UBS recommends three investment areas as Fed rate hike odds climb to 60%
UBS recommends equities, bonds, and gold as Fed rate hike odds rise to 60%.
Japan's revised Q2 GDP came in at 1.4% year-on-year, above the preliminary 1.1% estimate.
This update provides only the revised figures. Further discussion on details and implications will follow separately.
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UBS recommends equities, bonds, and gold as Fed rate hike odds rise to 60%.
RBA's Hunter says below-trend growth is intended, housing market cools deliberately without recession risk.
Wharton professor Jeremy Siegel says midterm elections and Trump pressure are preventing the Fed from raising rates.
China's August imports grew 28.2% y/y, missing the 30% forecast, while exports and trade surplus met expectations.