Global growth downshifted this week mildly but clearly the trend remains constructive despite this morning's anemic US payroll data.
The mixed response from markets suggests that there can be a sweet spot for those sectors sensitive to better global growth conditions without an overly aggressive central bank reaction. (See the trading action in Transports and industrials)
Emerging markets like a weaker dollar but they don't like a flatter yield curve, we explain this theory.
Where oh where have all the Euro bears gone? It was only a few months ago when the calls for the Euro to move through parity and the inevitable destruction of the common currency were ringing loud through crossover and macro players. Why have they been so wrong?
- 1st China (Beijing) leisure conference heldSource: China.orgPublished on 2017-09-23
- Pianist Lang Lang is leisure conference image ambassadorSource: China.orgPublished on 2017-09-23
- Former insurance regulator chief expelled from CPC, public officeSource: China.orgPublished on 2017-09-23
- 3 killed, 27 injured as bus mounts pavement in Hong KongSource: China.orgPublished on 2017-09-23
- China steps up protection campaign ahead of World Rhino DaySource: China.orgPublished on 2017-09-23
- Exposed combustible ice found in South China SeaSource: China.orgPublished on 2017-09-22
- Your first trade for Friday, September 22Source: Fast MoneyPublished on 2017-09-22
- Chinese professor taps online learning trendSource: China.orgPublished on 2017-09-22
- NW China province asks public to name panda cubsSource: China.orgPublished on 2017-09-22
- ‘Orange Bag’ stirs controversySource: China.orgPublished on 2017-09-22
- China’s female innovators shine in HangzhouSource: China.orgPublished on 2017-09-22
- It’s Apple’s worst month in over a year, and the charts are pointing to more trouble ahead: TechnicianSource: Fast MoneyPublished on 2017-09-21
- Xi calls on HK youths to serve HK, countrySource: Xi calls on HK youths to serve HK, countryPublished on 2017-06-30
- 1st China (Beijing) leisure conference held