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Brace for a 10-15% market correction this year, warns financial advisor In March, Allianz CEO Oliver Bate said he expects a "more severe correction over the medium to long term" thanks to high market valuations and jittery investors. And after the correction in February, Morgan Stanley strategist Andrew Sheets said it was just an "appetizer, not the main course." Duran said ...
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| Why You Should Incorporate China ETF Exposure On the recent webcast, How to Prepare for MSCI's China Change, Eric Legunn, ETF Strategist for DWS Asset Management, outlined a number of reforms China has made to open up and standardize its financial markets. For example, in 2016 the new accounting law, China Generally Accepted ...
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| OnDeck Announces New $100 Million Revolving Credit Facility "We are delighted to announce further progress on executing our funding strategy on the heels of closing our most recent securitization," said Ron Elimelekh, Head of Capital Markets, OnDeck. "This credit facility provides OnDeck with long-term committed funding to support future loan growth. Securing ...
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| What you need to know in markets on Friday Stocks took a breather on Thursday, with Apple (AAPL) and chip stocks leading the way down. Shares of the iPhone maker dropped 2.8% on Thursday after Apple's largest chipmaker, Taiwan Semiconductor, offered poor guidance citing soft demand for smartphones. An ETF which tracks semiconductor ...
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| UPDATE 1-Currency trading volumes hit record highs in first quarter ... in the foreign exchange market, follows a huge surge in trading on Thomson Reuters' trading platforms, when March volumes were narrowly below February's, its best ever month. The rise in FX volumes will be welcomed by trading platforms and banks that have struggled with calm financial markets ...
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| Japan tells G20 protectionism will disrupt markets: Aso Japan tells G20 protectionism will disrupt markets: Aso. 04/19/2018 22:46. WASHINGTON (Reuters) - Japan told its G20 counterparts that protectionism and exchange of retaliatory measures would disrupt financial markets and heighten volatility, Finance Minister Taro Aso said on Thursday. "I told my ...
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