The week that was…

In the week ending 29th May, what stole the financial headlines?

Russia and its ongoing stance on Ukraine continued to dominate the headlines. This follows Russia’s recent announcement of a 30-year gas deal with China – a move that signifies a notable trading shift away from Europe and the West. Elsewhere, the rally in emerging market currencies has showed signs of stalling in recent weeks amid central bank policy action. Meanwhile, US President Barack Obama was accused of a lack of tact as he became embroiled in a war of words between the Chinese and Japanese governments with regards to disputed territories in the South China Sea.

Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and Solutions Group (“ISSG”) as at 30/05/14. ISSG is part of The Bank of New York Mellon

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