Daily Wealth Letter from The Wealth Forums 27 July 2016

Markets, Reports — By on July 27, 2016 at 2:01 PM
Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 262  WEDNESDAY,  JULY 27,  2016

China’s stock market dives after curbs

China Banking Regulatory Commission is discussing stricter curbs on wealth-management products. Meanwhile, a measure of the Shanghai Composite Index’s short-term volatility doubled, after sinking to a two-year low on Monday.  READ MORE: http://thewealthforums.com/2016/07/27/chinas-stock-market-dives-curbs/

UK economy grew faster pre-Brexit

The UK economy grew at a faster-than-expected pace in the second quarter, as official figures showed uncertainty in the run-up to the EU referendum had a “limited effect, ” according to figures announced on Wednesday.  READ MORE: http://thewealthforums.com/2016/07/27/uk-economy-grew-faster-pre-brexit/

Seized paintings identified

The paintings seized by Swiss authorities are by Vincent Van Gogh and two others by Claude Monet. The move came as part of the global investigation into Malaysia’s scandal-tainted sovereign wealth fund. The works were seized following a request from the United States, one of several countries probing alleged massive fraud at the Malaysian state fund 1MDB, said Swiss justice ministry spokeswoman Ingrid Reyser. READ MORE: http://thewealthforums.com/2016/07/27/seized-paintings-identified/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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