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US and China agree to bring down reciprocal tariffs by 115ppts for 90 days, sparking immediate risk on price action; DXY, ES, Crude bid; XAU & Fixed hit.US President Trump said he will sign an executive order on Monday at 09:00EDT with prescription drug and pharmaceutical prices to be reduced almost immediately by 30%-80% and the US is to pay the same price as the nation that pays the lowest price anywhere in the world."Ukraine and European leaders said they agreed to an unconditional 30-day ceasefire on sea, land and air starting on May 12th and peace negotiations will start in that period if there is a ceasefire, while they said if Russia fails to comply, they will respond with massive sanctions and increased military aid.Stocks surge on US-Sino joint announcement, but pharmaceuticals hit by Trump.DXY and CNY surge on US-China trade; haven assets such as Bonds/JPY are in the red.Industrial commodities boosted by US-China updates; Spot gold slumps amid haven outflowLooking ahead, US Federal Budget, Speakers including BoE's Greene, Mann, Taylor & Fed's Kugler.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
China's Ministry of Commerce confirmed US-China trade talks with Vice Premier He Lifeng to visit Switzerland from May 9th-12th and will visit France from May 12th-16th for economic and financial dialogue.PBoC Governor Pan announced to cut RRR by 50bps effective May 15th and to cut the policy interest rate by 10bps effective on May 8th with the 7-day reverse repo rate lowered to 1.40% and interest rates on Standing Lending Facility across all tenors lowered by 10bps. Pan stated that the policy rate cut will lead to a Loan Prime Rate cut of 10bps and the RRR cut will release about CNY 1tln in liquidity.European stocks mixed whilst US-Sino trade talks have been confirmed and as traders await the FOMC.USD stronger vs. peers as US-China meeting spurs trade hopes, JPY underperforms.Two way action for EGBs & Gilts but benchmarks ultimately firmer, aided by auctions. USTs more contained pre-FOMC.Crude firmer on China's monetary policy easing, US-China trade talks, and rising tensions between India and Pakistan.Looking ahead, Fed, NBP, CNB & BCB Policy Announcements, US Treasury Secretary Bessent, Fed Chair Powell's Presser, Supply from the US, Earnings from AppLovin, Carvana, Arm, DoorDash, AMC, Uber, Disney, Barrick Gold.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Send us a textFed will sit on the sidelines amid tariff uncertainty. BoE to cut by 25bps, but could still disappoint the doves. China trade data to reveal wounds amid US-Sino trade war.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Is a Chinese move on Taiwan inevitable (a quarantine, embargo or outright invasion this decade or next)? Or are there commonsense ways to ensure the island country's freedom—and prevent a great-power conflict between Cold War rivals? Matt Pottinger, a Hoover Institution distinguished visiting fellow and former senior staffer at the White House's National Security Council, joins Hoover Distinguished Policy fellow Bill Whalen to discuss the options he and other US-Sino experts have to offer in Hoover's newly released The Boiling Moat: Urgent Steps to Defend Taiwan. Among the recommendations: ramping up military technology and capabilities; introducing a new pro-military mindset on the other side of the Pacific Rim; plus, America (following Israel's example) understanding the benefits of a “warrior ethos.”
