HALF TIME World stocks have been on a rollercoaster ride in the first half of 2020. Having slumped 35% from Feb. 20 to March 23, they are now within 10% of February's record highs thanks to lashings of fiscal stimulus, interest rates slashed [...]
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'RUSSELL RECON' After one of the most severe equity market selloffs in decades comes the June 26 "Russell Recon", the once-a-year re-jig of FTSE Russells's U.S. index range, tracked by over $9 trillion in assets. Bank of America analysts predict big changes this year, [...]
ROBIN HOOD AND THE MERRY TRADERS "Rise and rise again until lambs become lions," runs an oft-quoted line from the 2010 film 'Robin Hood'. The motto is being taken seriously by all those merry men and maidens chasing shares in little-known [...]
CROUCHING TIGER Have HSBC and Standard Chartered "chosen profits over human rights" in backing China's national security law for Hong Kong, as some suggest? Or does it reflect the tightrope businesses must navigate between Hong Kong's protesters and Beijing? U.S. special treatment for [...]
TESTY RELATIONS China just concluded its closed-door annual meeting of parliament, the National People's Congress (NPC), with top officials making clear that employment is the top priority.Fiscal stimulus worth more than 4% of GDP has been commissioned, primarily to boost jobs and incomes, but [...]
VACCINE RACE U.S. President Donald Trump has put his faith in anti-malarial drug hydroxychloroquine to ward off COVID-19, but governments and investors are focusing on a vaccine. Without one, it's unlikely economic activity can resume fully. So the race is on, and the [...]
SUB-ZERO Love them or loathe them, negative interest rates are back in the spotlight as ammunition-depleted central banks debate the pros and cons of going down the unorthodox route already trodden by the BOJ and ECB. The Federal Reserve has so far brushed [...]
THIRD LAW OF TARIFFS China's exports rebound has been quickly overshadowed by dire predictions of Trade War II between the world's two biggest economies. Markets are hoping Donald Trump's threats to penalise China for COVID-19 are pandering to Americans' fear of China during an [...]
MAY DAY FOR CHINA China has headed off on Labour Day holidays but its leaders won't be resting easy. U.S. President Donald Trump has ratcheted up anti-China rhetoric again. He is threatening trade tariffs to punish Beijing for its alleged failure [...]
A BATTLE FAR FROM WON The European Central Bank is set to spend just over a trillion euros on asset purchases this year alone, has eased its rules on what it can buy and when, and has stepped up supportive measures for banks [...]