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.


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.

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