• Malaysia’s GDP grew 4.2% in the first quarter, economic recovery is faster than expected

    Malaysia\’s economy grew faster than initially estimated in the first quarter, driven by a rebound in private spending and exports.

  • Eurozone’s first-quarter GDP revised to 0.4%, soft landing on track

    Eurostat released the latest revised data on Wednesday (15th), showing that after the euro zone\’s economic growth entered a slight recession in the second half of 2023, gross domestic product (GDP) increased at both annual and quarterly rates in the first quarter of this year. Growth, even the long-term drag on German economic growth exceeded expectations.

  • Finally out of recession! UK stocks rally, FTSE 100 hits record high

    The Office for National Statistics (ONS) said today (10) that the UK\’s gross domestic product (GDP) grew by 0.6% in the first quarter of this year, higher than analysts\’ expectations of 0.4%, the strongest growth performance since the end of 2021, and breaking away from the After two consecutive quarters of shrinkage in a technical recession, the pound-dollar (USDGBP) exchange rate rose 0.1% to $1.2537 after the data was released. The FTSE 100 index hit a new record high after the opening, breaking through the 8,400-point mark.

  • No interest rate hikes will be seen at the FOMC meeting, and interest rate cuts will depend on the economy. Follow the footsteps of legal persons and buy funds. Compound bond investment strategies are safe allocations.

    Compiling the contents of the press conference of the May FOMC meeting (held in the early morning of May 2, Taiwan time), Schroders’ key points are summarized: no interest rate increase is expected, and interest rate reduction depends on the economy. Keep interest rates unchanged at 5.25% ~ 5.5%, high interest rates It may continue for a while, and the timing of interest rate cuts has not been relaxed, which will depend on economic data. Federal Reserve (Fed) Chairman Jerome Powell also announced that the pace of balance sheet reduction will be slowed down starting in June to ensure the stability of the money market. Ball said that the current policy interest rate is already restrictive and will not restart interest rate increases, and the biggest negative impact on the bond market has been lifted. The Schroders bond investment team stated: In response to the current market conditions, it is still necessary to maintain bond products in the investment portfolio. The preference is mainly for short and medium-term maturities to reduce the impact of interest rates and inflation. In addition, financial industries with sound fundamentals and specific Securitized commodities with evaluation advantages also have investment opportunities.