MONEY MASTER

  Global stocks edged up on Monday as markets brace for a week filled with earnings reports and central bank meetings. The US and UK may signal interest rate cuts, while Japan could increase borrowing costs in a move toward normality. Key Highlights: Market Movements: MSCI All-World index rose 0.2%. European stocks also gained 0.2%, driven by energy companies amid rising oil prices. Oil Prices: Oil prices inched up due to fears of escalating conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights, attributed to Hezbollah. Brent crude increased by 0.2% to US$81.27 per barrel. US crude remained flat at US$77.20 per barrel. Upcoming Economic Reports: US jobs report for July. Surveys on US and global manufacturing. Eurozone GDP and inflation data. Central Bank Meetings: Federal Reserve (Fed): Expected to hold steady but may hint at a September rate cut. Futures are fully priced for a quarter-point easing and imply a 12% chance of a 50-basis-point cu...

  The Crown Estate of King Charles III will collaborate with the newly formed state-backed company, Great British Energy, to accelerate the development of offshore wind farms crucial for the UK's energy and climate targets. Key Points: Partnership Announcement: Objective: The partnership aims to advance the construction of offshore wind farms, essential for achieving the UK's goal of a zero-carbon electric grid by 2030. Public Sector Involvement: The collaboration allows the public sector to engage earlier in development stages, potentially attracting more private investment. Investment Potential: Government Statement: The agreement could leverage up to £60 billion (RM361.58 billion) of investment into the UK’s renewable energy sector. Energy Security: This move is part of Prime Minister Keir Starmer's strategy to enhance energy security and increase state involvement in the energy sector. Upcoming Challenges: CfD Auction: The first test of this partnership will be in ...

  Global stocks dipped slightly on Tuesday, paring early gains, while US bond yields declined. Investors are focused on upcoming economic data and corporate earnings, moving beyond the recent news of US President Joe Biden ending his re-election bid. Key Developments Corporate Earnings : Alphabet and Tesla : Alphabet reported better-than-expected results post-market, while Tesla saw a 45% drop in profit due to decreased electric vehicle demand. These results marked the beginning of the quarterly earnings season for the "Magnificent Seven" tech megacaps that have recently driven market gains. US Economic Data : The US core personal consumption expenditures (PCE) index, the Federal Reserve's preferred inflation measure, will be released on Friday. The yield on the benchmark US 10-year notes fell by 0.9 basis points to 4.251%. Market Performance : Global Stocks : MSCI’s gauge of stocks across the globe fell 0.06% to 816.37. Wall Street : The Dow Jones Industrial Average drop...

Asian shares are set to end the week on a sour note, as uncertainty across the geopolitical landscape and in major economies added to headwinds for investors, despite the beginning of the global rate easing cycle. Key Points: Market Turbulence: The week has been turbulent with a tech sell-off sparked by deepening Sino-US trade tensions, uncertainty over US President Joe Biden's presidential race prospects, disappointing Chinese economic data, and a lackluster third plenum outcome. Market Reactions: MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.1%, heading for its worst week in over a month with a 2.4% loss. Japan's Nikkei fell to a more than two-week low, down 0.1%, extending a sharp 2.4% fall from the previous session, and set for a 2.7% weekly decline, its steepest in three months. Tech Sector Struggles: South Korea's tech-heavy Kospi and Taiwanese stocks both eased more than 1%. South Korean chipmaker SK Hynix was down 0.7%, while Japan's Toky...