日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Shrugging off Brexit blues, perhaps it's time to scale new heights

Updated: 2016-08-01 07:41

By Peter Liang(HK Edition)

  Print Mail Large Medium  Small

 Shrugging off Brexit blues, perhaps it's time to scale new heights

In the aftermath of Brexit, investors' attention is now focused almost entirely on the US economy, of which positive data have emerged in the recent weeks. Maybe, it's time to shrug off the Brexit woes and concentrate on the local equity and property markets. Provided to China Daily

It's been a little more than a month since Britain shocked the world by voting to quit the European Union (EU). While millions of Britons are still indulged in what has become known as the "great remain sulk", the rest of the world has long shrugged off the Brexit blues.

Even in the United Kingdom, the extent of the damage Brexit has inflicted on the British economy is subject to debate. The British pound has depreciated most significantly against the US dollar. It's been reported that many multinational firms in Britain are holding back investment plans amid the uncertainties in negotiations on trade and other economic arrangements with the EU.

British consumers have complained about the price increases for a wide range of imported goods arising from the currency depreciation. But the pound's fall has helped boost growth in exports of British goods and, more importantly, services.

What worries global investors most is the specter of Brexit-induced market turmoil. Some economists have warned that Brexit could trigger another global financial crisis.

But, in less than a week after the "leave" vote, jittery capital markets have regained their composure. The US stock market has since continued to scale new heights, while bond yields have slipped to record lows.

Hong Kong - the region's most international market - has embarked on a stocks rally that seems to have taken many investment analysts off guard. Investors are now calling Brexit as some kind of an economic aberration that had happened far away and long ago. Their attention is now focused almost entirely on the US economy.

The US is not only one of the SAR's key export markets - it has a direct influence on capital flow and the cost of funds through the linked exchange rate mechanism that pegs the Hong Kong dollar to the greenback. Such a mechanism has helped promote Hong Kong as a safe haven for capital, or hot money, on the strength of the US dollar.

Brexit has forced the International Monetary Fund and other august financial organizations to lower their forecasts of global economic growth for this year. But, for Hong Kong, the primary concern is how long the stock market rally will last and how high property prices will go.

(HK Edition 08/01/2016 page6)

主站蜘蛛池模板: 久久一久久 | 久久网页 | 激情福利视频 | 亚洲欧美日本一区 | 欧美 日本 国产 | 超碰在线观看免费 | 怡红院一区二区 | 久久精品99国产精 | 99精品国产一区二区 | 九月婷婷综合 | 欧美无限看 | 日本精品视频 | 午夜激情免费视频 | 中文字幕视频在线播放 | 久久精品这里只有精品 | 狠狠插av | 成人免费看片在线观看 | 成人黄色短视频 | 欧美91在线 | 波多野吉衣一区二区三区 | 日日夜夜艹 | 国产特级毛片 | 国产一级久久 | 国产一级片免费在线观看 | 国产福利在线视频 | 成人免费视频网站 | 男人亚洲天堂 | 日韩精品在线视频 | 国产综合激情 | 免费的三级网站 | av黄色网址 | 天天天天天天天操 | 我要看免费的毛片 | 精品久久一区 | 亚洲午夜18毛片在线看 | 国产三级一区 | 日本中文字幕一区 | 日韩一区二区精品 | 99久久视频| 懂色av懂色av粉嫩av | www.国产欧美 |