Jun 2, 2017 | Investment Advice

International News (Issue 451) – June 2nd, 2017

The main news out from offshore this week came by way of the manufacturing reports in each of China and the US.

China was decidedly softer than expectations, and fell back to an 8-month low as financial conditions tighten.

The US on the other hand was a lot brighter, and May saw an uptick in new order volume alongside further evidence of strong jobs growth.

The Federal Reserve meet in a fortnight, and it would seem for certain that interest rates get elevated again at that time.

Have a great weekend.

Jono & Guy

Thursday Closing Values

U.S. S&P 5002430+15+0.6%
London’s FTSE7543+25+0.3%
Japan’s Nikkei20073+260+1.3%
Hang Seng25911+280+1.1%
China’s Shanghai 3092-16-0.5%


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