When the People’s Bank of China imposed a 1% reduction on the required reserve ratio – the amount of cash reserves a bank must hold – on 20 April, bringing the rate down to 18.5%, it triggered a wave of positive sentiment. However, Rothman, investment strategist at Matthews Asia, believes that the hopes of increased […]
There is such a mixed bag of factors to weigh up that the answer is far from obvious. You can make a strong case either way. While Japanese equities fund managers seem sure recent good times are set to continue, other interested observers tend not to be so sure. Major factors in favour of […]
The People’s Bank of China (PBoC) on Sunday lowered the RRR for banks by 100 basis points to 18.5% as it seeks to add more liquidity to the economy, help boost bank lending and combat a growth slowdown. “The major reason for the RRR cut is the net forex outflows from China,” Grace Tam, global […]
Popular mis-characterisations of debt, deflation and QE result in a distorted picture of macroeconomic investment risks, said Kevin Gardiner, global investment strategist at Rothschild Wealth Management.