LA Private

September 3, 2023

Country Garden’s reprieve and China’s property sector: A fragile balance

Could there be a temporary lifeline for China’s largest property developer, Country Garden, and the struggling property sector as a whole? Reports over the weekend indicate that Country Garden has secured creditor approval to extend payments for a 3.9 billion yuan ($US540 million) onshore private bond. This development follows a tense period last week when

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Commodity markets rally with positive gains, led by oil, iron ore, and copper

Commodity markets experienced an uncommonly positive week as various commodities, including iron ore, gold, copper, and oil, saw significant gains. Yet again, oil takes the spotlight in the commodity markets, not due to a decline in US rig use this time, but due to reports suggesting an extension of Saudi Arabia and Russia’s production caps

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Market insights: September’s arrival and global trading trends

Trading in the US is suspended tonight due to the Labor Day holiday, marking the end of the more relaxed summer period and the anticipation of a more serious trading atmosphere until year-end. Historically, September has been viewed as a challenging month for US stocks, with October also harboring some uncertainty, evoking memories of significant

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Australia’s June half earnings season recap and upcoming reporting challenges

The Australia June half earnings reporting season has concluded, yet there remain some July 31 balancing companies to report, in order to finalize the 2022-23 financial picture. Companies yet to report for July 31 include Myer and Premier Investments (although there are indications about their performance), Washington H Soul Pattinson, New Hope, and Brickworks will

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Anticipating a significant week for Australia’s economy: RBA rate decision and GDP figures

A significant week lies ahead for the Australian economy, investors, and consumers, featuring a Reserve Bank interest rate decision on Tuesday and the release of June quarter national accounts and GDP data the following day. While the impact of the Reserve Bank’s decision is bound to receive more attention, the GDP and other data in

Anticipating a significant week for Australia’s economy: RBA rate decision and GDP figures Read More »

Fed likely to hold rates steady as August job figures bring mixed economic signals

The Federal Reserve is expected to refrain from raising rates during its upcoming two-day meeting this month, following a positive set of job figures for August on Friday – showing a Goldilocks-like balance between not being too hot or too cold. The data revealed that the American economy added 187,000 new jobs in August. However,

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