Trade war may boost Chinese economy & hurt US growth – ECB
9/26/2018, 2:58:47 PMThe United States will have most to lose if it starts a trade war with other countries, while China would be better off after retaliating, research from the European Central Bank shows. ✔ The report said that if the US was importing fewer goods from China then that would be offset by increased Chinese trade with other countries, where the nation's exporters could gain market share at the expense of more costly US exports ✔ For more stories on economy & finance visit RT's business section Trends: China-US newsTrade War news
China's latest move shows that it's committed to fighting Trump in the trade war for the long haul
9/26/2018, 3:38:52 PMChina announced that the country will cut tariffs on roughly 1,500 goods starting November 1. The move appears to be designed to reduce the pain from the US-China trade war on Chinese consumers and help Beijing drag out the tariff conflict. ✔ Businesses and consumers in China won't see as dramatic of an increase in the cost of goods, which decreases public pressure on the government to come to an agreement with the US ✔ No one should see this announcement as a turn away from industrial policy and the dominant focus on supporting domestic Chinese companies
Without evidence, Trump accuses China of interfering in U.S. midterm elections
9/26/2018, 3:58:33 PMAt a meeting of the U.N. Security Council, the president asserted Beijing was retaliating against him over the escalating trade war. ✔ Hard-liners in the ruling Communist Party have been eager to highlight the increasingly harsh rhetoric from Trump and his aides as evidence that the United States is seeking to punish China ✔ China’s market distortions and the way they deal cannot be tolerated
World War 3: China ‘ready to respond to US provocations’, Trump is warned
9/26/2018, 12:27:23 PMA STATE-run Chinese media outlet has suggested the country is ready to “respond to US provocations” in a clear hint the ongoing trade war and tension in the South China Sea have the potential to deteriorate amid World War 3 fears. ✔ Mr Wang said: China and the United States can have competition, but should not use a Cold War mentality to view each other, and nor should they slip into the trap of a zero-sum game ✔ And analysts believe neither side is in the mood to compromise any time soon
Tariffs cost Ford $1 billion in profit and hurt sales in China
9/26/2018, 3:07:18 PMFord CEO Jim Hackett said Ford needs the U.S., China and other countries to make quick decisions about trade or there 'will be more damage.' ✔ President Donald Trump's tariffs are hitting Ford's finances hard ✔ The irony is, we source most of that in the U.S. today anyways ✔ So we are in a good place right now, but if it goes on longer there will be more damage ✔ We have had to move people in that factory to other functions because of that trade problem, he said
Chinese companies help lift Asian stocks on MSCI bets
9/26/2018, 12:33:04 PMCNOOC and PetroChina rise on oil prices while Axiata gains after M1 deal reports ✔ Regional energy producers climbed after Brent crude prices advanced nearly 4% on Monday and Tuesday ✔ The company late on Wednesday said it is reviewing its position in Singapore wireless operator M1 ✔ --Suzannah Benjamin Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th
Fed likely to lift rates, possibly end 'accommodative' policy era
9/26/2018, 3:01:58 PMith the Federal Reserve widely expected to raise interest rates on Wednesday, fi... ✔ MANAGING RISKS In its last round of economic projections in June, the Fed forecast the economy would grow 2.8 percent this year, a figure several central bank officials have since publicly notched higher ✔ Calvert/File Photo Our Standards:The Thomson Reuters Trust Principles
Kuwait calls U.S. decision to remove missile systems 'routine'
9/26/2018, 2:46:14 PMA U.S. decision to remove anti-missile systems from several Arab allies was an &... ✔ There was no immediate comment from Jordan and Bahrain did not respond immediately to a Reuters’ request for a comment ✔ The move follows rising rhetoric against Iran from the United States, which earlier this year pulled out of the Joint Comprehensive Plan of Action, the 2015 deal in which Tehran agreed to curb its nuclear work in return for the lifting of most Western sanctions ✔ Our Standards:The Thomson Reuters Trust Principles
Deal-making spree keeps investors upbeat about European M&A revival
9/26/2018, 12:28:58 PM$40 billion takeover of British broadcaster Sky and other new deals in Europe ha... ✔ BUMPER YEAR Still the year is set to be a bumper one and dealmaking activity could get a further boost if concerns that the U.S.-Sino trade war could damage Europe’s export-oriented economy ease ✔ A softening of political risk would also help, investors said ✔ Our Standards:The Thomson Reuters Trust Principles
