Money Monday

Ranora Daily - Your daily source for reliable market analysis and news.

Market Data

Local

Global

*Data as of 6pm WAT

Market News

Local

Global

Weekly Investment Watchlist

Market Commentary

Asia and Australia

  • India court finds no proof of stock price manipulation at Adani companies

Europe, Middle East, Africa

  • UK bond bears hunker down before big week for economic data. UK Inflation data expected on Wednesday.

  • Italy will not lose investment-grade status. Moody's currently assesses Italy at Baa1, just one notch above junk, with a negative outlook

The Americas

  • President Biden and Speaker McCarthy set to meet or talks on averting US default as time runs short and key differences remain. Biden hints at 14th Amendment authority in weekend remarks

  • Nvidia highlights supercomputer progress in a possible challenge for leaders Intel and AMD

  • Morgan Stanley's Wilson warns recent rally not the start of a new bull market

The Week Ahead:

  • Monday: Fed talk - Bullard, Barkin, Bostic, Daly

  • Tuesday: Redbook, S&P Global flash PMIs, new home sales, Richmond Fed manufacturing, API crude oil stock change

  • Wednesday: FOMC minutes

  • Thursday: Initial jobless claims, GDP growth, pending home sales

  • Friday: Core PCE, personal income & spending, durable goods orders, Michigan consumer sentiment

Investment Tip of The Day

Geopolitical events, such as trade disputes or political instability, can affect the global markets. Stay informed about these events and evaluate their potential impact on your investments.

Meme of the Day

Disclaimer: The information contained in this report is intended for informational purposes only and should not be considered as investment advice. The information is obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.