Marketmind: Calm returns: Investors switch to bank fundamentals
A look at the day ahead in European and global markets from Anshuman Daga Turbulence in global markets is gradually giving way to stability. A day after regional U.S. lender First Citizens…
China equity selloff not on fundamentals, creates opportunity – JPM
(Reuters) – Monday’s selloff in Chinese equities does not correspond with fundamentals and creates an opportunity for investors, analysts at JPMorgan said on Monday. “We believe this is a good opportunity to…
Avoid fx intervention if currency weakness is due to fundamentals, IMF economists say
(Reuters) – Countries should avoid spending scarce foreign exchange reserves intervening to support currencies that are weakening as a result of economic fundamentals such as interest rate differentials, the International Monetary Fund’s…
Markets to fall further as econ fundamentals worse than 2007, says GMO’s Grantham
By Lisa Pauline Mattackal (Reuters) – Financial markets should brace for further pain, with global economic health at its most precarious level in years, due to stubborn inflation, hawkish central banks and…
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