World and U.S. stocks at record highs, a UK general election and Japanese asset prices stretched to historical levels - there's a lot for investors in Asia to chew over on Thursday even though liquidity will be thinned out by the July 4 U.S. holiday.
More ominously, however, the "vast majority of participants" think U.S. economic activity is cooling too, and this was backed up by disappointing service sector data and another downward revision to the Atlanta Fed's GDP growth tracker. The yen hit a fresh 38-year low around 162.00 per dollar on Wednesday. As yet, Tokyo has not showed its hand, and perhaps it won't - the yen's decline seems reasonably orderly, and yen volatility across the curve is relatively subdued.
These are big levels and big moves for Japanese assets. The potential for some sort of pullback must surely be rising. "These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.TD and Enbridge look cheap right now. Is one heavily oversold? The post RRSP Investors: Should You Buy Enbridge Stock or TD Bank Stock Now? appeared first on The Motley Fool Canada.OpenText Corp.'s chief executive says the company plans to shed about 1,200 roles as part of a business optimization plan.
Trading activity by members of Congress has come under scrutiny in recent years, with calls to ban Congress from trading individual stocks.Top TSX dividend stocks are on sale. The post These Great TSX Dividend Stocks Now Offer Amazing Yields appeared first on The Motley Fool Canada.As global markets navigate through a period of subtle shifts and key economic updates, investors are closely monitoring the landscape for opportunities that align with both growth and stability.
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