Recharged bulls give stocks, commodities flying start to year

LONDON: What goes down must come up! Three months after one of the worst years on record, investors have seen world stocks and key commodity markets roar back with their best first quarter since 2012.

Chief investment officer of asset manager Prime Partners, Francois Savary, thinks the turnaround has been remarkable. Despite almost daily Brexit chaos, UK Gilts returns have jumped 5.5 percent, while U.S. Treasuries have made 3.2 percent as their yields have fallen 27 basis points. That followed a 37 basis point fall the previous quarter, whereas in the five quarters prior to that they had consistently risen.

Argentina's peso and Turkey's lira, 2018's punchbags, have taken another beating and especially in recent weeks as worries about both countries' political and economic trajectories have started to bite again. "The selloff in December was too sharp," said chief investment officer of New York-based hedge fund ValueWorks, Charles Lemonides."If the Fed stays accommodative the economy will do well."

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Hong Kong: Stocks start day with a gain[HONG KONG] Hong Kong shares opened slightly higher on Friday morning, putting them on course to end the week on a positive note, with attention now on China-US trade talks in Beijing. Read more at The Business Times.
แหล่ง: BusinessTimes - 🏆 15. / 51 อ่านเพิ่มเติม »