Do Developed Markets Offer Better Value than China?
Chinese industrial companies reported profits fell the most in at least four years as the pillars of China’s infrastructure-led growth model suffered from a devalued yuan, a tumbling stock market and weak demand. UBS Global Asset Allocations Strategist Ramin Nakisa discusses the issue with Manus Cranny and Francine Lacqua on “The Pulse.”
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Inflation Paves Way for More Canada Rate Hikes
14:12 - Canadian government bond yields spiked and the loonie strengthened for a fourth day, as today's economic data paves the way for another Bank of Canada interest rate hike this year. RBC's Deputy Chief Economist Dawn Desjardins joins Bloomberg TV Canada's Lily Jamali to discuss her outlook. (Source: Bloomberg)