On the eve of the presidential debate, Al and special guest host Jill Wine-Banks discuss the upcoming contest, the impact of Dobbs on the election, and whether Biden will recapture a diverse voter coalition. Then, Al is joined by former US Deputy SOS Jim Steinberg to cover recent developments in the Gaza and Ukraine wars, explain the turmoil in Israeli politics, call out the growing danger of terrorism, and explore how to have more effective US-Sino relations. In their analysis, they look ahead to how the outcome of our presidential election will affect each of these diplomatic theaters, underscoring how vital a Biden win is for the entire world. Email your questions to James and Al at politicswarroom@gmail.com or tweet them to @politicon. Make sure to include your city– we love to hear where you're from! From The Show: Class With Carville: Debate Advice Watch James Carville Explains on YouTube Playlist James Carville & Al Hunt have launched the Politics War Room Substack Get More From Jill Wine-Banks: Twitter | Facebook | Website | Author of The Watergate Girl: My Fight For Truth & Justice Against A Criminal President | #SistersInLaw Podcast Get More From Jim Steinberg: Johns Hopkins | Albright Stonebridge Group | Author Please Support Our Sponsors: Miracle Made: For 40% off high-quality self-cooling sheets, plus an extra 20% off with 3 free towels, use promo code WARROOM when you go to TryMiracle.com/warroom
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Singapore equities were muted at the opening bell today, echoing sentiments on Nasdaq where chipmaker Nvidia registered its second straight day of losses on Friday, closing down 3.2%. In the morning, the Straits Times Index (STI) opened 0.01 per cent lower at 3,305.84 points after 32.5 million securities changed hands in the broader market. In terms of companies to watch, we have Prudential, after the Asia-focused insurer yesterday announced the launch of its US$2 billion share buyback programme, which is expected to be completed no later than mid-2026. Elsewhere from Singapore's latest inflation numbers to China luring US$2.3 billion of Middle East sovereign money in 2023 – more local and international headlines remain in focus. Also on deck, how TikTok's parent ByteDance is reportedly working with US chip designer Broadcom on developing an advanced artificial intelligence processor to help the social media firm secure supply of high-end chips amid US-Sino tensions. On Market View, The Evening Runway's finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.
James and Al lay out the hard choices facing the Biden campaign, blast corruption on the Supreme Court, and welcome Rep. Raja Krishnamoorthi to dive into geopolitics. They start by exploring US-Sino relations, covering President Xi's governing philosophy, the enslavement of the Uighurs, what a successful trade policy looks like, how to bolster our regional alliances, and the need to protect Taiwan. Then, they look at the effects of Iran's presidential succession and how to counter Russia's total war mobilization in Ukraine before pivoting to the fentanyl crisis, the death of substance in Congress, and turning immigration into a winning issue. Email your questions to James and Al at politicswarroom@gmail.com or tweet them to @politicon. Make sure to include your city– we love to hear where you're from! Mentioned On The Show: James' Polling Class Watch James Carville Explains on YouTube Playlist James Carville & Al Hunt have launched the Politics War Room Substack Get More From This Week's Guest: Get More From Rep. Raja Krisnamoorthi: Twitter | House.gov | Website Please Support Our Sponsors: Laundry Sauce: For 15% off your order, head to LaundrySauce.com/warroom and use code WARROOM Miracle Made: For 40% off high-quality self-cooling sheets, plus an extra 20% off with 3 free towels, use promo code WARROOM when you go to TryMiracle.com/warroom
US Secretary of State Anthony Blinken has met with China's President Xi Xinping in an attempt to ease US-Sino tensions. Plus, the aerospace industry says that flying taxis could soon be on the horizon in cities around the world.Mentioned in this podcast:Xi Jinping sees ‘progress' in China-US ties at meeting with Antony BlinkenWhich flying taxi will take off first?Amazon, Hilton and Starbucks to hire thousands of refugees across EuropeThe FT News Briefing was produced by Fiona Symon and Josh Gabert-Doyon. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music and Simon Panayi was the audio engineer.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
It seems that China is in the news every day. To dig in deeper on this issue, we met with Orville Schell - one of the world's foremost experts on China and US/Sino relations - to help us understand the Chinese perspective and to learn more about China's leader, Xi Jinping. We dove deep into China's radical successes, its challenges, its resilience, its leverage, its sense of grievance and victimization, its anti-Western diplomacy, and its troubling aspirations. It has become the strongest member of an autocratic block of nations positioned to resist liberal democracy throughout the world. Despite this worrying preeminence, we know surprisingly little about China's enigmatic party leader, Xi Jinping. Not only is saber-rattling bad for business, actual military conflict could blow the global economy to blazes. Schell leaves us with the understanding that now is the time to conjure "Kissinger-esque" creativity, and summon new approaches to preserve the peace with Asia's Middle Kingdom. Join us to learn more.
