My Investing Muse

Holidays Hong Kong celebrates Labour Day on 2nd May 2022 Singapore celebrates Labour Day and Hari Raya on 2nd & 3rd May 2022 China is closed for Labour Day from 2nd to 4th May 2022 News summary Nasdaq has its worst month since 2008.  Tesla continues to drop following Elon's stock sales to finance his Twitter purchase. With much of the market growth resting on the Big Tech, Fed's interest rate hike hopes to ease inflation but will it be too little, too late? Economic Calendar Economic Calendar for the week starting 2nd May 2022 On 4th May 2022, the FOMC will announce their Fed Interest Rate decision.  There are also updates on initial jobless claims, nonfarm payrolls, unemployment rate (Apr).  In midweek, we will also know the consumption of crude oil inventories - that is a good indicator of the coming consumption of the market. Earnings Calendar Earnings for the week starting 02 May 2022 This week has several notable important announcements about the market's recover...

Holiday in China and Hong Kong Note that 4 & 5 Apr 2022 (Mon & Tue) are public holidays in China For Hong Kong, it will be a public holiday on 5 Apr 2022 (Tue) only. News and geopolitical outlook Ukraine conflict drags on as the peace talks fail to provide a resolution.  However, the talks have improved.  A recent attack on Russian soil has brought back some tension.  China's Shanghai lockdown looks to continue.  This has brought the commerce capital of China to a standstill.  There remain concerns about the energy crisis, food supplies, fertilizer supplies and agricultural supplies like wheat.  China has agreed with the Solomon Islands to set up a military presence in the Pacific, bringing concerns from USA and Australia.  Sri Lanka has declared a state of emergency following violent protests due to energy, food and medicine shortages.  Some of the real estate companies suspended their trading in the HKEX as they failed to submi...