Manufacturing activity in Malaysia remained subdued in July 2017.
Consumer prices in Malaysia grew 3.6% in June 2017, compared with its 3.9% rise in May 2017.
Exports from Malaysia in June 2017 stood at 73.1 billion Malaysian ringgit (MYR) (about $17 billion as of August 11, 2017), or 10% higher YoY.
Malaysia’s trade surplus jumped to 9.9 billion Malaysian ringgit (MYR) (about $2.3 billion as of August 11, 2017) in June 2017—an 80% rise YoY.
This week, the S&P 500 started on a stronger note by rising to a new record high. But on Tuesday, the market closed lower due to decreased risk appetite.
The United Kingdom’s FTSE 100 Index started this week on a strong note and rose on Tuesday, August 7, 2017, to the highest close in ten weeks.
With an additional weakness in the markets due to tensions in North Korea, Japan’s Nikkei Index fell on Thursday to the lowest level in more than two months.
Consumer prices in Colombia (GXG) rose 3.4% on a year-over-year basis in July 2017, lower than the 4.0% rise in June 2017.
Industrial confidence in Colombia (GXG) improved in June 2017 to -5.4% as compared to -8.8% in May 2017.
The business confidence in Colombia (GXG) in June 2017 remained in negative territory but recovered from lows in the last five months.
Colombia (GXG) signed a deal with the Mercosur trade bloc on July 21, 2017, to allow the import of limited quantities of certain products without a tariff in the Colombian market.
Colombian (GXG) exports stood at $2.8 billion in June 2017, a 0.8% increase year-over-year and an 18% decline on a month-over-month basis.
Greenspan cites rapid inflation growth as the reason for a bond market collapse. But the markets and Fed officials think otherwise.
Fundamentally, bonds (AGG) are a discount instrument and are generally never expected to be in a bubble. Let’s see why that’s the case.
In his interview on the Bloomberg channel on July 31, 2017, former Fed chair Alan Greenspan rang alarm bells about the bond market (BND) being in a bubble.
Alan Greenspan believes that interest rates in the United States and globally are too low and might have to be increased too quickly in the future.
The US Dollar Index started this week on a stable note. After pulling back on Wednesday, it’s trading with strength in the early hours on Thursday.
Six out of the S&P 500’s 11 major sectors closed positive on August 9. Weakness in the Consumer Discretionary and Utilities sectors weighed on the market.
At 6:20 AM EST on August 10, the FTSE 100 Index was trading at 7,416.50. The iShares MSCI United Kingdom ETF (EWU) rose 0.09% to $34.25 on August 9.
On August 10, the Shanghai Composite Index fell 0.42% and ended at 3,261.75. The market is looking forward to the release of China’s new loans data.