Does a softening economy necessarily point to a rate cut?
The US has been the talk of the town for the past few months, with the multiple rate cuts and ongoing US-China trade war that has kept investors on their toes. With the upcoming US FOMC Meeting, one question rests on everyone’s mind: will there be a third consecutive rate cut this year?
In the recent few weeks, all eyes are on the United Kingdom (UK) as the Brexit deadline looms. Will Brexit finally happen following the hurdles faced throughout the entire Brexit timeline, from the postponement of Brexit to Boris Johnson replacing Theresa May as UK’s Prime Minister?
Beyond these market moving events, an industry that has taken the world by storm in today’s day and age is the video gaming industry. The rising coverage on video gaming and in-game investments, as well as Google’s upcoming cloud gaming service, has cast this formally known high risk high reward industry into the spotlight, potentially making it an investment for investors to add into their portfolio.
Get your insights at our upcoming US Market Overview Webinar on 30 Oct, 8.30 pm, presented by PhillipCapital’s Global Markets Desk Night Dealing Team. They will be sharing insights on the US market, including recent US economic data and the development of the US-China trade war. Beyond these, they will also be sharing more on the video gaming industry as well as some trading ideas for it.
The team will also be sharing on Brexit as a bonus this month. Stay tuned for it!
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