Crude oil at $65.5 a barrel is up 23% over the past year and Brent is up some 27% during the same period. Gasoline prices are up 16% over the past year and we aren’t yet in the US driving season (which pushes up the price and begins in July). Continue reading “Crude oil is up 23% over the past year and it has started making an impact; US 3-year bond yields at a 11-year high”
1. Hong Kong’s Hang Seng Index is up 34% over the past year.
2. Tencent Holdings (the owner of WeChat – the WhatsApp equivalent in China and several other things) is up 116% over the last year. It is currently worth over $550 billion and is most valuable social media company (bigger than Facebook).
3. Ping An Insurance (Ping An Insurance Group Company of China Ltd) is now the world’s largest and most valuable insurance company. Its stock is up 110% over the year. Continue reading “Here are some interesting things you may have missed in the equity, commodity, currency and bond markets”
Apple is in talks to buy Cobalt (a key material used in mobile phone batteries) directly from miners. The price of Cobalt has more than tripled in the past 18 months to trade above $80,000 a metric ton. Apple is one of the largest end users of the metal. Here are how commodities have been performing over the past year, Continue reading “As everyone focusses on the stock and bond markets, here are how commodities have been performing”
As the 45th President of the United States of America completes his first year in office here is how equities, currencies, bonds and commodities performed in his first year of the Presidency, Continue reading “USA equities, currencies, bonds and commodities performance in the first year of the 45th President”