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Owen Li

Analyst -- -- Articles
I am good at assessing macro data, economic events and their potential impact on financial instruments, and particularly concerned about the developments of the Asian-Pacific region.
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Financial News
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Rice Rallies Toward 15-Year High as Weather Again Batters Crops

Weather is rattling the rice market once more, driving prices of the food staple back to the cusp of 15-year highs after a period of calm.

Crypto Boom, Erratic Rain Spark Outages in Laos, Asia's Clean Power Export Hub

Higher electricity demand in Laos due to cryptocurrency mining and erratic rainfall have led to power shortages...

ECB Warns of Stability Risks From Global Elections, Geopolitics

Geopolitical tensions and a raft of elections around the world are heightening the risk that investors will be jolted by negative surprises and endanger financial stability, the European Central Bank warned.

Japan's Economy Sputters as Dismal Run Extends to Three Quarters

Japan's economy shrank in the first quarter as consumers and companies cut spending, extending a dismal performance that stretches back to last summer and complicates the picture for the central bank as it mulls the timing of its next interest...

Australian Dollar Outperforms on News of "Ambitious" Chinese Property Rescue

The Australian Dollar is outperforming major peers as supportive news regarding China's property sector pips domestic wage figures to take the driving seat in midweek trade.

BOJ's Surprise Cut to Bond Buying This Week Fuels Rate-Hike Bets

Investors have boosted bets for an interest-rate hike by the Bank of Japan by July following an unexpected reduction in its bond buying during a regular operation this week.

Formerly Bullish Investors Dump Oil as Demand Disappoints

Investors sold petroleum futures and options in the most recent week at the fastest rate for a year...

China's Commodity Imports Show Prices Beat Economic Narrative

China's imports of major commodities for April show the impact of price trends, with strength where prices were trending down and weakness where prices were moving higher.

Renewable Fuels Take Bite out of US Diesel Consumption

Biodiesel and other renewable diesel fuel oils are displacing a small but growing volume of petroleum-derived distillate fuel oil in the United States...

Yen's Fragility Raises Specter of a New Currency War in Asia

As the yen plumbs new lows, some investors are pondering an almost unthinkable scenario in a region busy bolstering falling exchange rates — a series of competitive devaluations that starts a new Asian currency war.

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