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, NKE, DB, UBS, SONC) | Markets Insider
9/26/2018, 12:45:24 PMundefined ✔ Data compiled by Bloomberg shows a 99% chance the Fed will hike rates at the conclusion of its two-day meeting ✔ Deutsche Bank held internal talks about a merger with Swiss giant UBS ✔ Hong Kong's Hang Seng (+1.15%) led the gains in Asia and France's CAC (+0.22%) is out front in Europe
Ahead of expected Fed rate hike, Wells Fargo urges investors to reduce risk to safeguard gains
9/26/2018, 12:17:40 PMWells Fargo's Christopher Harvey explains why investors should act more cautiously and target contrarian plays. ✔ As Fed meeting kicks off, Wells Fargo’s top market watcher urges investors to reduce risk 16 Hours Ago | 01:41 The latest Federal Reserve meeting on interest rates could usher in an era of smaller stock market gains ✔ We're looking for possibly a mild pullback, Harvey said
Chinese burn for Donald Trump as epic shrug greets election fraud claims
9/26/2018, 3:31:46 PMThe leaders of the world laughed at the US President yesterday, today it was just China making its feelings known ✔ The Chinese delgate is mid-cough when Trump makes his allegation He listens to the translation.. ✔ In July at a summit in Helsinki, Trump accepted Russian President Vladimir Putin's denials and the U.S. president describes investigations as a political witch hunt
Trump Today: President accuses China of attempting to interfere in U.S. midterm elections
9/26/2018, 3:29:43 PMPresident Donald Trump on Thursday accused China of attempting to meddle in the upcoming U.S. midterm elections, as he met with world leaders at the United Nations and said he would have liked the Senate to confirm his Supreme Court nominee weeks ago. ✔ Read: From hammers to hair clippers: How Trump’s trade war with China will affect you ✔ Subscribe to MarketWatch's free Asia Daily newsletter ✔ Robert Schroeder Robert Schroeder is the White House reporter for MarketWatch ✔ We Want to Hear from You Join the conversation Comment
China cancels USS Wasp's visit to Hong Kong as tensions rise
9/26/2018, 2:05:13 PMChina has denied a request for the USS Wasp to make a port visit next month at Hong Kong as tensions between the two nations continue to rise. ✔ The Amphibious assault ship USS Wasp(Photo: AP) China has denied a request for the USS Wasp to make a port visit next month at Hong Kong and has canceled a visit by the head of its navy as tensions between the two nations continue to rise ✔ Chinese officials did not directly tie the Wasp decision to the military deal
Dollar gains ahead of Fed meeting; focus on rate outlook
9/26/2018, 2:46:56 PMrose to a more than one-week high on Wednesday before a widely anticipated Feder... ✔ Global markets have been unsettled in the past few months because of a heated trade dispute between the world’s two largest economies and its possible impact on world growth ✔ China on Wednesday said it would cut import tariffs for products including machinery and electrical equipment as it braced for an escalation in the trade row with the U.S. The cuts are expected to lower costs for consumers and companies by about 60 billion yuan ($8.73 billion) this year ✔ Our Standards:The Thomson Reuters Trust Principles
California’s ‘golden’ economy could be tarnished by Trump tariffs, high cost of living
9/26/2018, 2:21:52 PMThe huge California economy has enjoyed a remarkable rebound in the past six years, but things might not be as golden for the Golden State in the next few years. ✔ Bloomberg News A tugboat guides the Kawasaki Kisen Kaisha Ltd ✔ Even if the U.S. and China resolve their disputes soon, the bank predicts, the state will struggle to keep up its recent pace of growth ✔ We Want to Hear from You Join the conversation Comment
Europe stocks tread water with an eye on the Fed meeting
9/26/2018, 2:10:15 PMDaimler and Deutsche Bank are among the stocks losing ground in Europe on Wednesday, in muted market moves, with investors awaiting the outcome of the Fed meeting. ✔ Read: What the market will watch for in Italy’s crucial budget proposal this week What are strategists saying ✔ Heavyweight pharmaceutical major Roche Holding Ltd ✔ Subscribe to MarketWatch's free Need to Know newsletter ✔ We Want to Hear from You Join the conversation Comment
Analysis | The Finance 202: Trump's NAFTA redo hits a skid as Sunday deadline approaches
