Month: August 2023

Malaysia: Labour Share Target Is Meaningless

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🇲🇾 🇲🇾 Malaysia: Labour Share Target Is Meaningless: We were disappointed when the Malaysian government recently announced the target of 45% labour share of total income as the way to address the country’s chronic low-wage environment. The target — one of seven in the Madani Economy policy framework — may make for a good sound bite to the man in the street, but the 45% ratio in and of itself is meaningless
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Powell At Jackson Hole—Higher For Longer

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🇺🇸 🇺🇸 Powell At Jackson Hole—Higher For Longer: Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a convincing path toward the Fed’s 2% target
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GBP Drops To 10-Week Low

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🇬🇧 🇬🇧 BREAKING: The British pound dropped to a 10-week low on Friday as investors rein in expectations of where they think the Bank of England’s interest rate might peak after recent soft activity data

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China Is Now Hiding Data

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🇨🇳 🇨🇳 China has cut the number of economic statistics it publishes by more than 50%

Investment: Bespoke And Focused. Watch Videos:

https://bit.ly/3Os0cqe (Part 1)

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Future-Proof Your Portfolio—Watch Video:

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GBP Drops — As We Predicted

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🇬🇧 🇬🇧 BREAKING: GBP/USD – Drops Towards 1.27 As Euro Sags On Weak German PMI

Investment: Bespoke And Focused. Watch Videos:

https://bit.ly/3Os0cqe (Part 1)

https://bit.ly/3Om79J1 (Part 2)

Future-Proof Your Portfolio—Watch Video:

https://bit.ly/3qgzKaQ


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#Algomasters #MoneyMakesMoney #MoneyNeverSleeps #Megatrends #FutureProof

Global Investors Dump $9.3B Of Chinese Blue Chips

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🇨🇳 🇨🇳 BREAKING: Global Investors Dump $9.3 Billion Of Chinese Blue Chips: Foreign investors sold 6.2 billion yuan ($851 million) of Kweichow Moutai Co. during Aug. 7-18, making China’s largest liquor maker the most heavily sold stock via trading links with Hong Kong. It was followed by 4.7 billion yuan of selling each for leading renewables stock LONGi Green Energy Technology Co. and major lender China Merchants Bank Co., according to the latest data on individual stocks
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