By Mark Guarino, Mark Berman, Jaclyn Peiser and Griff Witte
August 26, 2020 at 5:28 PM EDT
KENOSHA, Wis. — Authorities on Wednesday said a 17-year-old had been charged with homicide after two people were killed and another seriously wounded by gunfire during overnight protests over the police shooting of Jacob Blake Jr.

August 25 Portland protests
Portland protests continued for the 90th consecutive night as a group of demonstrators marched to City Hall downtown. Some members of the group graffitied the rotunda, smashed a door switch and broke the glass in some interior doors before an unlawful assembly was declared around 10 p.m. on Tuesday, Aug. 25, 2020. The gathering was later declared a riot by police. Dave Killen/Staff

August 25 Portland protests
Portland protests continued for the 90th consecutive night as a group of demonstrators marched to City Hall downtown. Some members of the group graffitied the rotunda, smashed a door switch and broke the glass in some interior doors before an unlawful assembly was declared around 10 p.m. on Tuesday, Aug. 25, 2020. The gathering was later declared a riot by police. Dave Killen/Staff

A vaccine is a booster injection for AirAsia

We are now reducing our US Dollar exposure. There’s a ton of money being “printed” in the economy right now because of the economic stimuli. While many governments are taking economic measures, the US Government and the Federal Reserve have been particularly aggressive. Although the stimuli are in place to prevent a deeper recession, they could also lead to significant depreciation of the USD as the economy gradually recovers. We saw this depreciation happen after the US Federal Reserve introduced quantitative easing in March 2009. Then, the US Dollar depreciated by 21.2% versus the Ringgit between March 2009 and July 2011.

Decreasing USD exposure
In our re-optimisation in August 2019, ERAA® increased the overall US Dollar exposure across all risk points, taking account of the broad economic uncertainty. ERAA® did this because, as the US Dollar is seen as a safe-haven currency, it tends to appreciate when the markets get more nervous.

article background
We’re Re-Optimising Your Portfolios for Uncertain Times Ahead
Freddy Lim
Freddy Lim
CO-FOUNDER AND CIO

14 May 2020

Though the March market crash was paralysingly fast compared to the 2008 financial crisis, the depth of the market crash was not as pronounced as that of the 2008 recession. This time around, central banks matched the speed of the recent crash with quick economic stimulus packages. The fast responses prevented a steeper and more prolonged market crash as the market quickly priced in an average recession, rather than a deep recession. Still, the depth of the oncoming recession remains unclear for now. With that said, we know that the markets and the economy will eventually recover, though we don’t know what the path to recovery will look like.

Our investment framework, ERAA®, has analysed the latest economic and market data; we are now re-optimising our portfolios to better prepare them for what lies ahead by reducing US Dollar exposure, increasing Chinese exposure, and for some portfolios, increasing exposure to Gold. This is the second time we have re-optimised our portfolios since our launch in Malaysia in November 2018.

We are now reducing our US Dollar exposure. There’s a ton of money being “printed” in the economy right now because of the economic stimuli. While many governments are taking economic measures, the US Government and the Federal Reserve have been particularly aggressive. Although the stimuli are in place to prevent a deeper recession, they could also lead to significant depreciation of the USD as the economy gradually recovers. We saw this depreciation happen after the US Federal Reserve introduced quantitative easing in March 2009. Then, the US Dollar depreciated by 21.2% versus the Ringgit between March 2009 and July 2011.

When we made those changes in August 2019, we certainly didn’t foresee a global pandemic in the near future, but as a result of the risk management measures, our portfolios were already braced for the economic uncertainty that preceded and lingers with COVID-19. The exposure to the US Dollar (a key funding currency) is one of the factors that allowed our portfolios to endure March’s market crash.

