Clive Mcdonnell News
-
Most emerging-market stocks declined as foreign direct investment into China slumped for a fifth month, raising concern weaker growth in the world’s second-largest economy may weigh on riskier assets.
-
Standard Chartered Plc prefers stocks in the Association of Southeast Asian Nations and India to those in North Asia, said Clive McDonnell, head of emerging equity strategy at Standard Chartered Bank.
-
China’s stocks climbed the most in six weeks on easing concern the European debt crisis will derail the global recovery and speculation this year’s bear market declines have been excessive given the earnings outlook.
-
The following are some of the important stories that broke overnight, and newspaper summaries in India today:
-
Emerging-market stocks fell, with the benchmark index posting the biggest four-day tumble in 15 months, on concern a real-estate slump in China and Europe’s government debt crisis will slow economic growth.
-
China’s policy makers may start easing monetary policy in the coming months as bond yields signal that the economy is heading for a “hard landing,” BNP Paribas said.
-
India’s stocks rose to a two-month high on speculation a new government rule will boost investment in equities and as China’s move to end the yuan’s fixed rate to the dollar boosted confidence in the global economic recovery.
-
The biggest two-day rally in the Hong Kong-traded shares of Chinese companies since 2008 signals mainland stocks may rise after a one-week holiday on speculation inflation is slowing and the European debt crisis may be contained.
-
China’s stocks were raised to “overweight” from “neutral” by BNP Paribas analysts led by Clive McDonnell, who cited expectations the nation will start to ease monetary policy.
-
Asian stocks outside of Japan may fall 17 percent in the short term as the Greek fiscal crisis prompts a drop in fund flows, BNP Paribas said.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page