The FTSE 100 closed down 1.75% to 7627 points amid a broader sell-off across global markets while domestic inflation data came in ahead of expectations, indicating further monetary tightening ahead, Interactive Investor head of investment Victoria Scho. | May. 24
UK Inflation Data Means Higher Rates, Recession More Likely morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Asian stock markets such as Japan are now the hottest bet as investors turn away from China’s sluggish recovery and chase equity opportunities elsewhere in the region, according to strategists.
Authorities in the Greater Bay Area are discussing an expanded Wealth Management Connect scheme that will allow investors to buy global equity products as well as increase their individual quotas, the HKMA chief says.