In today’s briefing:
- Ohayo Japan|SPX Rebounds on Raft of Good News; NUGGET: KEPCO(9503)-Nuke Restarts, Next Datacenters
- INDUSTRY REPORT – Healthcare Trends in Focus
- Monthly Chinese Tourism Tracker | Outbound Firmer | Domestic Losing Steam | No Surprises (June 2023)
- What Do High Rates Mean for Equites?
Ohayo Japan|SPX Rebounds on Raft of Good News; NUGGET: KEPCO(9503)-Nuke Restarts, Next Datacenters
- OVERSEAS. SPX +1.1% rebounds on Tech and Consumer led rally post strong housing, consumer confidence numbers; AI led names back strong after recent profit taking; China Primier says more stimulus
- JAPAN. NKY Futs +0.8% vs Cash; USDJPY 144.1; Speculation grows on MoF Yen intervention as Japan appoints official who led last years intervention; Nintendo Family Office prevails over Toyo Construction
- NUGGET. KEPCO(9503) formed a 50-50 JV with US DataCenter specialist CyrusOne. Will look to get 900MW over then next 10 years. Could be significant future earnings driver for KEPCO.
INDUSTRY REPORT – Healthcare Trends in Focus
- This report is the first in an ongoing series we plan to publish on a monthly basis to provide our view and analysis of current issues and/or longer-term trends where appropriate.
- This will include issues relevant to the overall healthcare economy with a focus on healthcare services and medical devices.
- For this issue, we provide our view on the four key ‘mega trends’ that underpin the stability and growth of the health economy.
Monthly Chinese Tourism Tracker | Outbound Firmer | Domestic Losing Steam | No Surprises (June 2023)
- In May, the recovery in outbound travel remained strong, but not surprisingly so
- Meanwhile, improvement in domestic travel activity appears to have lost steam
- Six months in, we simply do not see any positive surprises in the travel boom
What Do High Rates Mean for Equites?
- It is fair to say that our central bankers are out of practice when it comes to the hiking cycle.
- Traditionally they took away the punchbowl just as the party was getting going.
- This time they didn’t. In response to the pandemic, they printed money like never before in history, doubling their balance sheet in the process to a trillion pounds.
💡 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
