Skip to main content

Trade War - SERIES 91 {10 articles}

US and China’s trade war is based on false assumptions

9/4/2018, 11:53:51 PM
undefined ✔ As Donald Trump and Xi Jinping prepare to lead their countries into the world’s worst trade war since the 1930s, they appear to have forgotten the first half of Sun Tzu’s famous advice to know the enemy and know yourself ✔ Since then, Mr Liu has been the brains behind a campaign to rein in some of the riskiest practices in China’s financial sector


8@eight: ASX to retreat as trade war fears hover

9/4/2018, 10:35:33 PM
What happened overnight and what's ahead for the ASX. ✔ ASX: Local equities appeared to fall in line with their regional counterparts yesterday, owing it seems to a reluctance by investors to buy into equities amid simmering trade wars and emerging market risks ✔ Market watch: SPI futures down 19 points or 0.3% to 6261 at 6.15am AEST AUD -0.4% to 71.80 US cents (Overnight low 71.57) On Wall St: Dow -0.1% S&P 500 -0.3% Nasdaq -0.2% In New York, BHP -1.7% Rio -3% Atlassian +2.1% In Europe: Stoxx 50 -1.1% FTSE -0.6% CAC -1.3% DAX -1.1% Spot gold -0.7% to $US1192.62 an ounce at 2.25pm New York time Brent crude +0.2% to $US78.34 a barrel US oil +0.3% to $US70.01 a barrel Iron ore +0.9% to $US66.62 a tonne Dalian iron ore +0.4% to 487 yuan LME aluminium -1.7% to $US2062 a tonne LME copper -2.5% to $US5815 a tonne 2-year yield: US 2.65% Australia 1.98% 5-year yield: US 2.77% Australia 2.13% 10-year yield: US 2.90% Australia 2.52% Germany 0.35% US-Australia 10-year yield gap: 38 basis points This column was produced in commercial partnership between Fairfax Media and IG


China turns to Africa to mitigate impact of US trade war

9/4/2018, 9:35:06 PM
Beijing summit ends with promise of cooperation on business and security ✔ Some African trading partners are unhappy with simply importing large amounts of factory-made goods from China, prompting Beijing to work on increasing local production in African countries and creating local jobs ✔ Try 3 months for $9 Offer ends September 30th


Key contrarian indicator falls to 9-month low as stock investors grapple with heightened global risk

9/4/2018, 8:30:02 PM
Even as worries about emerging markets and President Donald’s trade war continue to dog the stock market, a closely watched contrarian indicator hit its lowest level in months, underscoring the market’s resilience at a time when global risk looms large. ✔ They also view the Trump administration’s trade battles as a cold war that could continue indefinitely with intermittent flash points ✔ Sue Chang Sue Chang is a MarketWatch reporter in San Francisco ✔ We Want to Hear from You Join the conversation Comment


Summer's over. Now investors have to get ready for a rough fall

9/4/2018, 8:37:01 PM
Darius Dale, managing director at Hedgeye Risk Management, will join CNN's Paula Newton on "Markets Now" on Wednesday to talk about the uncertainties facing Wall Street. ✔ After a strong summer, investors may want to prepare for a rocky autumn ✔ August 22 marked the longest period of uninterrupted gains in American history ✔ Before nearly ever economic downturn, the yield curve has inverted, meaning short-term rates are higher than long-term ones


China services sector growth slows further in August, inflation...

9/5/2018, 1:57:03 AM
Growth in China's services sector weakened again in August as new business picked up only slightly from July's more than two-year low, a private survey showed on Wednesday. ✔ Confidence in future business picked up from July’s near-record low, but remained well below the series average, the survey showed ✔ Growth in new business, which in July slowed to the weakest since December 2015, picked up only slightly last month ✔ Our Standards:The Thomson Reuters Trust Principles


Facebook, Nike drag Wall Street lower; trade concerns linger

9/4/2018, 8:58:24 PM
U.S. stocks fell on Tuesday as trade concerns lingered and declines in Facebook and Nike shares weighed on Wall Street's major indexes, though data showing U.S. manufacturing activity accelerated in August kept losses in check. ✔ Amazon ended the session up 1.3 percent to $2,039.51 ✔ The Dow Jones Industrial Average .DJI fell 12.34 points, or 0.05 percent, to 25,952.48, the S&P 500 .SPX lost 4.8 points, or 0.17 percent, to 2,896.72 and the Nasdaq Composite .IXIC dropped 18.29 points, or 0.23 percent, to 8,091.25 ✔ Our Standards:The Thomson Reuters Trust Principles


Joe Donnelly promotes his independent streak on campaign trail

9/4/2018, 10:36:40 PM
The Indiana Democrat is trying to hold onto his Senate seat in a state Trump won by 19 points in 2016 ✔ Joe Donnelly, D-Indiana, wasn't about to take Labor Day off, instead canvassing his state and meeting with Indianans, urging them to get out and vote this fall ✔ Donnelly countered, Just doing something isn't necessarily a good thing ✔ I represent everybody and I want everybody to know I'll work with anyone if it makes life better


China’s policy choices crucial for global financial stability

9/5/2018, 12:36:38 AM
undefined ✔ The British historian Arnold Toynbee remarked that America was a large, friendly dog in a very small room and that every time it wagged its tail it knocked over a chair ✔ There is also a presumption among investors that wealth management products generated by the shadow banking system will be underwritten by the state in the event of trouble


