Will China’s rebound serve a boon to Canadian stocks?

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The fate of the TSX has been tied to China’s economy over the last 25 years, which means the Canadian market may be the next to boom

The Chinese economic machine is whirring back to life, but the Canadian stock market is oddly indifferent.

While investor sentiment in North America has improved over the past three months, the gains have been modest – roughly 11 per cent, compared with nearly 25 per cent in German and French stocks. Britain’s benchmark index, meanwhile, is on the verge of a setting a record high. Some of the best years in Canadian stocks, in fact, have coincided with moments of great Chinese economic progress.

Another flip of the script is in the making. A period of elevated commodity prices and higher interest rates make for favourable odds for Canadian stocks. Rising demand out of China, reinforced by central-bank stimulus, will reverberate through the global commodity complex. While China is modernizing toward a more consumer-based economy, it is still the manufacturing hub of the world. It is responsible for one-fifth of global oil demand, while buying more than half the world’s refined copper, nickel and zinc.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Canadian cannabis industry struggling amid oversupply challenges: Experts - Winnipeg | Globalnews.caMore than four years later, Canada's cannabis industry is starting to come down from a post-legalization high, experts say. Weed inflation .. everything got hit ..you and weed. Maybe people don’t need recreational drugs lower the prices!
출처: GlobalNational - 🏆 81. / 51 더 많은 것을 읽으십시오 »