Stocks in Asia looked set for modest declines after the S&P 500 Index dropped to its lowest since April, as investors grappled with signs of some key economies slowing against a backdrop of uncertain trade conditions.
Traders in eastern Europe face a toxic landscape in 2019. In the twilight of the euro area’s monetary-stimulus program, populism is spreading and growth is slowing.
With an improving global macroeconomic backdrop and relatively cheap valuations after a torrid 2018, the omens are looking better for Southeast Asian stocks next year.
As China goes, so goes industrial metals.
Mexican President Andres Manuel Lopez Obrador is boosting Petroleos Mexicanos’ budget to 464.6 billion pesos ($23 billion) next year to reverse flagging oil production and increase domestic fuel output.
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