China’s economy has hit a roadblock in the second quarter of the year, with growth slowing down to 4.7%. This marks the slowest growth rate since the first quarter of 2023, falling short of the 5.1% forecast by analysts. The sluggish growth is attributed to a prolonged property downturn and job insecurity, which have dampened
Strategy
Argentina’s central bank recently announced a new strategy to combat inflation and stabilize the country’s money supply. The move, spearheaded by Economy Minister Luis Caputo, involves selling U.S. dollars in the parallel foreign exchange markets to help deepen the disinflation process. This article will analyze the implications of this strategy and its potential effects on
The recent fall of the dollar against the yen for two consecutive days has raised concerns about Japan’s possible intervention in the currency markets. Meanwhile, global equities saw a rise as investors shifted their attention towards the anticipated U.S. Federal Reserve interest-rate cuts. The fluctuation in the benchmark 10-year U.S. Treasury yield, following the release
In the week ending July 5, foreign investors poured a significant amount of money into Japanese stocks, totaling a net purchase of 916.05 billion yen, marking their most substantial weekly investment since January 12. This surge in investments was primarily fueled by a market rally and optimism surrounding the solid corporate earnings expected in the
In a recent article by the Financial Times, it was reported that Prabowo Subianto, the President-elect of Indonesia, plans to allow the nation’s debt-to-GDP ratio to rise to 50%. This decision is based on the condition that his administration can increase tax revenues. While this may seem like a bold move to boost economic growth
The leader of the hard-left France Unbowed Party, Jean-Luc Melenchon, is portrayed as a fiery orator with a divisive reputation in French politics. Known for his unorthodox proposals and class war rhetoric, Melenchon has faced accusations of antisemitism. Despite his political experience and previous presidential runs, he has not been able to secure a win,
The upcoming U.S. presidential election has sparked fluctuations in bond yields as investors brace themselves for potential outcomes. President Joe Biden’s performance in the initial debate against rival Donald Trump caused yields to rise significantly, signaling a shift in market sentiment. The prospect of another term for Trump has led some investors to anticipate higher
The US markets closed recently as the country commemorated its efforts to break free from monarchy rule. There has been some buzz in the media regarding the possibility of US President Biden running for re-election. Nevertheless, the markets are not expected to show any significant reaction to such speculations, at least not at this early
The American Reshoring ETF, introduced by Tema ETFs CEO Maurits Pot, is focused on supporting the revival of U.S. manufacturing jobs. Pot believes that this movement, often referred to as “deglobalization,” is just beginning and emphasizes the importance of job creation and bringing back local manufacturing positions. This ETF was launched in May 2023 and
Tungsten is a metal with a wide range of applications, from weapons and autos to electric car batteries and semiconductors. China dominates the supply chain for many critical minerals, including tungsten. The country’s control over this metal has raised concerns about the vulnerability of supply chains that rely heavily on Chinese production. Although China has
China’s manufacturing activity faced a setback in June, marking the second consecutive month of decline. The National Bureau of Statistics revealed that the purchasing managers’ index (PMI) remained stagnant at 49.5, below the 50-mark that signifies growth. Despite some positive indicators, such as the production sub-index being above 50, other key factors like new orders,
Global equity funds experienced a surge in inflows during the seven days leading to June 26. This influx, totaling $21.65 billion, was the highest recorded in more than three months. Investors are optimistic due to expectations of moderating U.S. inflation levels, which could prompt the Federal Reserve to announce interest rate cuts. The U.S. central