Skip to main content

Trade War - SERIES 211 {13 articles}

IMF's Lagarde laments 'wasted opportunity' from trade war

10/4/2018, 11:11:59 PM
Managing director hints at possible downgrade to global growth forecast ✔ Our recommendation to many countries around the world is build your buffers, she said ✔ Moreover, to strengthen policy credibility, the BOJ should consider moving closer to a full-fledged inflation targeting framework by publishing BOJ's staff baseline forecast together with underlying policy assumptions, it said


US markets have a trade war edge over China: Commodities

10/5/2018, 3:46:09 AM
Chinese markets are getting hit by the trade war because of their exposure to non-energy commodities, according to a study. ✔ Thomas Peter | Reuters China's President Xi Jinping and U.S. President Donald Trump attend a state dinner at the Great Hall of the People in Beijing, China, November 9, 2017 ✔ The Russell 1000 represents the top U.S. companies by market capitalization ✔ In fact, the sensitivity of the Russell 1000 to the GSCI Non-Energy Index has been trending downward since 2010, indicating that changes in broad commodity prices had a declining impact on the U.S. market, wrote Rudean


US says China wants to kick Trump out of the White House

10/4/2018, 11:05:27 PM
Mike Pence, the US vice-president, has accused China of orchestrating a military, economic and political campaign to undermine Donald Trump’s administration and bolster Chinese influence in America and worldwide. ✔ Jeremy Warner on Trump-China trade war The harsh words also follow an incident on Sunday when a Chinese vessel came within 45 yards of a US destroyer conducting freedom-of-navigation operations in the South China Sea, forcing the US ship to quickly change course to avoid a collision


US and China 'Cold War' could last 20 years - former Fed boss delivers BLEAK forecast

10/4/2018, 10:09:43 PM
RELATIONS between the US and China have plunged to pre-Nixon era levels with the risk of a new Cold War growing by the day, a former US Federal Reserve boss has warned. ✔ Donald Trump and his Chinese counterpart Xi Jinping (Image: GETTY) Kevin Warsh, now a distinguished visiting fellow at the Hoover Institution think-tank, said ties between the nations are deteriorating rapidly at government-to-government and business-to-business levels ✔ And the other global economies and countries will have to plug into one or both


These Countries Pose the Biggest Threat to U.S. National Security, Says Kissinger Associates CEO

10/5/2018, 12:35:10 AM
The veteran intelligence officer says China and Russia are once again the biggest concerns. ✔ If we take that off the table, with sanctions or tariffs, we start to remove the one thing that links us together ✔ The one I’m worried about now, especially for businesses, is an attack that manipulates the data, she saida tactic that could be used to undermine confidence in American institutions and financial systems


Food banks scramble to make Trump’s farm bailout work

10/5/2018, 2:07:25 AM
"We are worried we could have to turn away truckloads of foods from the families we serve," one official said. ✔ We need more support to get this to the people who need it, said Chad Morrison, executive director of the Mountaineer Food Bank of West Virginia ✔ We can see that storm or wave of milk coming and when it does happen, the community empathy toward this is not going to be there as it is during a natural disaster


World War 3: China is a ‘SIGNIFICANT and GROWING RISK’ to US military warns alarming study

10/5/2018, 3:33:32 AM
CHINA represents a “significant and growing risk” to the US as it dominates the supply of materials vital for the American military, a new Pentagon-led report has claimed. ✔ The Pentagon has also feared there is the potential for China to incorporate kill switches in transistors ✔ Since the start of the economic dispute, the US has slapped multiple tariffs on Chinese imports in the hopes of encouraging Americans to buy American ✔ The US has since proposed doing a week-long military exercise as a show of force against Beijing


Asia markets set for lower open after falls on Wall Street overnight

10/5/2018, 12:01:03 AM
U.S. Vice President Mike Pence on Thursday accused China of "malign influence and interference" as it sought to sway the elections against the Republicans in retaliation for President Donald Trump's trade policies. ✔ In other news, the spillover from the ongoing U.S.-China trade war appeared to continue during a speech by U.S. Vice President Mike Pence on Thursday ✔ In an address at Washington's Hudson Institute, Pence accused China of malign influence and interference as it sought to sway the elections against the Republicans in retaliation for President Donald Trump's trade policies ✔ CNBC's Fred Imbert and Reuters contributed to this report


