Global Economy

With more than $1 trillion in e-commerce sales projected in China this year, and more than $1.5 trillion in 2018, “massive” is an appropriate description.

Traders in the Mexican peso are now betting that the peso will strengthen against the U.S. dollar. This is their first bullish bet since late 2014.

The CAC 40 is a benchmark French stock market index. The day after Sunday’s election, the index gained 4.5%, breaking out to new highs for the year.

China is adding robots at an average pace of about 20% annually. In other words, about 650,000 new robots are expected to be installed there by 2020.

Efficient markets assume that all traders, as a group, know everything. This is good news for those worried about the situation in North Korea.