Property shares dominated the broad-based performance gains for the major asset classes in March. Foreign real estate securities led the rally last month, closely followed by US-listed property linked stocks. The only slices of global markets that retreated: foreign high-yield bonds, bonds issued by emerging markets and a broad definition of commodities. Otherwise, the 2019 rebound in assets rolled on in March.
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Taiwan scrambles jets after ‘provocative’ move by China’s air force: CNN
Comedian wins the first-round vote in Ukraine’s presidential election: BBC
Turkey’s lira falls after president’s party suffers election setback: CNBC
Russia’s military influence is on the rise in in Africa: NY Times
China’s mfg sector unexpectedly expanded in March, according to survey: CNBC
Eurozone mfg survey data: sector’s contraction deepened in March: IHS Markit
Fed’s Kashkari: don’t cut rates, at least not yet: WSJ
A busy week of US data updates will stress test the economy’s health: Bloomberg
Chicago area business barometer at lowest quarterly avg in 2 years: Chicago PMI
New US home sales rose in Feb, reaching 11-month high: MW
Consumer Sentiment Index for US rebounded in March: UoM
US consumer spending’s 1yr trend in Jan dipped to slowest gain in over 2 years: