A -4% drop in oil and a retreat on Wall St will weigh on markets after the ASX 200 had its best day of the year yesterday.
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.
Perpetual has tapped three investment banks to run a strategic review of its segmented structure, hinting at a possible separation of its asset management business.
This is proof you should be using this period to accumulate cheap stocks…especially the small caps
ASX to rise. US job openings hit two-year low as labour market cools. Bitcoin hits 19-month high. Rio Tinto pencils in big spend for Simandou. Magnis Energy loses control of iM3NY.
Evolution Mining has beaten its rivals to buy an 80% stake in Northparkes copper-gold mine for up to US$475 million.
Wall Street and commodities fell overnight as the Wall Street rally ran out of puff. Gold fell from its record high, while BTC continued to surge.