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Instead it has trendy, modern interiors, and popular dishes in China like omelet rice and Australian steak to attract younger consumers. Yum China’s chief executive has described the push as helping make the brand “Instagram-worthy”. That might help win over consumers like Wang Chupeng, 23, an undergraduate student in Hangzhou. While she likes the atmosphere and student deals Pizza Hut offers, Wang felt the brand was still caught between more premium and budget rivals. “If I want to eat pizza I’ll usually think of somewhere else. I’d rather pay a bit more to get a better pizza,” she said. “Overall I think Pizza Hut is a bit expensive compared to other places with a similar quality product.”.
LONDON (Reuters) - Wall Street and oil were the big financial market winners in the third quarter unique cufflinks india of 2018, while trade tensions, emerging market crises and central bank policy tightening tipped several other assets into bear markets, Brent crude oil LCOc1 gained 3 percent in the July-September period, recently hitting 4-year highs above $82 a barrel as upcoming U.S, sanctions on Iran are expected to dent global supplies, Prices are up 22 percent year-to-date, The other outperformer is Wall Street's S&P 500 index .SPX, up more than 10 percent since January, It gained 7.7 percent this quarter, setting the record for the longest ever bull market, and also scaling record peaks..
“It’s actually been a U.S. bull market - very little else has done very well,” Guy Miller, chief market strategist and head of macroeconomics at Zurich Insurance Group, said. “Oil has been one of the few things that continued to move higher. There has been very little else, but having said that, by end of this year other equity markets returns should be fairly decent.”. GRAPHIC: Global market asset performance - reut.rs/2Oi1SFz. The MSCI All-Country World Index .MIWD00000PUS, a barometer of shares in 47 countries has see-sawed since a global selloff in February knocked it off a record high. However it is up 4 percent this quarter, lifted primarily by U.S. gains.
The dollar failed to make much headway following its 5 percent second quarter surge but it held unique cufflinks india on to those gains, keeping up the pressure on emerging markets, And alongside the greenback moves and the Sino-Chinese trade spat, currency crises in Turkey and Argentina also dealt a blow to the sector, Those crises pushed investors into dumping emerging assets, Argentina's peso ARS= led the falls, Down 50 percent over the year, it is the biggest faller this quarter with a loss of 27 percent, Turkey's lira TRY= was a close second, losing 23.5 percent this quarter, and down 37 percent year-to-date, Brazil's real BRL= is down 16.8 percent this year, while South Africa's rand ZAR=, India's rupee INR= and Russia's rouble RUB= are all down about 12 percent..
GRAPHIC: Emerging market currencies vs the dollar - reut.rs/2Oi3MpO. MSCI’s emerging stocks .MSCIEF lost 1.7 percent this quarter, down 14.7 percent this year. The index slipped into a technical bear market in mid-August, losing 20 percent since late-January, but has since recouped some of those losses. Shanghai 'A' shares .SSEA are down 20 percent on the year and lost 5.5 percent in the third quarter, as the tit-for-tat trade spat between the U.S. and China escalated. “What’s happened in the past three months is that worries about trade tensions are more severe..those concerns intensified during Q3. That’s going to carry over into Q4 almost certainly, and probably into 2019 as well,” said Stewart Robertson, senior economist at Aviva Investors in London.
Copper CMCU3 – a proxy unique cufflinks india for global economic growth - also entered a bear market this quarter, falling 6.7 percent as the fallout of the trade war was expected to hit demand in top consumer China, The metal is down 14 percent this year, Another metal that lost over the past three months was gold XAU=, down 5.6 percent on the quarter and 9 percent on the year, That’s largely because dollar strength and a vibrant U.S, economy have lured investors to the greenback instead of gold as a safe haven investment..
BRUSSELS (Reuters) - European Union countries will tell the world’s financial leaders next month that rising trade tensions can have a “serious adverse” effect on global growth and that they should reject protectionism and commit to solving disputes through the WTO. Finance ministers and central bank governors of the world’s 20 biggest economies are to meet Oct. 11-12 on the Indonesian island of Bali, and a trade war between the United States and China and tensions with Europe will top the agenda.
“We are concerned about the risk of escalating trade tensions, which can have a serious adverse impact for strong, inclusive, sustainable and balanced global growth and investment,” EU finance ministers said in a document prepared for the meeting that is to be formally approved on Oct 2, “The G20 unique cufflinks india should reconfirm its commitment to promote market openness, the fight against all forms of protectionism, including all unfair trade practices, an enhanced rule-based multilateralism and a level playing field for trade in goods and services, investment and intellectual property rights,” the document, seen by Reuters, said..