By Jiaxing Li, Summer Zhen and Li Gu HONG KONG/SHANGHAI (Reuters) – Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with an equities market that has wagered on a revival in consumption. Although China’s closed capital account diminishes the 33 trillion yuan…
(Bloomberg) — Brazilian markets wrapped up a turbulent week after a much vaunted plan to cut government spending came in well short of expectations, adding to angst over the country’s budget. Most Read from Bloomberg The package, detailed by Finance Minister Fernando Haddad on Thursday, sent the currency tumbling to an all-time low, and stocks…
Australia’s central bank is still running through the local implications of China’s stimulus measures as officials prepare the Reserve Bank’s latest update of forecasts for next month’s board meeting, Assistant Governor Sarah Hunter said. “It’s obviously very recent news,” Hunter said in an interview with Bloomberg Television in Sydney on Wednesday. “We are factoring it…