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Trade War - SERIES 184 {13 articles}

Trade war weighs on China industrial profits

9/27/2018, 4:20:40 AM
undefined ✔ It is difficult to find an excuse not to blame the trade war, she said, adding factories with foreign investment appeared to be among the worst hit ✔ And those no so profitable infrastructure projects, eg, anti-pollution, could be under local government financial vehicles, which are not considered as local government entities but corporate entities



Fast Europe Open: Germany CPI, eurozone consumer confidence

9/27/2018, 5:32:57 AM
undefined ✔ 07.00: Germany GfK consumer sentiment 08.00: Turkey economic confidence index 08.00: Sweden consumer confidence 09.00: Italy business and consumer confidence 10.00: eurozone consumer confidence and business climate 13.00: Germany consumer price index



Trump Accuses Beijing of Meddling in U.S. Elections Without Giving Proof

9/27/2018, 7:52:58 AM
'It will come out," he said. ✔ In June, Canberra passed a sweeping new law targeting foreign interference, which many believed was a direct response to a perceived China threat ✔ A senior official in the Trump administration told reporters also that the U.S. planned to declassify information regarding Chinese political interference ahead of a speech on the issue by Vice President Mike Pence due next week



Bank Indonesia raises rates again as currency pressure mounts

9/27/2018, 7:45:01 AM
US Fed's third rate increase this year prompts pre-emptive move ✔ Bank Indonesia's latest hike was partly a response to the Fed's increase the day before ✔ The rupiah came under renewed pressure last week when the archipelago nation recorded a $1.02 billion trade deficit for August, larger than the market expected ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th



Breakingviews- Japan bends without breaking on U.S. trade

9/27/2018, 6:47:48 AM
reakingviews) - Japan is bending without breaking on trade. Prime Minister Shinz... ✔ HONG KONG (Reuters Breakingviews) - Japan is bending without breaking on trade ✔ Abe can’t force his citizens to buy F-150s, but he might be able to persuade manufacturers to expand their U.S. factories ✔ This sounds like code for keeping pressure on China amid efforts to reform the World Trade Organization by closing loopholes abused by state-controlled companies in the People’s Republic



Indexers Turn Spotlight On China’s Smaller Stocks

9/27/2018, 4:55:17 AM
China’s small- and midsize listed companies are about to get a lot more attention from global investors, with many firms likely to join FTSE Russell and MSCI Inc. indexes. ✔ MSCI, which tracks less than 300 large Chinese stocks, also proposed to make stocks listed on Shenzhen’s ChiNext, a Nasdaq-style board heavy with tech firms, eligible for the index starting in May ✔ Elsewhere The U.S. dollar was steady against the Chinese yuan in the freely traded offshore currency markets, with one dollar buying 6.8755 yuan



Europe seen under slight pressure at the open after Fed raises rates 

9/27/2018, 5:52:36 AM
European stocks are expected to show a slightly negative picture around Thursday's open, as investors monitor political news going on around the world. ✔ In the latest surrounding the tit-for-tat trade war with China, President Donald Trump accused China of intending to interfere with the upcoming U.S. congressional elections this November ✔ Looking at economic data, economic sentiment figures for the euro area are due out during trade



Specter of capital flight looms large

9/27/2018, 6:16:40 AM
undefined ✔ Concerns could grow should the market see signs of foreign funds that were expected to stay here over the medium to long term leave the market, said Sung Tae-yoon, an economist at Yonsei University ✔ The Fed's increase to the 2 percent to 2.25 percent range was the eighth time it has raised its rate since late 2015



Hong Kong stocks slip as local banks up rates after Fed move

9/27/2018, 5:33:26 AM
HSBC flat after raising lending rates, while property developers pull back ✔ In essence, the policy move means China is now preparing for a long-term trade war with U.S., and both sides won't back down soon, said Kenny Wen, wealth management strategist at Everbright Sun Hung Kai in Hong Kong, adding that it was market neutral



More US corporate giants warn tariffs will mean price hikes

9/27/2018, 4:42:17 AM
DETROIT (AP) — From Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump's tariffs on U.S. imports are ra ✔ Other automakers that produce vehicles in the U.S. are experiencing the same price increases, said IHS Markit Senior Analyst Peter Nagle ✔ 16, during a television interview that the Trump administration's tariffs on imported steel and aluminum will cost the company $1 billion



China, NZ shrug off Fed, but FX risks seen pushing Philippines and...

9/27/2018, 5:09:30 AM
Zealand sat tight after the Federal Reserve's latest rate hike, but both In... ✔ REUTERS/Chris Helgren/File Photo In a statement that marked the end of the era of accommodative policy, Fed policymakers lifted rates by 25 basis points (bps) to 2.00-2.25 percent ✔ South Korea’s central bank Governor Lee Ju-yeol said the Sino-U.S ✔ trade conflict, as well as weakness in inflation and the job market weighed against policy tightening ✔ Our Standards:The Thomson Reuters Trust Principles



World shares lack momentum, U.S. bond yields fall as Fed sticks to...

9/27/2018, 7:02:10 AM
bal shares struggled in volatile trade on Thursday with Asian markets giving up ... ✔ With an additional rate hike likely in 2018 and one in March next year, we will reach what many Fed governors feel is a neutral rate level ✔ With the low odds of a spike in inflation, it makes sense that the Fed would pause after the March rate hike and allow the markets to adjust to its new policy, he said ✔ Our Standards:The Thomson Reuters Trust Principles



Analysis | Trump becomes a punchline at the U.N.

9/27/2018, 5:24:13 AM
The president of the United States was mocked at the General Assembly and lambasted as he chaired a Security Council meeting. ✔ Directing her comments to Trump at the Security Council, May said, Even the most powerful recognized that investing in collective rules-based restraint was the only effective way of addressing national security interests and avoiding unilateral recourse to force



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