Decreasing USD exposure
In our re-optimisation in August 2019, ERAA® increased the overall US Dollar exposure across all risk points, taking account of the broad economic uncertainty. ERAA® did this because, as the US Dollar is seen as a safe-haven currency, it tends to appreciate when the markets get more nervous.

article background
We’re Re-Optimising Your Portfolios for Uncertain Times Ahead
Freddy Lim
Freddy Lim
CO-FOUNDER AND CIO

14 May 2020

Though the March market crash was paralysingly fast compared to the 2008 financial crisis, the depth of the market crash was not as pronounced as that of the 2008 recession. This time around, central banks matched the speed of the recent crash with quick economic stimulus packages. The fast responses prevented a steeper and more prolonged market crash as the market quickly priced in an average recession, rather than a deep recession. Still, the depth of the oncoming recession remains unclear for now. With that said, we know that the markets and the economy will eventually recover, though we don’t know what the path to recovery will look like.

Our investment framework, ERAA®, has analysed the latest economic and market data; we are now re-optimising our portfolios to better prepare them for what lies ahead by reducing US Dollar exposure, increasing Chinese exposure, and for some portfolios, increasing exposure to Gold. This is the second time we have re-optimised our portfolios since our launch in Malaysia in November 2018.

Gold ETF

Gold ETF

GOLDETF

GOLDETF

How miscommunication and selfishness hampered America’s COVID-19 response
MICHAEL OLLOVE | PEW/STATELINE | 17 hours ago

China issues stark warning over US destroyer in South China Sea - 'Threat to peace'

Huawei suffers under US pressure

US, China sea tensions hot and getting hotter
US ramps up shows of naval force in China-claimed waters in what increasingly looks like the prelude to an armed conflict
By RICHARD JAVAD HEYDARIAN
AUGUST 20, 2020

Iran shows off new ballistic, cruise missiles as US tensions rise
Tehran routinely unveils technological achievements for its armed forces, space programme, and its nuclear efforts.

Genting Hong Kong shares slump 33pc after heir-controlled cruise operator suspends payments to creditors
Thursday, 20 Aug 2020 01:32 PM MYT

BY YISWAREE PALANSAMY

Genting Hong Kong shares slump 33pc after heir-controlled cruise operator suspends payments to creditors
Thursday, 20 Aug 2020 01:32 PM MYT

BY YISWAREE PALANSAMY

Copper rose above $3 a pound for the first time in more than two years on Wednesday, extending a recent rally driven by steady Chinese demand and disruptions to global supply.

Most actively traded copper futures for delivery in September added 1.6% to $3.0230 a pound, the first time they have eclipsed the closely watched $3 level since June 2018. Many analysts think that $3 copper incentivizes miners to pursue longer-term projects to extract metal. A dearth of investment in new mines due to low prices in recent years is one reason some analysts are bullish on the industrial metal, which is used to manufacture everything from smartphones to homes.

Copper rose above $3 a pound for the first time in more than two years on Wednesday, extending a recent rally driven by steady Chinese demand and disruptions to global supply.

Most actively traded copper futures for delivery in September added 1.6% to $3.0230 a pound, the first time they have eclipsed the closely watched $3 level since June 2018. Many analysts think that $3 copper incentivizes miners to pursue longer-term projects to extract metal. A dearth of investment in new mines due to low prices in recent years is one reason some analysts are bullish on the industrial metal, which is used to manufacture everything from smartphones to homes.

Copper rose above $3 a pound for the first time in more than two years on Wednesday, extending a recent rally driven by steady Chinese demand and disruptions to global supply.

Most actively traded copper futures for delivery in September added 1.6% to $3.0230 a pound, the first time they have eclipsed the closely watched $3 level since June 2018. Many analysts think that $3 copper incentivizes miners to pursue longer-term projects to extract metal. A dearth of investment in new mines due to low prices in recent years is one reason some analysts are bullish on the industrial metal, which is used to manufacture everything from smartphones to homes.

