The sharp sell-off of US equities yesterday weighed on global equities today. The Asia Pacific bourses were a sea of read with many of the large markets off 2%-3%. Japan, which returned from a three-day...
Russia’s brutality as it re-positioned forces in Ukraine and China’s move to ease the clash with US auditors dominate the news. Hong Kong tech stocks rallied on the news while mainland markets are closed today...
Hydraulic fracturing is banned across most of Europe, but, as the EU turns to the US for an alternative gas supply, how much fracked fuel will slip in through the side door? “We think that...
Commodity markets are in the spotlight as Russia keeps selling its oil and gas through specialized dealers in Switzerland. The business brings in billions of dollars that could be used to fight the war in...
While the World Health Organization debates about downgrading Covid from a pandemic, the rise China and Hong Kong cases is striking. A lockdown in Shenzhen and restrictions in Shanghai, coupled with a record fine by...
The market awaits the ECB meeting and the first look at the US Q3 GDP. The pullback in US shares yesterday was a drag on the Asia Pacific equities. It is the first back-to-back loss...
Record high closes yesterday for the S&P 500 and NASDAQ have done little to help global equities today. Most of the Asia Pacific region markets, but Japan and Australia slipped ahead of the weekend while...
French President Emmanuel Macron is pushing to water down the eurozone’s budget criteria. But some economists don’t think that’s a good idea. Less than a year before France’s next presidential elections, President Emmanuel Macron seems...
After seeing its pre-weekend gains pared yesterday, partly due to some disappointing data, the US bounced back today. It is posting broad gains, and the euro has been sold through last week’s lows. Among the...
Despite a soft close in US indices yesterday, global shares are on the march again today. Led by China and Hong Kong, most large markets in the Asia Pacific region advanced today. Officials gave approval...
While the true extent of the economic damage caused by the COVID-19 outbreak is yet to be determined, what’s certain is that the crisis will claim millions of jobs. But a handful of sectors may...
The UK’s exit from the EU could be an opportunity for African countries. Britain is repositioning itself, and the power dynamics in Brussels are changing. Can African governments leverage the changes to their advantage? There’s...