Australian Dollar Plunges on Negative Sentiment
According to the National Australian Bank (NAB), business confidence—which comes out monthly—stooped from +8 to +4.
Will China’s Economic Transition Benefit the Country?
Small and medium enterprises (SMEs) remain at the center of the narrative as China transitions from an “old” production-driven model to the “new” consumer and service-led economy.
Since the global financial crisis in 2008, China’s debt concern has increased. China (FXI) (CNXT) landed itself in massive debt to revive its economy.
We continue to believe that when evaluating any investment in either the emerging markets or any global allocation of assets, China needs to be considered.
Resilient Global Growth Supports Equities
OppenheimerFunds Leading indicators of the global economy are climbing and that generally bodes well for equities. Previously, we highlight the tight fit between the JP Morgan Global Composite Purchasing Managers’…
OppenheimerFunds Make no mistake, China is a controlled economy where growth can still be manufactured at will. Massive fiscal and monetary stimulus has China going through a “mini” boom with…
OppenheimerFunds That was then: For the longest time, we insisted that the strength of the dollar was the equalizer in a deleveraging world. If the Fed were to be the…
Bank of Japan Maintains Ultra Eased Monetary Policy
Bank of Japan governor Haruhiko Kuroda kept the rates unchanged at 0.1% in the monetary policy statement announced on Friday.
British Pound Falls Lower on Less Hawkish Bank of England Report
The British pound–dollar pair saw a long red candle at the end of Thursday’s trading session, closing considerably lower as the pound sterling fell by 0.58% against the dollar.