VP Pence calls on Google to end work on a search engine for China

10/4/2018, 10:32:08 PM
On Thursday, Vice President Mike Pence called for Google to end its development of a search engine custom built to accommodate China’s disposition for censorship. Pence gave the speech at a conservative think tank in D.C., dipping into a range of anti-Beijing sentiments, from intellectual pro… ✔ Pence’s full remarks are available on the Hudson Institute’s website ✔ Yesterday, Department of Homeland Security Kirstjen Nielsen declined to endorse the president’s unsubstantiated claims, noting that China pursues a holistic approach to cultivating a positive image in the U.S. Chinese chip spying report shows the supply chain remains the ultimate weakness


Pentagon sees China as 'growing risk' to US defense industry

10/5/2018, 2:13:19 AM
China represents a "significant and growing risk" to the supply of materials vital to the U.S. military, according to a new Pentagon-led report due to be released on Friday, Reuters reported. ✔ Rao Aimin | Xinhua News Agency | Getty Images Chinese President Xi Jinping welcomes U.S. President Donald Trump outside the east gate of the Great Hall of the People in Beijing, China on Nov. 9, 2017 ✔ The report also examined U.S. shortcomings that contribute to weakness in domestic industry, including roller-coaster U.S. defense budgets that make it difficult for U.S. companies to predict government demand


Pence calls envisaged trade deal with Japan an FTA

10/5/2018, 2:41:44 AM
U.S. Vice President Mike Pence on Thursday described an envisaged trade deal with Japan as a "free trade agreement," contradicting Tokyo's assertion that the bilateral accord sought by the two governments will not be as comprehensive as an FTA. "We're forging new trade deals, on a bilateral basis, just as… ✔ In response to what he called China's debt diplomacy, Pence said he will unveil new measures and programs to support a free and open Indo-Pacific when he attends two regional summits in November in lieu of Trump ✔ To put it bluntly, President Trump's leadership is working; and China wants a different American president, he added


Pence accuses China of 'malign' campaign to undermine Trump

10/5/2018, 3:23:58 AM
The US Vice-President has intensified Washington's pressure campaign against Beijing. ✔ Homeland Security Secretary Kirstjen Nielsen told The Washington Post this week there was no indication of any foreign effort to disrupt election infrastructure, but added that we know they [China] have the capability and the will ✔ Our new podcast series from the team behind Phoebe's Fall View episodes


8@eight: ASX to open in the red as global markets slide

10/4/2018, 10:02:08 PM
What happened overnight and what's ahead for the ASX. ✔ It's a risk worth mulling however, especially as it applies to the sustained rise of oil prices, which looks set to continue as supply and production problems bite, along with the possible impacts of higher global tariffs ✔ Market watch:  SPI futures down 31 points or 0.5% to 6146 at about 6.35am AEST AUD -0.4% to 70.74 US cents (YTD -9.1%) On Wall St: Dow -0.8% S&P 500 -0.8% Nasdaq -1.8% In New York, BHP -0.1% Rio -0.3% Atlassian -7.8% In Europe: Stoxx 50 -0.9% FTSE -1.2% CAC -1.5% DAX -0.4% Spot gold +0.1% to $US1198.51 an ounce at 1.42pm New York time Brent crude -2.2% to $US84.42 a barrel US oil -3.1% to $US74.03 a barrel Iron ore flat at $US69.24 a tonne LME aluminium -1.7% to $US2169.50 a tonne LME copper +0.4% to $US6290 a tonne 2-year yield: US 2.87% Australia 1.99% 5-year yield: US 3.04% Australia 2.22% 10-year yield: US 3.18% Australia 2.71% Germany 0.53% US-Australia 10-year yield gap as of 6.38am AEST: 47 basis points This column was produced in commercial partnership between Fairfax Media and IG


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

War Countries - SERIES 204 {12 articles}

World War 3: Syria accuses Israel of ‘SUPPORTING TERRORISTS’ in south as tensions escalate 9/30/2018, 2:17:55 AM SYRIA holds Israel responsible for supporting terrorist groups in the country’s southern regions through “military intervention” and for launching a series of attacks in the Middle Eastern nation, Syrian Foreign Minister Walid Muallem has claimed. ✔ Almost two weeks ago the leaders of Russia and Turkey agreed to establish a demilitarised zone in the Syrian province of Idlib, the last major enclave held by rebels opposed to Syrian President Bashar al-Assad ✔ We reserve the right to take commensurate measures in response World War 3: North Korea 'WILL NOT' denuclearise as Kim Jong-un DOES NOT trust Trump 9/30/2018, 1:59:00 AM NORTH Korea’s Foreign Minister said there is “no way” Kim Jong-un will denuclearise while the US continues to brutalise the reclusive nation with crippling sanctions. ✔ Kim Jong-un’s state has repeatedly appealed for UN and US sanct...
Post a Comment
Read more

