Business Maverick: Thursday, June 18: Five Things You Need to Know to Start Your Day

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Business Maverick: Thursday, June 18: Five Things You Need to Know to Start Your Day By Bloomberg

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.

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