Week Ending 1st December 2023 US stocks rose Friday afternoon, building on a stellar November, even as investors digested a warning from Federal Reserve Chair Jerome Powell that it would be “premature” to conclude that Fed rate hikes are over or “speculate” when cuts could begin. The S&P 500 (^GSPC) increased about 0.6% to a […]
View PostThe UK economy has flatlined but has avoided a recession this year as the chancellor warned high inflation remained the main obstacle to growth. Fresh data from the Office for National Statistics shows that gross domestic product (GDP) – which measures the value of goods and services produced – rose by 0.2% over the month, […]
View PostThe case for an end to the Federal Reserve’s interest rate hikes continues to build for investors. On Friday, the October jobs report showed 150,000 jobs were added to the US economy while the unemployment rate hit its highest level since January 2022. The labor market slowdown is a welcome sign for the Federal Reserve, […]
View PostThe Bank of England signals that cuts to borrowing costs are a long way off despite a gloomy forecast that will see the economy fail to grow for more than a year. The British economy is going to be flatlining for the foreseeable future, with next to no economic growth all the way through til […]
View PostChina has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — on national security grounds, the Ministry of Commerce and the General Administration of Customs said Friday. The announcement comes just days after the United States imposed additional limitson the kinds of semiconductors […]
View PostSeptember was a lousy month, with the S&P 500 falling nearly 5%. Rising rates and concerns that tighter Fed policy will undercut the economy drove additional weakness in growth and small-cap investments, with the Nasdaq and Russell 2000 indexes both shedding close to 6% for the month. This capped off an overall 3% drop for […]
View PostThe UK is no longer lagging behind in the G7 group of wealthy countries as revised figures show economic growth was bigger than first thought. The economy grew more than previously thought in the first three months of the year, latest figures from the Office of National Statistics (ONS) show. The data shows UK economic […]
View PostThe Federal Reserve has opted not to increase its base interest rate but did not rule out further hikes as, it said, the full effect of rises has not been felt. The cost of US borrowing had been brought to a 22-year high at the last interest rate meeting in July, after a brief pause […]
View PostThe US economy grew more slowly in the second quarter than previously estimated — a good sign for the Federal Reserve, which is attempting to cool demand to bring down price increases. Gross domestic product, the broadest measure of economic output, rose at an annualized rate of 2.1% in the second quarter, according to the […]
View PostThe number of available jobs in the United States shrank for the third consecutive month, dropping below 9 million for the first time since early 2021, according to the latest data released Tuesday by the Bureau of Labor Statistics. In addition, a smaller number of workers quit their jobs, businesses hired fewer workers and layoffs […]
View PostTerms and conditions
These terms and conditions govern your use of this website. By accessing this website, you agree that you have read and accept these terms and conditions. If you do not wish to be bound by these terms and conditions, please leave this website.
Access to information displayed on this website may be restricted to certain persons in certain countries. Users of this website must ensure that they are legally permitted to log on to this website in the country where they do so. Users are also responsible for ensuring that their declarations regarding their countries of residence or incorporation when accessing this website are accurate.
This website is owned and operated by EuroIndependent Far East Ltd. The content is provided and managed by the company but views and opinions with in the site are not necessarily the opinions of the directors of the company. This web site, is aimed at providing general information, a basic guide and links relevant to the more sophisticated investor in relation to Offshore investment and savings. It should not be construed as advice and at all times each individual should seek advice form a professional financial advisor before making any investment.
The content of this website is general in nature and is meant to inform investors, potential investors and their professional intermediaries of the existence of, and potential benefits of investing in, Offshore products. However, this website is not intended to provide specific investment advice including, without limitation, investment, financial, legal, accounting or tax advice, or to make any recommendations about the suitability of Offshore products for the circumstances of any particular investor. If you do require investment advice, please request contact with an adviser of the company or seek an independent broker or financial adviser. You should take appropriate advice as to any securities, taxation or other legislation affecting you personally prior to investing.
Any products featured in the web site are not offered or aimed at residents in any country in which such products are not authorised or registered for distribution and where to do so is contrary to any country’s securities laws.
This website and the information provided on this website should not be construed as an advertisement, an offer to sell, or a solicitation of an offer to buy any securities mentioned in this website, nor shall any such securities be offered or sold, in any country in which to do so is contrary to that country’s securities laws.
Any products shown on this web site may not be suitable for all investors and EuroIndependent Far East Ltd does not guarantee the performance of the products. Past performance is not a reliable indicator of future results. The value and price of shares or units or securities (which may trade in limited markets) and the income from them may fall as well as rise and an investor may not recover the full amount invested. Where an investor invests in a product denominated in a currency other than that of the country in which the investor is resident, the return to the investor may increase or decrease as a result of currency fluctuations.
Exchange rate movements can affect the value of investments involving exposure to foreign currencies.
Any projections or examples (including calculations used therein) set out in this website are for illustrative purposes only and are not guaranteed to be accurate, complete or up to date.
Exclusion of Liability
In no event shall EuroIndependent Far East Ltd be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this website or the use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if EuroIndependent Far East, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Use of hyperlinks to other Internet resources is at your own risk.
Privacy
If you provide EuroIndependent Far East Ltd with personal information through this website, EuroIndependent Far East Ltd will treat it in accordance with its privacy policy and shall not share such information with third parties unless required to do so for purpose of supplying you with quotations.
The Internet is not a fully secure medium, and whilst EuroIndependent Far East Ltd will endeavour to secure any private and confidential information sent to EuroIndependent Far East Ltd, the confidentiality and privacy of such information sent through the Internet cannot be guaranteed.