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China Adds $45 Billion to Stimulus to Pay for Infrastructure
Published: Friday, 01 July 2022 20:00 | 
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| China announced another stimulus measure to finance infrastructure projects, part of its push to drive investment and increase employment in the second half of this year as the economy starts to recover from the effects of Covid lockdowns.
Australia’s Biggest Cities Lead Housing Slide as Rates Bite
Published: Friday, 01 July 2022 20:00 | |
| (Australia’s two biggest housing markets, Sydney and Melbourne, led a fall in home values during June as rising interest rates further choked buyer demand.
Goldman Strategists Warn Risk of Stock Selloff Is Still High
Published: Friday, 01 July 2022 20:00 | |
| The risk of a renewed selloff in equity markets is still high as investors are only pricing a mild recession, according to Goldman Sachs Group Inc. strategists.
Ten-Year Treasury Yield Hovers Below 3% as Recession Fears Mount
Published: Friday, 01 July 2022 20:00 | |
| Treasuries began the second half of the year on the front foot Friday as concerns continued to mount that Federal Reserve rate hikes will lead to a recession.
World’s Sixth Biggest Economy Feels Heat From EM Investor Exodus
Published: Friday, 01 July 2022 20:00 | |
| Investors reeling from the brutal emerging markets selloff over the past six months again fled the rupee as India’s currency hit new lows, prompting the government to curb gold imports and oil exports to arrest a widening deficit.