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

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 ...

Travel - SERIES 66 {14 articles}

Tourism plays important role in promoting mutual understanding between China, India - Travel 8/30/2018, 1:42:13 AM undefined ✔ According to him, Hangzhou was adjudged as one of the top 15 global tourist destinations last year, and it's the home of the world's largest e-commerce giant Alibaba ✔ He added that the India-China relationship was special in many ways as our historical and civilizational links naturally bond us together TV host and fashion icon who introduced China to the world 8/30/2018, 12:02:15 AM Today, Chinese people travel and study abroad, watch blockbusters at cinemas, order international fashion brands online, and do business with people from other countries. ✔ Yue-Sai Kan demonstrates makeup for customers in a shopping center in Shanghai in 1996 ✔ The show lasted a year, running for 48 episodes on China Central Television, the State broadcaster, and covering 14 countries ✔ So many people would say to me, 'I never knew the outside world was lik...

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...

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...

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...