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Rick Rieder banks on December Fed rate hike

Rick Rieder, Chief Investment Officer of Global Fixed Income, BlackRock Asset Management While yesterday’s Federal Reserve Federal Open Market Committee (FOMC) announcement may be overshadowed somewhat by the policy adjustments emanating from the Bank of Japan (BoJ) yesterday (more on this later), we nevertheless think the Fed’s statement and press ...
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The Future of Globalization

Marc Chandler, Global Head of Currency Strategy, Brown Brothers Harriman The cross-border movement of goods, services, and capital increased markedly for the thirty years up to the Great Financial Crisis.  Although the recovery has given way to a new economic expansion in the major economies, global trade and capital flows ...
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Chinese Economy Is Becoming More Consumer-Led: A. Gary Shilling

A Gary Shilling As the leaders of 17 countries gathered in the Philippines Wednesday for the annual Asia-Pacific Economic Cooperation forum, Chinese President Xi Jinping stated the obvious. "The Chinese economy is a concern for everyone," he said. "We will work hard to shift our growth from just expanding scale ...
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Emerging-Market Stocks Rally on Signs of Easing Political Risks

Natasha Doff Fading political risks and wagers that recent declines have overshot the potential impact of a China slowdown lured investors back to emerging-market stocks. Russian equities and bonds rallied the most among developing nations as signs grew the need to put up a joint fight against terrorism is bringing ...
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Euro Parity Flagged by Invesco on View for December Fed Liftoff

Kevin Buckland The Federal Reserve is certain to raise interest rates in December, lifting the dollar toward parity with the euro, according to Invesco Ltd.  Dollar strength will come largely against emerging Asian currencies rather than its developed-market peers, with the yen particularly resilient as the Fed keeps the pace ...
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Barings’ Buckley optimistic about European market despite muddy economic outlook

By Emily Lai The global market has been paying close attention to central banks’ movements these two weeks, with central banks of Australia, New Zealand, and Europe all signaling more accommodative measures while the Federal Reserve hints on a rate hike before year end. The Euro Stoxx 50 jumped almost ...
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Diversifying Risk under One Umbrella

By Emily Lai Seemingly offering a range of asset classes under one umbrella, are multi-assets the way forward in portfolio diversification? BENCHMARK talks to the multi-assets experts to find out whether it’s really that simple. A multi-asset fund sounds all inclusive, giving the possibility of holding equities, bonds, currencies, even ...
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Diversifying Risk under One Umbrella

By Emily Lai Seemingly offering a range of asset classes under one umbrella, are multi-assets the way forward in portfolio diversification? BENCHMARK talks to the multi-assets experts to find out whether it’s really that simple. A multi-asset fund sounds all inclusive, giving the possibility of holding equities, bonds, currencies, even ...
Read More