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

Comments

Popular posts from this blog

Travel - SERIES 279 {26 articles}

The incredible ways travel has changed in the past 21 years 10/16/2018, 12:21:09 PM Think back to 1997. A time before Google, before Facebook, before smartphones. Almost unimaginable, isn’t it? Richard Godwin tracks the ways our travel world has changed since then. ✔ Land Rover-loads of tousled-haired children in Boden stripes were sent down the M4 to be rewilded on the slopes of Cornwall and Devon, where their parents would photograph them licking Mr Whippys and investigating rock pools in an Enid Blyton fantasia But this was before Londoners discovered the British countryside and began refashioning it more to their tastes Is is safe to travel to France as flash floods sweep the Mediterranean? Latest update 10/16/2018, 3:34:40 PM FRANCE has been battered by torrential rain resulting in severe flooding. Officials have said up to seven months' worth of rain fell overnight in one south-western area. So is it safe to travel to France? ✔ Shocking photos depict submerged...

War Countries - SERIES 319 {33 articles}

Revealed: Canadian companies arming Saudi Arabia’s war in Yemen 10/23/2018, 7:27:45 PM Since 2015, Canadian companies have provided $2.4 billion in combat vehicles, weapons, surveillance technology, pilot training relied on by the oil-rich Saudis ✔ Each time she learns Saudi bombs are falling on Yemen, Shireen Al-Adeimi rushes to her cell-phone ✔ In November 2017, the company unveiled a new surveillance aircraft called the Force Multiplier at the Dubai Air Show ✔ Which is why western governments have preferred the brand of stability the Saudi regime provides – and why they’ve been happy to have their weapons bought by the Saudi’s oil wealth What was the Arab Spring? Timeline from Egypt to Tunisia and Yemen and Syria 10/23/2018, 6:16:31 PM IN late 2010 a sequence of events began in the Arab world which saw autocratic and corrupt regimes overthrown. The uprisings became known as the Arab Spring and saw a frustrated generation vent the… ✔ Here’s what you need to know about the...

War Countries - SERIES 380 {29 articles}

3 million Venezuelans have fled their country, according to new U.N. estimate 11/8/2018, 4:39:09 PM The figure makes it comparable to refugee crises in Syria and Afghanistan. ✔ Venezuelan migrants stand alongside a route, after leaving the CEBAF (bi-national border care center) facilities in Tumbes, Peru, near the border with Ecuador, on Nov. 1, 2018 ✔ It was followed by Peru, which had more than half a million, Ecuador more than 220,000, Argentina 130,000, Chile more than 100,000 and Brazil 85,000 Bangladesh general election on December 23 despite Zia's arrest 11/8/2018, 4:53:49 PM Officials say the election will be held even as the main opposition leader remains imprisoned. ✔ A favourable situation prevails in the country to hold a free and fair election, Chief Election Commissioner Nurul Huda said in an address aired by state-run television and radio stations ✔ It is still not immediately clear whether the BNP would contest the election ✔ The party boycotted the 2014...

Trade War - SERIES 236 {21 articles}

Mnuchin watching China's currency as trade war escalates 10/11/2018, 7:09:25 PM US Treasury Secretary Steven Mnuchin is keeping a close eye China's currency as the trade war between the two countries escalates. ✔ It is seeking to gain an edge by upping pressure on China as it struggles with slowing economic growth and sharp declines in the country's stock markets ✔ If it were to do so this month, the move wouldn't immediately trigger any US penalties, but it would further inflame the tensions between the world's two largest economies Smartphone supply chain foresees cheerless holiday 10/11/2018, 6:16:10 PM US-China trade war threatens to spoil all-important Christmas season ✔ Customers try out the new iPhone Xs Max at the Apple Store in Manhattan ✔ The overall smartphone industry is expected to face a difficult season this quarter, given the latest message delivered by Largan's executive, said Nicole Tu, a tech analyst at Yuanta Securities Investm...

Travel - SERIES 95 {21 articles}

Bake Off star Ruby offers a glimpse at her life on Instagram 9/5/2018, 4:34:57 PM Glamorous contestant Ruby Bhogal, 29, from London, has amassed a loyal following on Instagram thanks to her saucy selfies and envy-inducing travel snaps. ✔ Last night's Bake Off saw temperatures soar, and the desserts of cake week collapse - but the tent isn't the only place heating up ✔ Another follower added: 'How do I go one better than anyone else with a comment that shows how stunning I think you are?' Ruby has proven popular among viewers since week one of the Channel 4 baking competition Boom: A supersonic flight revival - CNN Video 9/5/2018, 6:21:25 PM Boom Supersonic is set to reinvent supersonic travel and cut flight times in half, its founder and CEO Blake Scholl tells CNN how. ✔ MUST WATCH Boom: A supersonic flight revival Boom Supersonic is set to reinvent supersonic travel and cut flight times in half, its founder and CEO Blake Scholl tells CNN how ...