Russia’s currency briefly surpassed the Ukrainian Hryvnia as the world’s worst performing currency year-to-date this week, but it isn’t clear whether the ruble is undervalued.
Stock markets across Asia may have taken the recent market rout on the chin, but that’s left them well-poised for a solid year-end rally, Goldman Sachs said.
…A rally, is the historic pattern. Markets have typically handicapped Fed rhetoric to be more dovish into the meeting or have been successfully guided down in their expectations from the Fed thus also setting a glide path into a 2pm announcement on Fed Day.
We continue to favor fertilizer space on recovering demand – and the old adage, “you can delay but you can’t deny fertilizer applications.”
Just when you thought Petrobras (PBR, quote) was re-emerging as an interesting investment play and not just a “trade”, there are headlines today in Fohla, a local newspaper in Brazil, that expectations of a fuel price increase may be canceled.
We introduce our Emerging Money Brazil Index (EMBRZ) which is an index of 20 stocks that give investors more balanced exposure to Brazil than they would get from an investment in the EWZ or other MSCI linked indices….
We endorse a look at Chile and outline why the country is one of our top OW markets.
- Your first trade for Thursday, October 19Source: Fast MoneyPublished on 2017-10-19
- 775 mln Chinese students receive financial aid over past decadeSource: China.orgPublished on 2017-10-19
- China to standardize elderly care servicesSource: China.orgPublished on 2017-10-19
- China-made jetliner performs well in test flightSource: China.orgPublished on 2017-10-19
- 440 senior officials investigated for corruptionSource: China.orgPublished on 2017-10-19
- Private universities increasingly important in ChinaSource: China.orgPublished on 2017-10-19
- China to make new breakthrough in quantum communicationSource: China.orgPublished on 2017-10-19
- Chinese doctor saves passenger on US tripSource: China.orgPublished on 2017-10-19
- It isn’t tax reform, earnings are driving this rally: StrategistSource: Fast MoneyPublished on 2017-10-18
- CPC creates Xi Jinping Thought on Socialism with Chinese Characteristics for a New EraSource: China.orgPublished on 2017-10-18
- Xi calls on HK youths to serve HK, countrySource: Xi calls on HK youths to serve HK, countryPublished on 2017-06-30
- Your first trade for Thursday, October 19