9/26/2018, 12:40:11 PMA breakthrough with Canada remains elusive. ✔ His administration slapped 10 percent tariffs on $200 billion in Chinese goods a move he justified Tuesday as necessary to defend American workers ✔ #TNYcartoons A post shared by The New Yorker Cartoons (@newyorkercartoons) on Sep 25, 2018 at 9:39am PDT BULL SESSION Bill Cosby sentenced to at least three years in prison: Gloom in newsrooms as Hungary's independent media recedes: Kangaroo on the loose in Florida neighborhood:
Wednesday Morning Briefing
9/26/2018, 2:24:24 PMDemocrats lead in Rust Belt states that Trump won according to a Reuters poll an... ✔ Bangladesh’s leader accused neighboring Myanmar of finding new excuses to delay the return of more than 700,000 Rohingya who were forced across the border over the past year, and said in an interview that under no circumstance would the refugees remain permanently in her already crowded country
Trump accuses China of election meddling in retaliation for tariffs
9/26/2018, 3:53:49 PMTrump boldly accused China at a UN Security Council meeting of working 'against my administration' to oust Republicans this fall as a tactic to evade punishing trade actions. ✔ Xi did not attend the United Nations General Assembly this year, providing the perfect opportunity for Trump to declare a trade triumph and rail against China for other alleged abuses like currency manipulation and intellectual property theft ✔ By the time that Trump arrived at the United Nations he was entangled in a full-on trade war with the communist nation that he says is now waging a campaign against him of disinformation
Emmanuel Macron is auditioning to be leader of the free world
9/26/2018, 1:24:09 PMDriven by the populist British vote to leave the European Union and by Trump's equally populist rejection of "globalism," the UK and US seem driven to embarrassing self-harm. Step forward Emmanuel Macron. ✔ MUST WATCH Macron fires back at Trump in UNGA speech 00:43 Sam Kiley is a senior CNN international correspondent ✔ American businessmen listening to British Prime Minister Theresa May might have been forgiven for embarrassed coughs while she made undeliverable promises like a second-hand car salesman on the fringes of the United Nations General Assembly in New York this week ✔ MUST WATCH Bolduan: World laughed at Trump ..
Opinion | You’re right, U.N. — Trump’s foreign policy is indeed worth a laugh
9/26/2018, 1:12:58 PMIf only the costs of the joke weren't so high. ✔ President Trump addresses the United Nations General Assembly on Tuesday ✔ While denigrating so many of America’s allies, Trump failed to call out Russian President Vladimir Putin, who, with his aggression, poses an infinitely greater threat to national sovereignty than does the hapless International Criminal Court
US has to come to terms with its place in the world, just as Britain did when its empire collapsed
9/26/2018, 3:28:00 PMTrump’s threats of war, sanctions and promises to make America great again could be dismissed as the ranting of an eccentric politician. But this isn’t all about Trump. What he advocates is representative of much of the US elite. ✔ Published time: 26 Sep, 2018 15:16 Get short URL © Ramin Talaie / Getty Images Trump’s threats of war, sanctions and promises to make America great again could be dismissed as the ranting of an eccentric politician ✔ Fortunately, this was rejected by most Asian governments and never happened ✔ The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT
Can Small-Cap Stocks Keep Their Momentum?
9/26/2018, 3:00:15 PMSmall-cap stocks have been rallying for several months, but sustaining the trend is questionable. ✔ But, should that rhetoric die down or should the tariff talk finally abate, one can foresee a situation where small caps are suddenly out of vogue ✔ Top Small-Cap Stocks to Buy Amneal Pharmaceuticals Inc Stock Name 18791.67% YTD Return Cumulus Media Inc Stock Name 4728.57% YTD Return GulfMark Offshore Inc (New) Stock Name 2190.57% YTD Return Nine Energy Service Inc Stock Name 1697.81% YTD Return Endocyte Inc Stock Name 1222.30% YTD Return Viking Therapeutics Inc Stock Name 1157.62% YTD Return NII Holdings Inc Stock Name 1001.88% YTD Return Casa Systems Inc Stock Name 924.67% YTD Return Spark Networks ADR Stock Name 838.20% YTD Return 3Pea International Inc Stock Name 765.96% YTD Return Stock Name YTD Return Amneal Pharmaceuticals Inc 18791.67% Cumulus Media Inc 4728.57% GulfMark Offshore Inc (New) 2190.57% Nine Energy Service Inc 1697.81% Endocyte Inc 1222.30% Viking Therapeutics Inc 1157.62% NII Holdings Inc 1001.88% Casa Systems Inc 924.67% Spark Networks ADR 838.20% 3Pea International Inc 765.96% Stock information as of September 25th, 2018
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