off since March, what's next?

THE fast and furious rebound in US equities that began in late March hit a lamp post on Thursday as the S&P 500 sank 5.9 per cent, while the Nasdaq and Dow sold off by 5.3 per cent and 6.9 per cent, respectively.

What to expect after market rout

THE plunge in crude oil prices as OPEC+ began a price war further heightened uncertainty for markets that have been under much strain due to the virus outbreak.

Wuhan virus: More short-term pain but lasting damage unlikely

RISING concerns over an outbreak of a deadly coronavirus originating from Wuhan, China has stalled the risk-on market rally which began in October last year.

Are money market rate spikes warning signs?

ONE question we often hear today is whether the recent surges in money market rates in the US and Hong Kong - that is, the US repo rate (repurchase agreement rate) and the HIBOR (Hong Kong Interbank Overnight Offered Rate) - serve as warning signs of a major market dislocation ahead.