• World stock markets continue to rise on strong US jobs data

    9 monthes ago - By Chron

    SINGAPORE - Global stock markets rose Monday on continued optimism over last week's upbeat U.S. jobs report, and despite an impasse between Beijing and Washington over trade.
    KEEPING SCORE: Germany's DAX rose 0.1 percent to 12,735 and France's CAC 40 added 0.3 percent to 5,483. Britain's FTSE 100 climbed 0.8 percent to 7,763. Wall Street was poised to open higher, with Dow futures up 0.5 percent and broader S&P 500 futures up 0.3 percent.
    MORE U.S. JOBS: Investors sentiment has been bolstered by the report on Friday that U.S. employers added a robust 233,000 jobs in May, up from 159,000 in...
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  • How The U.S. Dollar Is Hurting Emerging Markets Performance

    How The U.S. Dollar Is Hurting Emerging Markets Performance

    9 monthes ago - By ETF Daily News

    From John Rubino : For most of the past few years, emerging market stocks and bonds were among the favorite investments of everyone from hedge funds to pension funds to retirees.
    Now, not so much.
    The next two charts (courtesy of Saturday's Wall Street Journal ) show the huge recent run ending in January, to be replaced by a full-on rout.
    What happened? Well, it turns out that a big part of the apparent success of economies like Argentina and Indonesia came from their ability to borrow in international markets - frequently in US dollars - and use the resulting cash to build roads, bridges...
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