Is the fall of the Chinese stock market temporary?
China’s blue chip index, the Shanghai Composite, fell 0.39% on Friday, while Japanese Hang Seng rose 0.28%. the Chinese index lost 3%, recording the largest decline since the market collapse in January 2016.
Brazilian Minister of Energy said that the country is ready to participate in the Oil market fight and push production to the limit, as long as the demand structure for energy still consists mostly of Oil products
Markets are keeping an eye on the European currency, as there is the potential for global growth. Currently, strong economic data is putting a lot of pressure on the ECB. Where will the Euro lead the growing divergence of the ECB policy and inflation expectations?
After Trump’s elections, the political factors seems to have outweighed the FED. If you carefully consider the investors’ reflation rate, which caused an unprecedented increase in the American assets, it seems that the Keynesian theory is taking place.