The largest pension fund in the world showed best annual return in three years, Bloomberg reports.
According to Bloomberg, European shares rise today, while American futures fall.
Household goods and utilities are leading Stoxx Europe 600 index today, which rose by 0,1%. Futures of S&P 500, Dow and Nasdaq will most likely open lower.
US tariffs to $34 billion of Chinese imports became effective today, Reuters reports. Since Beijing promised to take counter steps immediately, then two countries got closer to open trade conflict.
Selloff of Deutsche Bank AG shares that put them to the record low level question its 20-year membership in Euro Stoxx 50 Index, Bloomberg reports.
Before buying real estate in France investor shall carefully study the list of taxes that he or she will have to pay in the future. To avoid any surprises Glagoliza News continues introducing its readers to French Tax Law in regards to real estate.
Heritage Tax
The hottest summer in the UK in last forty years threatens wheat crop and raises the prospects of cheaper wheat import, Bloomberg reports.
According to Bloomberg, European stocks grow today together with American futures. Stoxx Europe 600 and S&P 500 both gained 0,6%. European auto producers supported gains of Stoxx 600, since they hope for cross Atlantic tariff deal.
Hong Kong’s plan to impose tax on vacant new apartments might have limited effect on hot housing market of the city, Bloomberg reports.
News about tax were issued last Friday. This measure aims to increase supply at the least affordable housing market in the world.
Pension funds in Asia-Pacific region limit investments into stocks among growing concerns over trade war between the US and China, Bloomberg reports.
In June housing market of Vancouver continued to show weakening signals, Bloomberg reports.
Concerns over home affordability restricts demand from buyers.
Commodity trade expert, Goldman Sachs Inc., cooled anxiety among investors expecting that trade war between US and China represents serious threat to raw materials market, Bloomberg reports.
Experts in Goldman Sachs think that most of commodities will not be hurt significantly by growing conflict, and now it is time to buy.
Euro area’s service sector showed higher growth in June, than was expected, Bloomberg informs with the reference to IHS Markit.