BNM OPR seen lower at 1.50% by end-2020 as MGS yields fall to record low — RAM
Chong Jin Hun
/
theedgemarkets.com

August 19, 2020 12:23 pm +08

BNM OPR seen lower at 1.50% by end-2020 as MGS yields fall to record low — RAM
Chong Jin Hun
/
theedgemarkets.com

August 19, 2020 12:23 pm +08

BNM OPR seen lower at 1.50% by end-2020 as MGS yields fall to record low — RAM
Chong Jin Hun
/
theedgemarkets.com

August 19, 2020 12:23 pm +08

Saudi Arabia's $300 billion wealth fund ditched Facebook, Disney, and Boeing stocks, and poured billions into ETFs in the second quarter
Shalini Nagarajan
Aug. 17, 2020, 07:33 AM

Saudi Arabia's $300 billion wealth fund ditched Facebook, Disney, and Boeing stocks, and poured billions into ETFs in the second quarter
Shalini Nagarajan
Aug. 17, 2020, 07:33 AM

Trading the Australian dollar (AUD) is just like trading gold in many ways. As the world's second-largest producer of gold (third largest some years), the Australian dollar has a high positive correlation with the precious metal.

Trading the Australian dollar (AUD) is just like trading gold in many ways. As the world's second-largest producer of gold (third largest some years), the Australian dollar has a high positive correlation with the precious metal.

The Australian dollar and Copper have around a 70% correlation.

Around 70% correlation-
The Australian dollar and Copper have around a 70% correlation.

Copper price: USD6492 per ton
Zinc price: USD2448 per ton

Potential stock related to glove,gold,copper and zinc.

CSC STEEL HOLDINGS BHD

Copper price jumps to 2-year high

Copper prices rallied on Tuesday on the back of falling inventories, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.

Copper for delivery in September trading in New York changed hands for $2.9815 a pound ($6,573a tonne) in afternoon trade, up 2.8% from Monday’s settlement.

Copper futures prices are on track for the highest close since July 2018 and are now up by more than 50% from the covid-19 lows struck in March.

https://www.nationsencyclopedia.com/Asia-and-Oceania/Malaysia-MINING.html

Copper price jumps to 2-year high

Copper prices rallied on Tuesday on the back of falling inventories, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.

Copper for delivery in September trading in New York changed hands for $2.9815 a pound ($6,573a tonne) in afternoon trade, up 2.8% from Monday’s settlement.

Copper futures prices are on track for the highest close since July 2018 and are now up by more than 50% from the covid-19 lows struck in March.

https://www.nationsencyclopedia.com/Asia-and-Oceania/Malaysia-MINING.html

Post removed.Why?

Post removed.Why?

Tawin, Anzo, Jag

Chinese demand rising as supply worries mount
Chinese investors, in particular, are seeing a convergence of rising Chinese demand and rising supply-side anxiety.

A simultaneous fall in SHFE inventory and a rise in refined metal imports supports the rapid recovery story in China.

Rising infection rates in South America impact mining sector
Both copper and zinc rely heavily on mines in Chile and Peru for ore supplies.

That reality is a fact highlighted in a recent Mining.com report, which warned that mining companies operating in Peru are being forced to keep operations suspended.

In addition, companies are halting new operations as confirmed coronavirus cases in the country surged past 300,000, with several of the new infections happening in the copper sector.

Supply-side concerns have also provided support for lead (often co-mined with zinc). This is despite a massive surge in LME inventory arriving in last July, nearly doubling stock levels to 119,000 metric tons.

Supply-side worries are supporting the zinc, lead and copper prices
by Stuart Burns on AUGUST 18, 2020

Chinese demand rising as supply worries mount
Chinese investors, in particular, are seeing a convergence of rising Chinese demand and rising supply-side anxiety.

A simultaneous fall in SHFE inventory and a rise in refined metal imports supports the rapid recovery story in China.

Rising infection rates in South America impact mining sector
Both copper and zinc rely heavily on mines in Chile and Peru for ore supplies.

That reality is a fact highlighted in a recent Mining.com report, which warned that mining companies operating in Peru are being forced to keep operations suspended.

In addition, companies are halting new operations as confirmed coronavirus cases in the country surged past 300,000, with several of the new infections happening in the copper sector.

Supply-side concerns have also provided support for lead (often co-mined with zinc). This is despite a massive surge in LME inventory arriving in last July, nearly doubling stock levels to 119,000 metric tons.

Supply-side worries are supporting the zinc, lead and copper prices
by Stuart Burns on AUGUST 18, 2020