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    DudetteUK DudetteUK
    Thank you for the trade idea. Best
  • Editor’s Picks / 2 hours ago

    China's Silk Road — big on vision, light on detail

    Financial Times
    China's Silk Road plan will, if it comes to eventual fruition, be the grandest plan of economic diplomacy since the Marshall Plan flooded Europe's coffers in the aftermath of WW2. But, write Charles Clover and Lucy Hornby, president Xi Jinping's grand vision on which he hopes to secure his legacy lacks detail and leaves those states hoping to benefit from the potentially enormous cash injection required to develop the overall infrastructure, grasping for clues. China will also have to wrestle with being a great economic power and taking on board the security element as its influence grows into central Asia and beyond which has become the biggest foreign policy headache for the US for decades. The Silk Road is alive with possibilities, but even if it is a success, it will force Beijing to confront issues it might have hoped "soft power" would help it avoid.
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  • Article / 4 hours ago

    From the Floor: Oil bashed by twin glut forecasts

    Deputy Editor /
    From the Floor: Oil bashed by twin glut forecasts
    Another outburst of Chinese wobbles – this time inspired by unexpectedly poor import data – sparked a risk-off sentiment shift across Asia overnight that sent regional bourses sharply lower, battered commodity currencies and reignited interest in safe-haven assets such as bonds. Crude oil, too, saw its recovery rally fade away because in addition to Chinese data, Opec's latest monthly report showed output hitting its highest level in over three years.
    Read the article
  • Editor’s Picks / 4 hours ago

    We're helping the wrong people: Nobel economist

    US presidential candidates from both parties are focusing as usual on the middle class. But research by the new winner of the Nobel prize in economics suggests that politicians should really be concerned about people earning less than $75,000 a year. Princeton's Angus Deaton, who was announced as winner of the economics prize on Monday, has found evidence that more money may not matter much to people's overall life satisfaction, Bloomberg View columnist Cass R. Sunstein says. "More income is definitely associated with less sadness and more happiness up to $75,000, but above that level people’s experienced happiness is the same regardless of income," Sunstein says. Deaton and his co-author, Daniel Kahneman (a 2002 Nobel prize winner) speculate that above a certain threshold, increases in income do not much affect people’s ability to engage in activities that matter most to them. But below the $75,000 threshold, many of life’s misfortunes have a much bigger negative impact.
    Read article on Bloomberg
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  • Calendar event / 5 hours ago

    GB UK monthly inflation figures

    High CPI, Y/Y%
    High Core CPI, Y/Y%
    High Retail Price Idx, Y/Y%
    Med CPI, M/M%
    Med Core CPI, M/M%
    Med Retail Price Idx, M/M%