A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as investors grapple with risk posed by the U.S. intensifying its technology war with China in areas as varied as artificial intelligence, quantum computing and aerospace. The U.S. also is seeking to toughen…
A look at the day ahead in European and global markets from Stella Qiu The rash of rate cuts over the past few days, with outsized 50 bp moves in Switzerland and Canada and a 25 bp easing by the European Central Bank, has helped to turbocharge the U.S. dollar, which jumped 1% on the…
A look at the day ahead in European and global markets from Stella Qiu What a week it’s been for Beijing. China’s leadership looks to be finally coming around to the reality of a faltering economy, and doing what markets wanted. You name it: RRR cuts, rate cuts, steps to bolster the share markets and…