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Jan 3 week 1 - Coggle Diagram
Jan 3 week 1
Equities
US
Toyota is expected to overtake GM as best-selling auto maker in U.S.
Apple briefly tops $3t market cap
China
Evergrande is told to tear down 39 buildings on man-made island
China tech selloff deepens as Tencent sale spooks traders
Tencent sells $3b in shares of Singapore’s Sea
Japan
Sony unveils PlayStation VR2 headset and new immersive horizon game
Commodities
Oil jumps as OPEC sees limited Omicron impact
Oil rides into 2022 on bullish wave as demand fears fade
Economy
US
U.S. manufacturing gauge falls while price pressures ease
Dollar hits five-year high versus yen as Fed hikes seen intact
U.S. to spend $10b to boost small businesses
Cryptos
Bitcoin
Bitcoin drops below $42,000 to lowest level since September
IPO/deals
Reliance to buy control of Mandarin Oriental New York in $98 mln deal
Bonds
US
Fed weighs proposals for eventual reduction in bond holdings
Surging bond rates threaten to muzzle dip-buying stock bulls
Gold