Chinese stimulus has put a rocket under Chinese stocks and many commodities. Will the good times continue?
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
ASX NEWS LIVE | ASX to Rise with Wall St; Rio Tinto Buys Arcadium Lithium for $9.9b
The ASX is set to follow Wall St higher as the S&P 500 and Dow Jones closed at record levels before the US CPI print due this evening.
ASX NEWS LIVE | ASX to Rise with US Stocks as China’s Misstep Sees Oil and Iron Ore Plummet
The ASX 200 is set to rise despite the commodity market’s heavy sell-off overnight as China’s latest stimulus promise disappointed investors.
ASX NEWS LIVE | ASX Set for Weak Day as Energy Stocks Hold the Line; Iron Ore Jumps Ahead of China Stimulus Hopes
The ASX 200 slipped on opening as local markets mirrored the sell off on Wall St. In commodities iron ore and oil jumped sharply overnight as the Middle East conflict and China Stimulus hopes drove traders.
Rio Tinto [ASX:RIO] Eyes Lithium Future with Arcadium Approach
Arcadium Lithium’s stock is up by 44% as Rio Tinto approaches the lithium giant for a takeover deal. Is this a good time for investors to think about lithium?
ASX NEWS LIVE | ASX to Rise; Rio Tino Eyes Lithium Play with Arcadium Deal
The ASX 200 is set to gain today as a blowout jobs report in the US has pushed a ‘risk on’ mood in traders. Meanwhile oil retreats from recent highs.