Health and tech stocks dip; Amazon flirts with $1 trillion

9/4/2018, 8:56:47 PM
NEW YORK (AP) — U.S. stocks finished lower Tuesday as losses for health care and technology companies canceled out gains for banks. Another gain for Amazon briefly brought its mar ✔ Nike slumped after it gave a major endorsement deal to former San Francisco 49ers quarterback Colin Kaepernick, known for his protests of police brutality and racial injustice ✔ Apple reached the $1 trillion mark on Aug. 2 and is now valued at $1.1 trillion ✔ The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Disasters - SERIES 91 {35 articles}

Japan earthquake latest: Where did Hokkaido earthquake hit? Have there been aftershocks? 9/6/2018, 7:36:38 AM JAPAN’S northern island of Hokkaido has been left reeling from a magnitude-6.6 earthquake which struck on Thursday morning and follows just days after the country was devastated by Typhoon Jebi. Where did the Hokkaido earthquake hit? ✔ The tremors have measured from magnitude 4.3 to 5.4 near the epicentre of Thursday morning’s major quake ✔ A magnitude 9.0 earthquake, the most powerful ever recorded in Japan, struck on March 11, 2001, off its northeastern coast, triggering a tsunami that devastated communities along the Pacific coast and killed nearly 20,000 people Rescuers rush to north Japan amid damage after quake kills 7 9/6/2018, 7:33:35 AM ASAHIKAWA, Japan (AP) — Rescuers were rushing to unearth survivors and restore power Thursday after a powerful earthquake jolted Japan's northernmost main island of Hokkaido, buck ✔ ASAHIKAWA, Japan (AP) ...
Post a Comment
Read more

Travel - SERIES 103 {33 articles}

One year after Hurricane Irma, Florida's travel industry recovers 9/7/2018, 9:47:48 AM One year after Hurricane Irma hit the USA, Florida recovers. Hotels are re-opening and airlift is increasing. ✔ The resort has two new restaurants and an expanded adults-only area ✔ Attractions re-open All 10 Keys state parks are open for day use as restoration efforts continue ✔ When it debuts in late fall, this center will showcase the Keys’ four national wildlife refuges with exhibits and a nature bookstore operated by the Florida Keys Wildlife Society Booking flights? Cheapest website to compare prices on isn't the one you'd think 9/7/2018, 9:31:25 AM THE cheapest website for comparing flights has been revealed, and it might not be one that you’d normally use. Which? looked at the leading comparison websites and searched for 10 different flight … ✔ also surveyed people about 12 flight comparison sites that they would recommend to others ✔ For those heading off to the lik...
Post a Comment
Read more

Travel - SERIES 305 {27 articles}

Are we there yet? Tips for road-trip harmony 10/22/2018, 12:16:35 PM When you think of road trip games, "I Spy" or the "License Plate Game" come to mind. But sometimes your fellow passenger wants to pick a fight. ✔ The safest rooms are located on the side of the hotel farthest from the front entrance, located above ground level but not on the top floor (nothing higher than the sixth floor), without a balcony and not overlooked by another room ✔ Check an online travel agency like Expedia or Booking.com or call your travel agent ✔ Check the rate against the price your preferred hotel would charge if you book direct ✔ Contact him at chris@elliott.org or visit elliott.org The country where people will live longest by 2040 – but UK's not in the top 20 10/22/2018, 1:57:45 PM JAPAN has been toppled from first place as the country with the highest life expectancy. The country where people can expect to live the longest is now Spain. A report by the Institute...
Post a Comment
Read more

Disasters - SERIES 276 {48 articles}

'I spent time with the victims of Indonesia’s earthquake and tsunami – and this is what I saw' 10/9/2018, 3:49:43 PM The devastation of the Sulawesi disaster has impacted the lives of tens of thousands of people. Photojournalist Paddy Dowling travelled to the heart of the tragedy, where its victims are slowly rebuilding their lives ✔ The sweet stench of death hangs thick and heavy in the early evening air at Perumnas Balaroa, Palu, Indonesia ✔ JL Kenanga street in Palu is where locals say hundreds of bodies may still be buried under the rubble Paddy Dowling 11/23 A body recovered from Perumnas Baloroa in Palu lay on the road outside the morgue in the blistering heat of the day UK weather forecast: Storm Callum to BATTER UK with 85mph winds - Met Office WARNING 10/9/2018, 2:25:50 PM STORM Callum is set to batter the UK this weekend, ending the country's mini heatwave with torrential rain and heavy winds across the country. ✔ Mr Miles added: It is going to b...
Post a Comment
Read more

Travel - SERIES 260 {21 articles}

Thanksgiving in Shanghai? Why not? This $472 round-trip fare from LAX on United makes it possible - Los Angeles Times 10/12/2018, 10:48:18 AM The window for travel is Nov. 11-Dec. 5. ✔ Why not spend Thanksgiving in Shanghai or begin your Christmas shopping early ✔ Fare : $472 round trip, including all taxes and fees, from LAX to Shanghai on United Restrictions : The fare is subject to availability Storm Callum: Are flights cancelled today as storm batters the UK? 10/12/2018, 8:52:43 AM STORM Callum is smashing into the UK today bringing hurricane-force gales and heavy rain. Warnings have been issued across Scotland, Wales, southern, western and northern England - are flights cancelled? ✔ (Image: Getty Images/ WX CHARTS) More than 25 Aer Lingus flights travelling to and from Dublin airport have already been cancelled ✔ The storm killed at least 22 people with gusts of more than 130 mph ripping trees from the ground, knocking out power supplies and tearing roof til...
Post a Comment
Read more