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The Daily Capital Markets Digest
(Reuters) A long-awaited stock trading link between Hong Kong and Shenzhen will go live in coming days, the CEO of Hong Kong’s bourse said, further opening up China’s capital markets to global investors and giving them access to some of its fastest growing companies.
(Reuters) Investors can expect to see more regulatory probes into the sponsorship of stock listings in Hong Kong, the city’s top markets enforcement official said, underlining a crackdown that has already led to two global banks being investigated.
Asian markets plunged on Wednesday as Republican candidate Donald Trump edged towards a surprise victory in the US presidential election.
ICBC Tokyo issued the first Dim Sum bond to list on Japan’s Pro-bond market, adding to recent openings from Chinese issuers in the direction of Japanese investors.
Draghi certainly made sure that the time between the Italian referendum last Sunday and the last FOMC meeting of the year next Wednesday is not wasted and that there are no excuses yet for long pub lunches.
A recent trip to Milan left me with one abiding memory: the way in which nobody at all seems to be flapping over the outcome of Sunday’s referendum.
Today’s column should really start with a review of the rather good looking numbers that Friday’s US payroll report threw up but, not that it should come as a surprise, they have been swamped by a wave of political news.
It’s time for the monthly US nonfarm payroll report but it’s safe to say no-one will be on the edge of their seat in anticipation.
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