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Funds' Underweight Stance on China Stocks Leaves Room for Rally bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — Stocks took a breather after rallying to all-time highs, with investors turning to Federal Reserve speakers and jobless claims data for new clues on the path of interest rates. S&P 500 futures were little changed, while Europe’s benchmark index edged lower. Treasuries and the dollar posted small moves. Meanwhile, copper soared for another… ....
Investor sentiment has turned positive after a slew of global investment banks made positive calls on Chinese stocks amid expectations of more policy support from Beijing. ....
A dovish US Federal Reserve and a gigantic share buy-back programme from Apple lifted Hong Kong stocks with sentiment remaining upbeat after China’s top policymakers signalled further support to economic growth. ....
(Bloomberg) Hong Kong’s benchmark equity index headed for a technical bull market as a surge in Chinese property shares gave more impetus to this month’s stellar rebound.Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoYen Watchers Ask When Japan Will Step In as Slide AcceleratesBlade to Offer Luxury Bus Service to Hamptons at Fare Up to $275Southeast Asia Heat Wave Shuts Schools, Stokes ....