The commodities market is experiencing a significant shift, presenting a more favorable investment landscape according to Aaron Dunn, co-head of value equity and portfolio manager at Morgan Stanley Investment Management. In an interview with CNBC’s “Squawk Box Asia,” Dunn highlighted that we are at the “beginning of a longer-term commodity cycle.” This shift implies that
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Japan’s real estate market has experienced a significant surge in foreign investments in recent times, driven by favorable economic conditions and the country’s ultra-loose monetary policy. The weakness of the Japanese yen has also played a major role in attracting foreign investors, as the country’s central bank maintains its accommodative stance. This article analyzes the
The stock market experienced a significant decline on Tuesday as traders grew increasingly concerned about rising Treasury yields, which reached a 16-year high. The Dow Jones Industrial Average plummeted by 345 points, equivalent to a 1% decrease. Similarly, the S&P 500 and Nasdaq Composite both slid, experiencing declines of 1.1% and 1.5% respectively. The drop
China’s appetite for major commodities has been growing at robust rates, exceeding expectations set by Goldman Sachs. Copper demand has risen by 8% year on year, while iron ore and oil demand has increased by 7% and 6% respectively. This surge in demand can be attributed to strong growth in the green economy, grid, and
Former Prime Minister Robert Fico of Slovakia’s SMER-SSD party has emerged victorious in the recent parliamentary election, defeating his progressive rival. Fico campaigned on ending military aid to Ukraine, a stance that resonated with a significant portion of the electorate. However, despite this victory, Fico will need to build alliances in order to form a
European stocks saw a glimmer of hope on Friday, with the pan-European Stoxx 600 index closing up 0.5% from the previous session. This modest rebound was a welcome relief after a challenging month and the worst quarter in a year for European markets. However, despite this recent uptick, concerns lingered about the overall performance as
The Paris public prosecutor’s office has recently launched an investigation into Bernard Arnault, the CEO of luxury goods company LVMH. This investigation stems from financial transactions involving Russian oligarch Nikolai Sarkisov. The allegations suggest that Sarkisov purchased real estate at an Alpine resort with the assistance of a loan from Arnault. The Investigation and Its
The Singapore Exchange (SGX) recently made headlines by becoming the first exchange in Asia to offer trading in “structured certificates.” These financial instruments, issued by a third party, are based on underlying assets and depend on the performance of those assets for their returns. While this move is seen as a positive development for SGX,
The benchmark 10-year Treasury yield reached its highest level in over 15 years, causing concerns among traders and investors. As fears of persistent inflation and tighter monetary policy loom, market participants are left contemplating the potential consequences for the economy and financial markets. The 10-year Treasury yield surged by 5 basis points to 4.612%, surpassing
China’s rapid urbanization drive, which has been progressing at an astonishing pace over the past decade, is finally coming to a halt. This development, according to China economist Hao Hong, could further exacerbate the already struggling property sector in the country. Hong points out that the excessive building of housing for the Chinese population has