TAG China

Trump the symptom not the cause of the trade war

Escalating trade tensions between the United States and China would have manifested with or without Donald Trump, experts said at the Singapore Summit on Saturday. While the U.S. president’s “crazy” ways have worsened it, he’s only a symptom of world developments that have hastened the tensions, and not the cause, pointed out Dani Rodrik, a…

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Markets flat on China tariff expectations

Investors await new Chinese tariffs It’s been a mixed start to the week in financial markets as investors await a possible announcement of new tariffs on China which could come as early as today. The ongoing conflict between the US and China continues to be a primary driver of market sentiment, with investors concerned about…

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OANDA Market Insights podcast (episode 31)

OANDA Senior Market Analysts Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: Turkey rates rocket, Sterling up on Brexit hopes, Carney house price warning, Beijing welcomes trade talks offer. Trade Tensions Return as US Tariffs on China Lift Dollar Posted 2 minutes…

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Prospect of Sino-US talks lifts markets

China open to US invitation for trade talks It’s been a more positive start to trading on Friday, with talks of new Sino-US trade talks potentially helping to lift risk appetite among investors. Stocks in Asia ended the week on a high, with major indices recording gains of around 1% and those in Europe up…

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US interested in new trade talks with China

The U.S. seeking to restart trade talks with China. Sources familiar with the U.S.- China negotiations told CNBC that the United States is in the early stages of proposing a new round of trade talks with China in the near future. Senior U.S. officials led by Treasury Secretary Steven Mnuchin sent an invitation to Chinese officials, proposing…

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China to seek closer Russia ties as US eyes more tariffs

U.S. tariffs on Chinese goods are going to lead to a “substantial improvement” between China and its neighbor Russia, the former People’s Bank of China (PBOC) Governor Zhou Xiaochuan told CNBC Tuesday. “From the economy’s (point of view) and the financial sector’s (perspective), we would like to have a normal relationship with the U.S.,” he told CNBC’s…

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China to ask WTO permission to impose sanctions on US

China will seek permission from the World Trade Organization (WTO) to impose sanctions on the U.S. next week, according to the WTO’s meeting agenda. The request comes at a time of escalating trade tensions between the world’s two largest economies, with President Donald Trump saying last week he was “ready to go” on tariffs for another $267 billion on Chinese…

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Euro rebounds as markets find relative calm

After the Monday Mayhem from the Turkey contagion, a sense of calm descended on FX markets during today’s Asian session. USD/TRY headed lower from its record high yesterday as the markets digested the impact and effectiveness of the central bank’s measures announced yesterday. Selling of emerging currencies eases The move in USD/TRY prompted other emerging…

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OANDA Market Beat Risk Aversion Boosts Dollar

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t miss a beat as we cover the hottest trends impacting the markets in the week…

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