Trade War - SERIES 289 {19 articles}

Fears of Trump's tariffs are exaggerated 10/25/2018, 5:04:12 AM With globalization ingrained, the world economy can cope with the 'trade war' ✔ Most of the predicted disruption results from restrictions on automobile trade, still just a threat ✔ The scenarios also assume a quite limited capacity to offset the shocks with policy measures ✔ Stephen Grenville is a non-resident fellow at the Lowy Institute in Sydney ✔ He was deputy governor at the Reserve Bank of Australia Business Live: Thursday 25 October 10/25/2018, 5:19:18 AM All the latest news from the business world plus market updates. ✔ The sharp sell-off - which pushed the Dow and the S&P 500 into negative territory for the year - follows growing worries about corporate earnings and slowing economic growth ✔ Do stay with us for that and all the other latest news from the world of business and economics US midterms: Trump looks to tariffs and tax cuts to win in the rust belt 10/25/2018, 4:15:40 AM...
Post a Comment
Read more

Trade War - SERIES 193 {15 articles}

Dow Drops 1.1% on Week as Tariffs, Fed Take Their Toll 9/29/2018, 12:58:03 AM Stocks were dinged by a rate hike as price increases stayed mild. Could it be a trade war that triggers an inflation shock? ✔ Stocks were dinged by trade and the Federal Reserve this past week ✔ Consider: The Dow Jones Industrial Average dropped 285.19 points, or 1.1%, to 26,458.31 on the week, while the S&P 500 fell 0.5% to 2913.98 ✔ Monetary policy could get tighter if the Fed keeps raising rates and inflation stays where it is Foreign money returns to Tokyo with new faith in Japan Inc. 9/28/2018, 9:37:58 PM Stock market's 27-year high supported by higher profit margins and capital efficiency ✔ Pretax profit margins were 5.4% in fiscal 2017 compared to 2.3% in fiscal 1991, rising to 7.7% in the April-June quarter ✔ Return on equity also hit the 10% mark in fiscal 2017, gaining ground on the U.S. at 18% and Europe at 12% ✔ Try 3 months for $9 Offer ends September 30th Asia dominat...
Post a Comment
Read more

Trade War - SERIES 162 {13 articles}

Trump's trade war: Why the economy may soon feel the pain 9/21/2018, 9:36:38 PM Americans may soon pay more for everything from shampoo to bikes, while companies scale back investment ✔ The trade war is balancing on a knife edge, wrote UBS economist Robert Martin in a recent note ✔ Net foreign direct investment in the U.S. -- or total investments through acquisitions and direct stakes in real estate like production facilities and research centers -- has slid every quarter since Mr. Trump was elected in 2016, Adam Posen, president of the Peterson International Institute, noted recently in the publication Foreign Affairs ✔ But most don't support tariffs as a way to prompt better behavior from Beijing Europe carmakers SUFFER amid burgeoning trade war between Donald Trump and EU 9/21/2018, 9:07:01 PM EUROPE is beginning to suffer amid the developing trade war between Donald Trump and the EU with factory growth stagnating this month. ✔ Automakers are Europe’s worst perfo...
Post a Comment
Read more

Trade War - SERIES 312 {27 articles}

'China, US will save relations despite trade war and sea threats' 10/31/2018, 6:44:43 AM undefined ✔ Cui Tiankai, China's ambassador to the United States ✔ According to research by the Pew Research Centre, which monitors changing attitudes around the world, almost half of Americans held unfavourable views of China in 2017 ✔ On Monday, Trump repeated his assertion that China was not not ready to strike a deal to bring an end to the costly dispute ✔ This is very confusing, and this is making things very difficult US-China TRADE war: Trump slaps BAN on Chinese chipmaker over security concerns 10/31/2018, 4:03:45 AM DONALD TRUMP has banned US companies from working with a Chinese government-backed chipmaker as it threatens US national security, triggering further tensions between Beijing and Washington. ✔ is currently in a dispute with Jinhua, which is one of its main competitors ✔ The ban could bring the Chinese firm, which heavily relies on foreign technology, t...
Post a Comment
Read more