Asia Underperforms on Wednesday as Hong Kong Seeks to Revive Momentum by Cutting Some Real Estate Taxes Amid a Major Crisis.

Meanwhile, a Creditor Files for Liquidation of Country Garden, One of China’s Leading Real Estate Groups Asia trended downward on Wednesday, February 28th, particularly the Chinese stock markets. At 7:40 AM Italian time, the Nikkei was below parity, the Hang Seng lost 1.2%, Shanghai was down 0.8%, while the U.S. ten-year T-bond was sideways at […]

Continue Reading

Chilly Prediction: Britain Braces for 9-Inch Snow Cover as Icelandic Cold Snap Nears -10C

The UK is bracing for a wintry spell just before Christmas, as the latest weather forecasts predict a significant snowfall in certain regions. An icy blast originating from Iceland is anticipated to sweep across the country, bringing temperatures plummeting to below -10°C. Projections indicate that parts of northern England might witness snowfall on Christmas Eve. […]

Continue Reading

Euro continues to fall to $1.0678

The euro fell against the dollar on Tuesday after the release of data showing that economic activity in the United States (US) advanced, in an environment of risk aversion due to geopolitical tensions. At 6pm (Lisbon time), the euro was trading at 1.0678 dollars, while on Monday around the same time it was at 1.0706 […]

Continue Reading