Foreigners sell off W3 tril. bonds in 2 days

Foreigners have sold off bonds worth over 3 trillion won in two days this week as the nuclear test of North Korea earlier this month has increased tension on the peninsula. The government and financial sources said the selloff is unlikely to lead to an exodus of foreign investors. But the financial market here is expected… Please follow and like us:

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BCA Says Runway Clear For Stock Market Breakout To Upside, But Watch Yields Closely

As the S&P 500 is nearing the “top end of its range,” two courses of action could take place. The US large cap benchmark could stall and mean revert, or – to the delight of market bulls – it could mean a Stock market breakout. BCA Research is in the latter camp, thinking a “playable breakout… Please follow and like us:

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Trade surplus good for America?

When we discuss international trade and balance of payments, there are two types of accounts. There is the current account, which includes goods and services imported and exported and receives the most political attention. In 2016, the American people imported $479 billion worth of goods and services from Chinese producers, and we sold $170 billion worth… Please follow and like us:

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