With the pace of inflation on the way down and interest rates set to follow, this year is expected to favour investors who can sniff out a good deal early..
Equity markets in Asia closed on a strong positive note tracking the euphoria generated by China's surprise announcement of a 50-basis points cut in the reserve requirement for banks.
Equity markets in Asia closed on a positive note amid the euphoria generated by China's surprise announcement of a 50-basis point cut in the reserve requirement for banks.
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside after pulling back well off their highs late in the previous session.
Australian shares fell on Thursday
after global markets extended a decline on doubts about the
number of U.S. interest rate cuts this year, even as the Federal
Reserve almost declared victory in.