Skip to main content

Trade War - SERIES 86 {13 articles}

Asia markets poised for cautious open as trade concerns weigh

9/3/2018, 11:41:57 PM
U.S. markets were closed on Monday for Labor Day, but concerns around the future of the North American Free Trade Agreement and a possible escalation of the U.S.-China trade war continued to weigh on markets. ✔ On Monday, Indonesia's rupiah fell to its weakest level in more than 20 years and the country's central bank reportedly said it would intervene in foreign exchange and bond markets ✔ Here is a look at the day ahead: Australia's current account for the second quarter of 2018 at 9:30 a.m. HK/SIN Reserve Bank of Australia's decision at 12:30 p.m. HK/SIN Reuters contributed to this report


8@eight: Trade worries hover over markets

9/3/2018, 10:09:28 PM
What happened overnight and what's ahead for the ASX. ✔ The knowledge that the RBA will likely remain supportive of the economy helps undoubtedly, as interest rate markets price in less than one rate hike before March 2020 ✔ Market watch:  SPI futures down 3 points or 0.1% to 6297 at 6.30am AEST AUD +0.3% to 72.13 US cents Wall St closed for Labor Day In Europe: Stoxx 50 +0.1% FTSE +1% CAC +0.1% DAX -0.1% Spot gold -0.2% to $US1201.36 an ounce at 1.37pm New York time Brent crude +0.5% to $US78.03 a barrel US oil +0.4% to $US70.10 a barrel Iron ore -0.4% to $US66.05 a tonne Dalian iron ore +0.3% to 484.50 yuan LME aluminium -1.3% to $US2097 a tonne LME copper -0.1% to $US5967 a tonne 2-year yield: US 2.63% Australia 1.96% 5-year yield: US 2.74% Australia 2.11% 10-year yield: US 2.86% Australia 2.52% Germany 0.33% US-Australia 10-year yield gap: 34 basis points This column was produced in commercial partnership between Fairfax Media and IG


Opinion | Trump promised farmers ‘smarter’ trade deals. Now he has to bail them out.

9/3/2018, 11:43:57 PM
The first part of Trump’s $12 billion agricultural bailout program begins Tuesday. ✔ By Catherine Rampell Columnist September 3 at 6:56 PM Trade, not aid ✔ That farmer bailout spending, after all, looks like it will be paid for at least partly through more federal borrowing including, presumably, from China, which is the largest foreign holder of U.S. Treasurys


Asian factories feel pinch from escalating U.S.-China trade conflict

9/3/2018, 9:34:37 PM
Manufacturing activity in major Asian economies took a hit from weak export orders in August, a sign firms are starting to feel the pinch from intensifying trade friction between the United States and China that many fear could derail global growth. Surveys of purchasing managers released on Monday showed persistent… ✔ A Reuters poll last month forecast growth in the world's biggest economy will slow steadily in coming quarters, with analysts expecting Trump's trade war to inflict damage ✔ But separate data showed the country's retail sales fizzled out in July, pointing to a subdued start for the third quarter


Markets Live: ASX futures point to flat open

9/3/2018, 11:34:23 PM
With US markets taking a holiday on Monday, the ASX futures suggest a flat start to the day. ✔ It places traders in a starkly different position compared to last week when it was hope that perhaps US President Trump and his administration had turned a corner with their views on global trade ✔ As has proven the case time and time again however, clarity, stability and consistency on any topic can't be expected out of this White House


Export slump hits factories

9/4/2018, 2:32:54 AM
FACTORY growth fell to its weakest for over two years in August and optimism among manufacturers is at a 22-month low after export orders dried up. ✔ IHS Markit director Rob Dobson said manufacturing will not provide any support to the wider economy in the third quarter, amid trade war and Brexit uncertainty ✔ BRC chief executive Helen Dickinson said: The pressure on disposable income has meant some shoppers are less able to spend on the more discretionary non-food items such as clothing and footwear


