The oil sector’s real growth story - China - Editor China has, for the last few years, been on a global commodities shopping spree, which includes locking up every source of oil that it can. China has cut deals in Africa, South America, Russia and the Middle East - and won’t stop there.
NZ market commentary for July - AMP Capital Investors Review of the economy Fitch Ratings affirmed New Zealand’s sovereign credit rating at AA+ but downgraded the outlook from stable to negative. The agency cited concern about the medium-term growth...
Global review - Editor Global equity markets rallied in July and into August on better-than-expected earnings announcements, and further indications that the pace of economic contraction in the global economy is slowing. July was the fifth consecutive monthly gain, lifting the S&P500 nearly 50% off the 9 March low.
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