NYSEARCA:PLND - NYSE Arca -
Tensions over stimulus are not only playing out in the U.S. The EU's economic recovery package, which includes €750B in jointly-backed debt and a €1.07T common EU budget, is in trouble due to differences between member states over democratic standards."We observe with concern that the number of different blockades in the budget negotiations seems to be increasing rather than decreasing," said the spokesman of the German presidency of the EU.
Singapore reported March CPI today. It rose 0.2% rather than 0.5% y/y. March IP will be reported Thursday, which is expected to rise 5.3% y/y vs. 8.9% in February.
If you’ve been holding Polish stocks this year, you can afford to buy a round of Zywiec beers for your pals. And prepare to celebrate again soon, because the rally in Polish equities doesn’t look likely to end yet.
Things have been positive in the global equity market in 2017, with one notable exception.
While the S&P 500 index posted its strongest first half since 2013, the spotlight was on international investing.