Tag: chinese stock marketsSort
Dollar Rallies as Demand for Higher Risk May Have Been Overdone
The U.S. Dollar is expected to open higher across the board following a sharp rally overnight against all major currencies. The rally in the Dollar started in Asia following a sell-off in the Japanese and Chinese stock markets. The overnight action suggests that last week’s rally triggered by demand for higher risk assets may have been overdone.
Chinese Trade Deal Should Boost Taiwan’s Market… Eventually
Despite the historic trade agreement signed earlier today between Taiwan and China, Taiwan’s TSEC weighted index (^TWII) closed down 2.43%. It seems that fears of global recession trumped this historic economic breakthrough. This turn of events now presents investors with the question: Is it time to get into ^TWII?
China’s economy is slowing. But the country is still investing heavily in the future says Irwin Greenstein. He says the post-Olympic malaise will soon be replaced with massive construction and infrastructure projects that will last decades. Irwin thinks these are the trends that long-term investors cannot afford to ignore.