The threat of u. S. Sanctions. Adds that he will reduce rates significantly by yearend. And a different kind of trade war. Citigroup kicks off the week with week trading revenue expecting to weigh on the numbers. Manus a warm welcome to a break gear. The worlds first Largest Sovereign Wealth Fund has delivered its annual report. That theare saying twentyyear year return is forcing a 5. 4 the majority the 696 ilya and in at billion in assets. If you are one of the unfortunate people running into a bumpy time looking for a job, they are looking for if managers. Expect to add new managers. In terms of the positioning, of the boarde 55 actively managed, up from 50 . Private equity playing a critical role. There are some lines and there about india and china. We will discuss the markets with our guest host. A look at us take some of the markets. A record00 closed at on friday. Futures point to a bit of a flat open. The focus turning to fed speakers that we will hear from this week that also
Project to the belt underwrote initiative. This week, representatives from more than a 100 countries are gathering invasion to discuss the scheme which has seen china land billions of dollars to poor nations. Opened it with strict repayment the condition of the test. The initiative widely seen as a way for facing to a surface geopolitical mice comes against the backdrop of the devastation conflict in israel, as well as russias ongoing war in ukraine. And among those attending this for him is russian president vladimir putin. This would be his 1st visit to a major global power since the beginning of the war and ukraine. In recent months, relations between china and russia have grown in importance with beijing refusing to condemn hootons war. The 2 countries united in their struggle to combat what they perceive of western dominance. Lets take less than that to have put and defend a china from occupations that is using the belt and road project to cement its own geopolitical mice. Museum
Rishaad japans recovery on track, growing for a fourth straight month, the best performance since 2008. Investmentaba the to in chinas largest hypermarket chain. Rishaad we started with the markets. 6647. S a technical chart it is showing a double top formation. Msci asiapacific index slipping from last monday to friday, halting a rally that had lifted 6 . The asian gauge risk of a p technical pattern, which means the path of least resistance would be to the downside after it hits it. Fatigue, ifse of nothing else, creeping into the markets. The u. S. Session, thanksgiving towards the end of the week, and in asia, a loss of momentum of the that continuation japanese recovery story taking place. This week is all about centralbank minutes, the ecb, rba, and the fed. Four for rate hikes in 2018 supported by the october minutes. David im looking at the wti screen to show you the nuts and bolts. Sophie the kleins for the despite25 and the topix trade data indicating the best performance now
The week began with the region coming to terms with the worst assaults in egypts history after an attack in northern sinai hundred people dead. I spoke with a Senior Executive officer. What if it is an Inflection Point . Shocking event in terms of the nature of it and the death count that has come out of it. The thing you have to remember is that egypt has gone through a whole series of things on the political side, security side, as well as markets. Now we should view it as an isolated event and see where things go. Asisi came out strongly and said they will clamp down hard. We will see where things progress before jumping to too many conclusions. Yousef the question becomes how should investors look at it. You are saying look at it as an isolated event. I went back to the last terror event. Egyptian assets remain strong. Its quite interesting. If you look at it and go back a year, you almost have to view this as the timeline situation. They year back, very few Foreign Investors had a
One would influence the other. Thats an extremely complicated question. What happens is many chinese are come to america and white workers accuse them of working for lower wages and of being imported here, meaning being carried in on contracts. And some go out of their way and say were not against chinese immigration, were just opposed to them being brought here on contracts. Politicians in this period, the 1870s and the 1880s is an era in that the two parties are virtually equal in numbers. For the last 20 years or so there have been been dimensions but weve had some of the closest elections in history. Now, as well see this year, there are a half dozen Battle Ground states. Whoever wednesday ohio and florida will likely twin election. Democrats and republicans were evenly divided. Anything that could gain a few votes would switch the election. They claim they kind of fudge over the argument about importation and say if we keep the chinese outs, this will be good for the american econ