Feb 19, 2016 | Investment Advice

International News (Issue 387) – 19 February 2016

 International News

I will keep it pretty tight here today since the most notable items from offshore markets this week were examples of price action, as opposed to any particular headlines.

The Federal Reserve meeting minutes were released and understandably acknowledged that the pace of interest-rate tightening in the US could be slowed if the volatility in investment markets began to impact the real economy.

Zzz.

In China we saw a new commitment from the NDRC (China’s foremost economic and infrastructure policy body) to spend more money on national infrastructure as a means to bolster flagging economic growth.

Many of the cyclically exposed stocks in China saw a strong rally on this news, but the reality is it remains entirely unknown as to whether yet more infrastructure spend can alleviate the ongoing industrial malaise in China.

Disclaimer: This information has been prepared by Primestock Securities Limited ABN 67 089 676 068, AFSL 239180 (“Prime”). Prime accepts no obligation to correct or update the information or opinions in it. This information does not take into account your objectives, financial situation or needs. Before acting on this information, you should consider whether it is appropriate to your situation. It is recommended that you obtain financial, legal and taxation advice before making any financial investment decision. Prime is bound by the Australian Privacy Principles for the handling of personal information.

SPEAK WITH US TODAY

A unique and personal service approach and support for all your business advisory and personal wealth management needs

Request a free consultation

A unique and personal service approach to support all your business advisory and personal wealth management needs.

Request a free consultation