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Traders weigh "buy the dip" opportunities on Asian tech stocks
Source: Bloomberg
There’s cheap and there’s very cheap.
Chinese stocks are now trading at just 40% of US stock valuations. That ratio is now 2 standard deviations below the historical average. Source: David Ingles, Bloomberg
Protests in China are on the rise due to the housing crisis and the slowing economy
Source : Bloomberg
Hedge funds have finally turned net bullish on the Japanese Yen
Source: Bloomberg, David Ingles
Modi's budget could send Indian stocks higher
Source: Bloomberg 3 July 2024
Chinese EVs Seize Record 11% Share in Europe Ahead of Tariffs - Bloomberg
Chinese brands captured 11% of the European electric-car market in June, notching record registrations as manufacturers raced to beat stiff European Union tariffs that took effect early this month.
Remember when China had a huge rally in April and May?
Nice chart from @HumbleStudent showing relative strength rolling over again. Source: Ryan Detrick on X
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