Securitized real estate shares in the US led a partial rally in global markets last week. Real estate investment trusts (REITs) posted a fractionally higher return over the second-best performer: bonds in emerging markets. Overall, returns for the trading week ended Friday, June 14, were mixed for the major asset classes, based on a set of exchange-traded funds.

Continue reading →

Hong Kong protests continued on Sunday: CNN
Newly freed activist calls for Hong Kong leader to quit: Reuters
Iran says it will breach terms of nuclear deal in 10 days: WSJ
Trump ready to impose more tariffs on China without a trade deal: CNBC
Fed expected to keep rates unchanged this week: Reuters
Will the Fed consider if it made a mistake? NY Times
Chinese tech giant Huawei: US ban will cost it $30 billion in lost sales: CNN
Consumer sentiment in US eased in June: Bloomberg
US industrial output rebounded in May: WSJ
Business inventories for US rose in April, creating headwinds for growth: CNBC
US retail spending’s 1yr trend slipped to middling +3.2% in May: