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

Trade War - SERIES 293 {17 articles}

Australia boosts LNG output to feed China's growing appetite 10/25/2018, 8:07:27 PM Beijing's energy shift and US trade war provide an opening ✔ We recognized more than three years ago that the period of oversupply would not last and set about lining up projects to progress when the market rebalanced, Coleman said in June ✔ Santos was also founded in 1954 as an oil exploration company and entered the LNG business in 2006 China may wait it out rather than deal with Trump 10/26/2018, 1:55:31 AM Trump better start thinking about an exit strategy from a trade war that is showing no signs of easing, writes David Andelman ✔ MUST WATCH The real cost of Trump's tariffs 09:02 David A ✔ Author of A Shattered Peace: Versailles 1919 and the Price We Pay Today, he was formerly a foreign correspondent for The New York Times and CBS News in Asia and Europe ✔ And indeed, there has been a degree of impact in China, even beyond its stock markets Google corporate ...
Post a Comment
Read more

War Countries - SERIES 384 {26 articles}

America's Syria Proxies Withdraw From the Fight Against ISIS 11/9/2018, 11:43:45 AM undefined ✔ The halt of the SDF operation there will likely contribute further to ISIS expansion in the direction of the Iraqi border ✔ Surprise!  The Kurds think they need to go fight the Turks rather than serve the US desire to keep one of the two land routes from Syria to Iran closed Afghanistan peace conference kicks off in Moscow 11/9/2018, 10:18:10 AM The conference marks Russia's attempt to get the Afghan authorities and the Taliban together at negotiating table. ✔ Russia's first attempt to hold the conference in September fell through after the Afghan authorities refused to attend ✔ The latest phase of Afghanistan's decades-old war began in 2001, when the US-led troops overthrew the Taliban government in the wake of the September 11 attacks on the United States Soldier who rescued dog from Syria sends This Morning fans wild 11/9/2018, 11:52:12 AM TV viewers coul...
Post a Comment
Read more

Trade War - SERIES 298 {14 articles}

Southeast Asia benefits from FDI surge in first half 10/27/2018, 7:08:15 AM Investments up 18%, with US-China trade war seen accelerating trend ✔ In Vietnam, the manufacturing sector is also enjoying a surge in FDI ✔ Maybank Kim Eng Research said in a recent report that FDI in the manufacturing sector soared 18% in the first nine months of this year, driven by two projects led by South Korean companies ✔ Nikkei staff writer Masayuki Yuda in Bangkok contributed to this story Japan's jumbo delegation racks up China deals, with eye on Trump 10/26/2018, 8:14:22 PM Sino-US trade war casts shadow over economic forum in Beijing ✔ Japan's 500-plus delegation attends the China-Japan Third Party Market Cooperation Forum at the Great Hall of the People in Beijing on Oct. 26 ✔ Panasonic aims to deepen ties with the Chinese market while minimizing the impact of the trade war ✔ This helped pave the way for BMW to raise its stake in a Chinese joint venture and Exxon Mobil to build...
Post a Comment
Read more

Trade War - SERIES 308 {22 articles}

Asian shares bounce in choppy trade, trade war worries remain 10/30/2018, 8:20:26 AM Asian shares clawed back earlier losses on Tuesday as China made a fresh attempt... ✔ The CBOE Global Markets volatility index, known as Wall Street’s fear gauge, jumped to as much as 27.86 points, its highest since Oct. 11 and the second highest since the volatility shock of early February ✔ Our Standards:The Thomson Reuters Trust Principles Trade war worries boost dollar towards recent highs; euro struggles 10/30/2018, 9:14:04 AM The dollar rose towards 2 1/2-month highs on Tuesday, supported by worries about... ✔ The euro has also been weighed down by a standoff between Brussels and Rome over Italy’s budget, which would breach the European Union’s fiscal rules ✔ The Japanese yen extended its losses against the dollar after losing ground overnight, partly as Japanese investors have been net buyers of offshore equities in the current month ✔ Our Standards:The Thomson Reuters Trust Principl...
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