01 Top Story Some tips and history for HKEX’s new chief
Earlier this month, HKEX announced that Argentine Nicolas Aguzin will succeed Charles Li as CEO of the world’s 5th largest stock exchange. Both executives joined HKEX directly from top positions with JP Morgan, the notable difference being that Aguzin comes from the private banking side of the US’s largest bank.
Stephen Innes, Chief Global Market Strategist at Axi discusses why analysts around the world are talking about strengthening of the Chinese yuan.
03 Polar vortex-induced oil spike to fade
Oil’s surge to 13-month peaks will be shortlived, analysts say, as the polar vortex that has hit the US Midwest and Gulf regions is expected to give way to better weather by the weekend, when normal supply and demand dynamics of the sector should return.
The United Nations has called for global "vaccine equity" amid reports that rich nations are hoarding Covid-19 shots while the developing world faces a massive shortage, in the wake of an unprecedented UN Security Council (UNSC) meeting called to discuss the pandemic.
The 10-year US Treasury yield touched 1.33% on Wednesday – its highest point since the Covid pandemic developed pace last February, as it emerged that the Federal Reserve is debating how to make the public comfortable with higher inflation.