Dollar, yen strengthen on lingering trade, emerging market worries

9/4/2018, 2:46:51 AM
The greenback and yen strengthened on Tuesday on the back of worries over global trade and emerging market currencies. ✔ Similar surveys in Asia showed the region's key exporting nations coming under strain from the escalating global trade frictions ✔ The Reserve Bank of Australia holds its September policy meeting on Tuesday and is considered certain to keep rates at a record-low 1.5 percent


Little prospect of surge in inflation

9/4/2018, 12:17:57 AM
Economy sound, says NDRC official, with major monetary easing unlikely ✔ Customers buy seafood in a market in Nanning, South China's Guangxi Zhuang autonomous region, June 9, 2018 ✔ China's consumer price index, a main gauge of inflation, rose by 2.1 percent in July from a year earlier, beating market expectations, according to data from the National Bureau of Statistics


China pledges another $60bn to Africa in bid to win allies

9/3/2018, 9:33:52 PM
Xi Jinping says Beijing's investment and aid has no political strings attached ✔ China and Africa are natural allies with common aspirations, official Chinese media have quoted Foreign Minister and State Councilor Wang Yi as saying ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th


Reuters poll: Chance of hard Brexit holds at 25 percent, economists...

9/4/2018, 12:42:33 AM
There is a one chance in four that Britain will leave the European Union in March without a deal, a Reuters poll found, while the Bank of England will wait until after Brexit before raising borrowing costs again. ✔ But as there is still little clarity on how Britain will trade from April, and as a global trade war escalates, median forecasts for post-Brexit economic growth were revised down from August projections ✔ (Other stories from the Reuters long-term economic outlook polls:) Our Standards:The Thomson Reuters Trust Principles


Texas wants to continue trade with China, say experts

9/4/2018, 1:50:02 AM
While US-China trade tensions continue to escalate at the federal level, some experts and business leaders in Texas voiced the state's desire to continue its trade relationship with China. ✔ An employee rides a horse through a beef cattle pen during twice-daily health and safety inspections at the Texana Feeders feedlot in Floresville, Texas, US ✔ Although the impact from the tariff isn't immediately available in terms of trade data, Harvey warned that the toxic business environment generated by the trade disputes could stall business deals


'Trump is checking out of Asia': What Australia should do about it

9/3/2018, 11:13:14 PM
Australia needs to make contingency plans for finding security in a region where the US is increasingly remote and China increasingly present. ✔ Beijing and Jakarta both lay overlapping claim to part of the South China Sea, for instance, the source of some friction in the last couple of years ✔ He faces re-election next year, as does Morrison ✔ And even help create some stability in a region where that quality is fast shrinking


Cities new sources of economic power - Opinion

9/3/2018, 11:50:54 PM
undefined ✔ Li Min/China Daily The world has a demand problem, and it is dealing with it all wrong ✔ It is also China's most innovative urban cluster, generating more than 50 percent of the country's international patent applications ✔ Evaluations of those experiences led to last year's announcement of more FTZs, as well as the Xiong'an New Area, an ambitious plan to transform the dusty plains in Hebei province near Beijing and Tianjin into a dynamic green model city, by using cutting-edge technology


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Disasters - SERIES 336 {20 articles}

California Today: What an Earthquake Could Do to the State’s Housing Crisis 10/19/2018, 1:06:58 PM Friday: An earthquake drill raises some difficult questions, LeBron James‘s Lakers debut and saving an entangled owl in the Bay Area. ✔ [The Los Angeles Times] • The Bay Area has some of the worst roads in the nation , according to a new report ✔ She added that birds often become tangled in cords, strings and netting, especially with Halloween decorations in October ✔ Britain Releases Anjem Choudary, Radical Islamist Preacher, Under Strict Controls Wife of missing Interpol chief says he might already be dead 10/19/2018, 2:23:28 PM Grace Meng says husband is a victim of 'political persecution' and calls Chinese officials 'cruel' and 'dirty' ✔ A Somali police officer says a number of people were wounded after a suicide bomber detonated an explosives-laden vehicle at a checkpoint outside the headquarters after being stopped by security forces AP ...
Post a Comment
Read more

