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Week 32 In Review – Stocks Retreat Amid Geopolitical Tensions

August 14, 2017

  · War of words between North Korea and US intensifies amid UN sanctions · US inflation rises less than expected · Venezuelan Constituent Assembly declares itself superior · UK floats trial balloon on divorce settlement · FTSE 100 hits a 3 month low   Growing concerns about the risk of conflict on the Korean Peninsula and some disappointing corporate… Read More ›

Malaysia’s Strange, Sinister Crunch

                It’s unnatural for loan writing to run ahead of deposit taking for so long. Something weird is going on at Malaysia’s banks. And no, it has nothing to do with the 1MDB money-laundering scandal. The problem is about deposits, or more precisely, a lack of them. As… Read More ›

North Korea – The Diplomatic Response vs The Market Response

Chances are you have heard of the escalating conflict between North Korea and the United States due to North Korean leader Kim Jong Un flexing his ICBM arsenal. As of late, exchanges have been made between the nations with President Trump capturing the media’s attention yet again with the infamous threat when promising “fire and… Read More ›

A Guide to FATCA

        Struggling to understand the implications of the introduction of the Foreign Account Tax Compliance Act (FATCA)?   The unintended impact of FATCA means US expats have an ever decreasing number of places to turn to for financial advice and a dwindling number of investment products to choice from. The introduction of… Read More ›

Week 31 in Review – Tight US Labour Markets Persist

                    US non-farm payrolls rise Grand jury impaneled in Russia/election probe Dow sets record on impressive corporate earnings Trump signs bill sanctioning Russia, Iran and North Korea US considers trade action against China Greenspan sees bond bubble   Global equities edged higher this week amid continued strength… Read More ›

Week 30 in Review: IMF Lowers US Growth Outlook

                  US growth sees modest Q2 bounce-back Greece returns to the Bond Markets Fed: Balance sheet run off to commence “relatively soon” IMF lowers US growth outlook, raises others’ Abe’s support slides as scandals mount Trump backs corporate, middle-class tax cuts A busy week of corporate earnings… Read More ›

Week 29 in Review

  S&P 500 and MSCI World among record-setters Foreign investment in US real estate hits new high Trump’s pro-growth agenda further snagged BOJ pushes inflation deadline back again ECB to discuss QE this autumn     Global equities set records this week as a Goldilocks environment of moderate growth and accommodating central banks prevailed. European… Read More ›

Five Common Mistakes UK Expats Make About Domicile And Tax

British expats still have some crucial misunderstandings about their domicile status and tax position that could leave them and their loved ones financially exposed and even land them in trouble with HM Revenue & Customs, warns Rachael Griffin, financial planning expert at Old Mutual Wealth. The research from Old Mutual International, part of OMW, shows… Read More ›

Changes to UK State Pension

Six million men and women will have to wait a year longer than they expected to get their state pension, the government has announced. The rise in the pension age to 68 will now be phased in between 2037 and 2039, rather than from 2044 as was originally proposed. Those affected are currently between the… Read More ›

Stable Ringgit and the decision not to adjust Overnight Policy Rates

  Bank Negara Malaysia (BNM) responds to a stabilizing ringgit which managed to climb against the U.S dollar over the course of the second quarter. June until present has shown stabilization in the ringgit with rates consistent between RM4.3 and RM4.27 which effectively led to the BNM’s decision NOT to raise the Overnight Policy Rates… Read More ›