In the second episode of Peters MacGregor Global Investing Podcast, join Wayne Peters, Chief Investment Officer, and Alex Haynes, Head of Distribution, as they turn their attention to Chinese technology giants Baidu, Tencent and JD.com to discuss the markets they operate in and how these businesses stack up against US... Show More
We have recently returned from China, spending time talking to the locals and getting a real “feel” of whether the Chinese economy is in fact, slowing down…. Yes, the cost of labour has increased significantly over the past few years and we’re seeing more and more factories move offshore… this... Show More
Good morning and Happy Friday… Show More
This morning, I was invited to talk with Bloomberg about global macro and micro issues, focusing on bank earnings and will interest rates in AUS fall… also discussed was China, Emerging Markets and the US economy Show More
Pessimism towards the precious metal market intensified this week, as neither the ongoing drama in Greece nor the market crash in China could put a bid under bullion. It's inability to rally in such a 'risk off' Show More
Gold prices rose overnight, with the yellow metal sitting at just over USD $1200oz. A dovish FOMC (who doffed their cap to the IMF) plus concerns over Greece are supporting bullion, though this could be another false start for a market thats largely traded sideways for 18 months in USD. Show More
Good Morning, Show More
We now know that the high profile debt-for-bond swap program of the Chinese government has officially failed. Beijing’s plan was to help local authorities refinance RMB 1tn (US$163bn) on debt due to mature this year. But underwriters were unable to attract enough investors who were interested in exchanging debt. The... Show More
The Asian credit market has arrived with record $6.5bn CoCo bond: Kay Van-Petersen, Saxo Capital Markets Asia Macro Strategist - The Chinese bond market has already seen 60% growth of issuances, year on year since 2013, and this shows no sign of stopping according to Saxo Capital Markets Asia Macro Strategist... Show More