Travel - SERIES 402 {14 articles}

China Intl Travel Mart 2018 opens - Travel 11/17/2018, 3:26:48 AM undefined ✔ It now serves as an essential platform for the tourism industry to seek cooperation at home and abroad ✔ The event includes dancing, singing and intangible cultural heritage performances, as well as interactive games for buyers and audience members to win prizes Discover tough rounds and relaxation in the golfer's paradise of Majorca 11/17/2018, 4:27:21 AM A FEW miles inland from the chaos and carnage of the Majorcan party resort of Magaluf lies a tranquil, sun-baked paradise. It is somewhere many people under the age of 25 never get to see. The Carr… ✔ A FEW miles inland from the chaos and carnage of the Majorcan party resort of Magaluf lies a tranquil, sun-baked paradise ✔ Dinner, as expected, was beautiful and served in an airy, atmospheric dining room with great views over the hills ✔ The elevated view from the clubhouse is stunning, with a picture-book lighthouse in the foreground and the...
Post a Comment
Read more

Trade War - SERIES 107 {19 articles}

US-China trade war worries are 'overdone,' says CEO 9/10/2018, 3:39:36 AM Worries about the U.S.-China trade war are overdone because the impact on China will not be as immediate and challenging as investors may expect, says Jonathan Slone, CEO of brokerage and investment group CLSA. ✔ Investors are beginning to understand the picture is much more complex than just this noise that we hear over trade, he said ✔ Don't forget they have a demographic challenge, so they're actually changing their industrial policy to fit in with the secular change you're seeing in those overall trade negotiations Trade war fears scupper Volvo Cars initial public offering 9/10/2018, 1:15:09 AM undefined ✔ Like all large car manufacturers, Volvo is facing potential disruption to its business from the global trade war that has seen the US threaten to ramp up tariffs on automotive imports from Europe and China ✔ Volvo is still pursuing an ambitious midterm plan to double sales an...
Post a Comment
Read more

Travel - SERIES 324 {32 articles}

The terrifyingly easy way holidaymakers could get sent to prison in Turkey 10/26/2018, 3:35:38 PM HOLIDAYMAKERS visiting Turkey have been warned to be extra cautious about criticising Turkish President Tayyip Erdogan’s government on social media. Even “liking” someone elseR… ✔ Getty - Contributor 2 The warnings come from the German Foreign Office to its citizens in response to a spate of cases of Germans arrested for online criticism of Erdogan ✔ The ministry added that even private comments could be risky ✔ Until now, holidaymakers had been able to apply for a visa after they have arrived, by using at kiosk at the airport in Turkey Want to see the Northern Lights? Now's the perfect time, according to aurora experts 10/26/2018, 12:11:27 PM undefined ✔ While Dr Case did err on the side of caution – the coronal holes could collapse or weaken by the time the sun rotates back around – he did suggest it may be possible to see the display in the UK ✔ Join the conversation...
Post a Comment
Read more

Travel - SERIES 293 {31 articles}

Selfies in the Korean DMZ – and other unusual border travel experiences 10/19/2018, 2:43:20 PM undefined ✔ Such is the political turbulence that has come to define this second decade of the 21st century that it seems we can go from the worrying - and uncomfortably plausible - prospect of global nuclear warfare to selfies on the frontline in the space of less than 18 months ✔ The Wagah border ceremony is quite the spectacleCredit:AFP/SUJIT JAISWAL India-Pakistan While not quite enemies in the Korean style, India and Pakistan can never be described as best buddies The person giving you official travel advice may be an inmate 10/19/2018, 12:11:51 PM A unique program in North Carolina trains female inmates to dispense travel advice and handle roadside assistance for official state toll-free numbers. ✔ The program began in the 1980s, when tourism inquiries were handled by state employees or an imperfect computer system ✔ It’s all about beaches and families scouting universi...
Post a Comment
Read more