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Chinese Stocks Spooked By Apple iPhone X Forecast Cut, Nikkei Boosted By BOJ Hopes

With most global markets closed for Christmas, the only overnight action was in Asia, which saw Chinese equities fall with tech stocks and names linked to Apple the worst performers after a report that Apple cut forecast iPhone X sales forecasts, while property firms surged on speculation of coming consolidation. As a result, after opening […]

Chinese Stocks Plunge Below Key Support, Global Tech Wreck Escalates

Asia's 'FANG' stocks are tumbling once again as the global tech wreck continues to escalate (TATS down 10% from highs). Taiwan Semi, Alibaba, Tencent, and Samsung (TATS) are down 7 days in a row and over 10% – the biggest such drop on record…   While Chinese bonds are holding back from their 4.00% yield […]

Stock Markets Mueller’d As Yield Curve Collapse Continues

So to summarize – the former national security chief agrees to testify against the sitting president and The Dow drops 40pts…   China stocks were mixed with CHINEXT surging overnight but CSI300 ending at the lows (worst week in 2017)   Europe saw stocks and bond yields notably lower…   But for US equities, overnight […]