A tight U.S. presidential election race has unnerved investors in emerging markets, who fear a return of former President Donald Trump to the White House could hurt emerging markets just as they were poised to shine. But analysts are now concerned that under a second Trump presidency trade barriers could be buttressed, spurring a rebound in inflation and thereby interest rates, lifting the dollar and eventually weighing on emerging markets again. "Normally this would be a good macro backdrop for emerging markets: resilient growth, continued disinflation and a weak dollar," Arun Sai, senior multiasset strategist at Pictet Asset Management, told the Reuters Global Markets Forum (GMF).
Japanese OEMs are struggling to compete in China’s car market
According to GlobalData, Japanese OEMs don’t appear to be proactive in the NEV transformation
U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.
U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.
UK Parliament Introduces Bill to Clarify Crypto's Legal Status
In a landmark move, the UK government has officially introduced the a new Bill, which aims to recognize digital files, digital records, email accounts, digital carbon credits, cryptoassets and non-fungible tokens (NFTs) as personal property under British law. This legislation will provide ...
Stock Market Today: Stocks edge higher after wild tech rally
Tech stocks, ECB rate cuts and factory inflation data will be in focus on Wall Street Thursday.
Stock Market Today: Stocks edge higher after wild tech rally
Tech stocks, ECB rate cuts and factory inflation data will be in focus on Wall Street Thursday.