The once thriving landscape of Western financial firms in China is beginning to face challenges, as doubts arise about China’s economic recovery and its markets fail to keep up with their global counterparts. This shift is evident in the recent actions taken by firms like Fidelity International Ltd (FIL), Morgan Stanley, and Legal & General,
Learn how to become a virtual assistant for online businesses and capitalize on the booming industry. Discover the steps you need to take and the skills you need to succeed.
The recent climb in U.S. Treasury yields has captured the attention of investors eagerly awaiting crucial economic indicators to gain insights into the economy and the potential trajectory of interest rates. The 10-year yield saw an increase of over two basis points, reaching 4.6414%, while the 2-year yield followed a similar upward trend. Market focus
EURJPY has been showing signs of bullish momentum, with the bulls gearing up to challenge the recent high of 165.34. However, the looming intervention threat is acting as a roadblock to a more aggressive bullish trend. The verbal commentary from Japanese officials, the upcoming BoJ meeting, and dovish statements from ECB members are all contributing
China’s data-driven quant trading funds are rapidly expanding overseas as competition intensifies at home. With regulators tightening scrutiny of the $260 billion sector, firms like Meridian & Saturn Capital (MS Capital) are beginning to offer their China strategy to offshore investors. DH Fund Management recently established its first offshore fund in March, signifying a move
Discover the top survey sites to start making money today! Say goodbye to 9 to 5 jobs and earn in the comfort of your home. Read now to find out more.
The gold price is currently trading near $2,385 on Monday, experiencing a slight decline. This is mainly attributed to the hawkish shift in market sentiment, which could potentially dampen the demand for the yellow metal. The recent comments by Federal Reserve officials have also contributed to capping the upside of gold. Interest Rates and Gold
The recent weakening of the Japanese Yen could lead to a rise in import costs and inflation, which may have implications for household spending and the overall Japanese economy. The upcoming release of inflation data from Tokyo will provide insight into how the weaker Yen is affecting consumer prices, giving the Bank of Japan valuable
China has a significant impact on Australian exports, accounting for one-third of the total exports. This relationship is crucial as it influences job creation and wage growth in Australia. With 20% of the Australian workforce in trade-related jobs, any improvements in trade terms with China could potentially lead to an increase in job opportunities and
The world of the uber wealthy is a realm that very few will ever experience. Their investing strategies are vastly different from the average investor, with a focus on preserving their legacy and wealth for future generations. The population of centimillionaires, individuals with a net worth of over $100 million, is relatively small, with around
The steel industry in China is currently facing challenges beyond U.S. tariff threats. Despite President Joe Biden’s proposal to triple tariffs on Chinese steel imports, the impact is largely seen as symbolic. With steel consumption in China expected to shrink again this year due to a prolonged property crisis and slowing infrastructure demand growth, the
Learn how to make money in real estate without owning property. Explore strategies like renting out a room, becoming a wholesaler, investing in REITs, participating in crowdfunding, and joining real estate syndications. Find alternative pathways to profitability.