Germany to add China’s yuan to currency reserves

Germany’s central bank has said it will include China’s yuan in its reserves, giving another boost to Beijing’s drive to internationalise the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is also known, to take account of its… Please follow and like us:

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Most Asia markets down after New Year rally but Hong Kong runs on

The rally across Asia that welcomed in 2018 looked to have run out of steam on Wednesday with most markets slipping into the red on profit-taking but energy shares climbed with another surge in oil prices. Strong economic fundamentals and corporate earnings as well as optimism about the impact of Donald Trump’s massive US tax cuts… Please follow and like us:

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10 Data Points Investors Should Be Watching Now: JPMorgan’s Kelly

There are multiple economic and financial numbers investors can monitor in 2018 to get a sense of the market environment. David Kelly, chief global strategist for JPMorgan Funds, offers his own list of the top 10 data points he recommends investors watch this year. In his inaugural weekly note for 2018, Kelly says the list is… Please follow and like us:

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World markets ring in 2018 on mixed note

Global stock markets greeted 2018 on Tuesday in mixed fashion, despite a raft of bright manufacturing surveys, with many investors away for extended holidays. Asian stocks mostly kicked off the year with gains, fuelled by strong data, improving corporate profits and hopes that US President Donald Trump’s tax cuts will fire US and world growth. Sentiment… Please follow and like us:

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Asian markets on course for broad gains after volatile week

Asian markets rallied on Friday, bringing a volatile week to a positive end as tech firms extended their rebound while investors tracked advances on Wall Street following reports Donald Trump is planning to unveil a big-spending public works plan. Global equities have struggled this week, hit by profit-taking, fears over the progress of a probe into… Please follow and like us:

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Most Asia markets up, dollar holds gains despite N. Korea fears

Most Asian markets edged up Wednesday and the dollar held gains against its peers on expectations for further interest rate hikes while traders await the release of Donald Trump’s tax reform plan. Shares were in positive territory but US-North Korea tensions are still jangling nerves and keeping investors were from buying with any gusto in early… Please follow and like us:

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Dollar, most Asia markets rise as US data pip N. Korea concerns

The dollar extended gains and most Asian equities advanced Thursday as strong US growth and jobs data helped traders move past North Korea’s missile test but oil struggled as deadly storm Harvey batters the Gulf Coast. Markets across Asia rallied Wednesday after the previous day’s North Korea-fuelled losses as US President Donald Trump’s apparently measured response… Please follow and like us:

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Euro holds gains on bets for ECB tightening but stocks mixed

The euro held its gains on Monday as traders bet the European Central Bank will start to wind down its crisis-era stimulus programme, while lower expectations for further tightening in the United States weighed on the dollar. While ECB boss Mario Draghi made no mention of the bank’s plans for its bond-buying scheme at a much-anticipated… Please follow and like us:

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Global stocks stumble on Spain attacks, White House turmoil

Global stock markets sank Friday as traders sought haven investments such as gold following a terror attack in Barcelona that sent airline share prices down. The deadly attack Thursday in the Spanish city compounded investors’ concerns over economic policy paralysis in Washington. “The recent shift towards haven markets continues,” said Joshua Mahony, market analyst at IG… Please follow and like us:

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Is It Time For International Small-Cap?

Portfolio Manager David Nadel makes the case for international small-caps. Watch the video here. Get The Full Margin of Safety Series in PDF Get the entire 10-part series on Margin of Safety in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. We respect your email privacy Also read:… Please follow and like us:

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Bitcoin And The Theory Of Money; Hedge Fund Quiz

Bitcoin is not only irredeemable, but also unbacked. That is a big difference—in favor of the dollar. (Keith Weiner of Monetary-Metals) Read an analysis of Bitcoin as money ( Bitcoin has no backing. I think of Bitcoin as “Token” money. What are your thoughts? Get The Full Risk Parity Series in PDF Get the entire 10-part… Please follow and like us:

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Goldman Raises Year-End S&P 500 Target

Goldman Sachs has raised its year-end target for the Standard & Poor’s 500 index from 2,300 to 2,400 and its earnings per share estimates from $123 to $129, in line with a growing number of investment firms. (Related: Schwab, LPL Mid-Year Outlooks: Beware, Goldilocks Ahead) But Goldman notes in its second-half outlook that the S&P 500… Please follow and like us:

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4 Wall Street Bonus Charts That May Make You Scream

Every year, the New York Comptroller releases a big number representing the combined value of the bonuses Wall Street banks have doled out to their employees. The state government keeps track of these payouts because a really big number boosts their local tax base. And this year’s number, released on March 15, is indeed gigantic: $23.9… Please follow and like us:

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The “New Normal” Of Ultra-Low Interest Rates

After nine years of outrageous, unwarranted and irrational monetary policy, some people are taking the current monetary regime as normal and natural — the new normal. You can see this on corporate ballot sheets, bank leverage, and the low personal savings rate. Image source: Pixabay Interest Rates However, even the “man on the street” is beginning… Please follow and like us:

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