mixed corporate earnings and lingering trade tension. Treasuries rose, with 10-year yields down more than four basis points. The dollar dropped against most of its G-10 counterparts, with the kiwi and loonie leading the way.
more than 1%, helped by comments from Dalio, who said adding the metal to one’s portfolio “would be both risk-reducing and return-enhancing.”in China with 46% return in one equity fund, investor Qu Yang is shifting his money into Hong Kong. The money manager at Qianhai Kaiyuan Fund Management Co. has boosted the proportion of Hong Kong shares in one of his winning funds to more than 30% over the past three months, according to the fund’s latest fact sheet.
Thursday. Bloomberg Economics is in the hold camp for both, expecting policy makers in Seoul to wait to ease until after any Fed action, and those in Jakarta to be constrained by concerns about capital outflows.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Maverick: Tuesday, July 16: Five Things You Need to Know to Start Your DayDonald Trump weighs in on China GDP. Facebook won’t launch Libra until regulators are satisfied. And a former U.S. National Security Advisor spars with a Chinese diplomat on Twitter over race. Here are some of the things people in markets are talking about today.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Wednesday, 17 July: Five Things You Need to Know to Start Your DayDonald Trump threatens more China tariffs. Oil slides on the prospect of easing the geopolitical risk. And North Korea is likely suffering its worst downturn since its 1990s famine. Here are some of the things people in markets are talking about today.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Sub-Zero Bonds Start to Appear in Emerging MarketsA sinkhole of negative-yielding debt in emerging markets has doubled in size over the past week. This time last year it was non-existent.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Reserve Bank is likely to cut rates, but how low can it go?The SA Reserve Bank is widely expected to cut rates this week, with most economists expecting a 25 basis point cut. With a stagnant economy, there should be a lot more room for monetary loosening, but there probably isn’t, given the economy’s structural challenges.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Limited Liability of Big Tech Under the MicroscopeUS senators used a Congressional hearing on Tuesday to push the idea of overhauling a law that protects YouTube, Facebook and other internet services from being sued for the content users post.
Source: dailymaverick - 🏆 3. / 84 Read more »