analysis

Gold Hits New All-Time High **

Indian chipmaking ambitions are shadowed by infrastructure concerns

The divergence between key fixed-income benchmarks shows - more specifically - that the US is on a healthier endogenous growth path compared with Europe in early trading - Wednesday - which had reached a level only three times since the start of 2020 - this has risen to nearly 200 basis points in favor of the US, as shown in the chart below - the lowest in the past three years of 90 basis points and just short of the high of 214 basis points. https://tinyurl.com/24osoon9

India manufacturing PMI reaches 16-year high ahead of elections

The Taiwan Trade Index hit an intraday high of 20,296 before pinning gains on Friday, according to Factset data. It could reach 24,000 before the year ends if the global demand for AI has been robust across other industries despite global macro uncertainty. That’s setting the stage for an economic boom for the island, which boasts the “strongest supply chain for AI service manufacturing” according to you.

The hedge funds were buying oil at the fastest pace in the last four years** : In the seven days ending March 19, funds and other money managers bought the equivalent of 140 million barrels of six of the most important Futures and Options contracts related to oil prices. There were purchases in almost all directions on NYMEX and ICE WTI (+57 million barrels), Brent (+55 million) **, European gasoil (+18 million) and American gasoline (+10 million) Most purchases came from the creation of new long

Deadly Pakistan attack threats China's Economic ties

CEO of the META Group left more than $380 M of $META shares in delaying more than 3 weeks over the last 2 weeks. Zuckerberg now has a total of nearly $1.9 BILLION worth since November.

The Kremlin said that all four assailants were in custody. U.S. officials attributed the attack, one of the deadliest in Russia in decades, to ISIS-K, a branch of Islamic state in Iran and Afghanistan. Putin laid the groundwork for blaming Ukraine for the Moscow concert hall attack. On Saturday, he pledged to punish perpetrators, “whoever they may be, who they may have sent.”

The global GfK consumer climate index for Germany accelerated from a marginally revised -28.8 in the previous period, to -27.4, reflecting modest increases in income expectations (-15.3 vs -4.8 in March) and in economic prospects (-12.4 vs 17.4) in nearly two years. As a result, a further decline in inflation was needed for a sustained recovery of the German economy.