In today’s briefing:
- Affordable Luxury: A Look Into Chinese Luxury (Conclusion)
- 2024 High Conviction Idea -Why the Time Is Right for Gold Miners
- Ohayo Japan | Google +5% on New AI Model; BOJ Confident to Exit Negative Stance
- China Property Developers In Distress – Weekly News & Announcements Tracker | Dec 1-7, 2023
- Commodity Analysis – US Coffee C Futures
Affordable Luxury: A Look Into Chinese Luxury (Conclusion)
- Thanks to the rapidly expanding middle class, increasing incomes, and a strong desire for luxury, Chinese consumers are often seen as the embodiment of the luxury industry’s promising future
- However, the market has seen competition intensify: Not only are international brands competing against each other, but the rise of domestic brands has brought the competitive landscape to another level
- Since this summer, investors have been concerned by a shifting Chinese landscape in the context of the current economic situation
2024 High Conviction Idea -Why the Time Is Right for Gold Miners
- Real interest rates moving lower together with massively increasing fiscal deficits is a plus for gold.
- Gold miners are generally poor long-term investments, but their time is close.
- Miners’ margins are improving as revenue increases while costs decrease.
Ohayo Japan | Google +5% on New AI Model; BOJ Confident to Exit Negative Stance
- Overseas: Stocks snap losing streak with 1.4% Nasdaq rally. Google’s new AI model Gemini lifts tech stocks. Oil below $70/bbl
- Today: Japanese stocks likely to end week on a high following overseas stocks. Bidding war for Benefit One as Daiichi Life launches TOB at higher price
- Markets: Bank of Japan more and more comfortable with exit from negative rate policy. Yen strengthens to 144/$ on Ueda’s remarks.
China Property Developers In Distress – Weekly News & Announcements Tracker | Dec 1-7, 2023
- A weekly curated selection of Chinese news articles and company announcements focused on developers in distress
- We look for their deals, updates, specific project progress news (‘local signals’), as well as relevant local research commentaries about the market
- We do not verify the underlying data or provide any opinion, we only select and summarize the information; See direct links to sources
Commodity Analysis – US Coffee C Futures
- According to Graph 1, during the period August 28, 2023 – November 24, 2023, an overall bullish trend was reflected in the prices of Coffee, despite some notable fluctuations.
- During the period under consideration, there was a significant price correction from September 19th until the beginning of October.
- In contrast, from 15th of October until the middle of November an upward trend was observed.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
