The commodities market is currently seen as a much more constructive place to invest, according to Aaron Dunn, a portfolio manager at Morgan Stanley Investment Management. He believes that we are at the beginning of a longer-term commodity cycle, making this sector increasingly attractive for investors. Dunn’s insight sheds light on the potential opportunities that
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Foreign investments into Japan’s real estate sector have been flourishing in the past year, driven by a weak Japanese yen and the country’s ultra-loose monetary policy. The Bank of Japan’s decision to maintain benchmark interest rates at -0.1% sets them apart from other major central banks, which have raised rates in recent years to combat
The stock market experienced a significant decline on Tuesday as traders closely monitored the surging Treasury yields, which reached a 16-year high. The Dow Jones Industrial Average plummeted by 345 points, equivalent to a 1% loss. Similarly, the S&P 500 and the Nasdaq Composite both experienced significant declines, dropping by 1.1% and 1.5% respectively. As
China’s appetite for major commodities has been growing at an impressive rate, defying expectations and surpassing forecasts. In a recent note, Goldman Sachs highlighted the significant surge in demand for copper, iron ore, and oil, all of which have outperformed the investment bank’s full-year expectations. This article will delve into the factors contributing to this
Slovakia’s recent parliamentary election saw the victory of former Prime Minister Robert Fico and his party, SMER-SSD. Fico campaigned on a platform to end military aid to Ukraine and challenge the European Union’s consensus on support for Ukraine. With 98% of the voting districts reporting, Fico’s party secured 23.37% of the vote, placing them in
European stocks saw a glimmer of hope on Friday, but it couldn’t salvage what has been a weak month and the worst quarter in a year. While the pan-European Stoxx 600 managed to close up 0.5% in the prior session, the overall performance in recent weeks has been lackluster. In September alone, the index suffered
The Paris public prosecutor’s office has initiated an investigation into the CEO of LVMH, Bernard Arnault, regarding financial transactions involving Russian oligarch Nikolai Sarkisov. Initial reports emerged from French newspaper Le Monde, which cited France’s Tracfin financial intelligence unit. According to the report, Sarkisov had purchased real estate in an Alpine resort with the assistance
The Singapore Exchange (SGX) has recently made history by becoming the first exchange in Asia to offer trading in “structured certificates.” These financial instruments, based on underlying assets, have the potential to broaden investment options and boost market interest. However, analysts are still unsure about the long-term impact on SGX’s trading volumes and overall success.
The benchmark 10-year Treasury yield surged on Wednesday, marking its highest level in more than 15 years. This rise in yields comes as traders grapple with growing fears of persistent inflation and the potential for a longer-than-expected period of tighter monetary policy. The 10-year Treasury yield experienced a 5 basis point jump, reaching 4.612%. Just
China’s rapid urbanization drive, which has been a significant driving force for the property sector growth over the past decade, is now coming to a halt. This shift in the Chinese urbanization process, combined with the oversupply of housing, has created a challenging situation for the property sector. Economist Hao Hong warns that fixing the