Is the United States in a new “cold war” with China, and if so, what steps should be taken to get the attention of the government in Beijing (a military buildup? banning TikTok in the US)? Wisconsin congressman Mike Gallagher, chair of the newly created House Select Committee on China, joins Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane for a look at US-Sino relations.
With North Korea carrying out 4 ballistic missile launches next week, which some security observers say could be a precursor for nuclear tests later this month, we discuss what this means for the region with William Pesek, columnist with Nikkei Asia, and what Kamala Harris's trip to South Korea mean for US-Sino relationship.
With North Korea carrying out 4 ballistic missile launches next week, which some security observers say could be a precursor for nuclear tests later this month, we discuss what this means for the region with William Pesek, columnist with Nikkei Asia, and what Kamala Harris's trip to South Korea mean for US-Sino relationship.
House Speaker Nancy Pelosi heads a congressional delegation to Taiwan, prompting an angry backlash from Beijing and an escalation of tensions. In an abbreviated version of GoodFellows, Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane discuss what, if any, impact the Speaker's visit will have on US–Sino strategy and relations and the global balance of power moving forward. Recorded August 3, 2022
https://youtu.be/OEcx1yQn6ic This week, I invited Joseph Solis-Mullen on the show to discuss his most recent article published at the Libertarian Institute. The article, entitled "The Fake China Threat and Its Very Real Danger" does an excellent job of demonstrating why China is no threat to the United States. The first half of the episode, Joseph and I walk the listener through the last 180 years of US-Sino relations--a background that is essential for anyone seeking insight into this topic. In the second half, we discuss the inflated China threat. Joseph Solis-Mullen is a political scientist, journalist, and author. He is a current graduate student in the economics department at the University of Missouri. His work can be found at The Mises Institute, the Libertarian Institute, Eurasian Review, Journal of the American Revolution, Antiwar.com, and the Journal of Libertarian Studies. Episode 225 of the Liberty Weekly Podcast is Brought to you by: LibertyWeekly.club Join my membership and newsletter site! Mises Pieces Merch: Grab your Liberty Weekly merch here. Use code LW10 for 10% off Dissolve NATO t-shirt The Liberty Weekly Patreon Page: help support the show and gain access to tons of bonus content! Become a patron today! Show Notes: Joseph's Website "The Fake China Threat and Its Very Real Danger" "China Won't Be Taking Over the World" "Don't Confuse the Falkland Islands for Taiwan" "A Harder Line with Beijing? Let's Hope Not" (Discussing how China is more vulnerable to sanctions than Russia) Joseph's 2021 Interview on the Scott Horton Show "Taiwan and Our 'Feigned Ambiguity'" by Patrick MacFarlane
Liberty Weekly - Libertarian, Ancap, & Voluntaryist Legal Theory from a Rothbardian Perspective
https://youtu.be/OEcx1yQn6ic This week, I invited Joseph Solis-Mullen on the show to discuss his most recent article published at the Libertarian Institute. The article, entitled "The Fake China Threat and Its Very Real Danger" does an excellent job of demonstrating why China is no threat to the United States. The first half of the episode, Joseph and I walk the listener through the last 180 years of US-Sino relations--a background that is essential for anyone seeking insight into this topic. In the second half, we discuss the inflated China threat. Joseph Solis-Mullen is a political scientist, journalist, and author. He is a current graduate student in the economics department at the University of Missouri. His work can be found at The Mises Institute, the Libertarian Institute, Eurasian Review, Journal of the American Revolution, Antiwar.com, and the Journal of Libertarian Studies. Episode 225 of the Liberty Weekly Podcast is Brought to you by: LibertyWeekly.club Join my membership and newsletter site! Mises Pieces Merch: Grab your Liberty Weekly merch here. Use code LW10 for 10% off Dissolve NATO t-shirt The Liberty Weekly Patreon Page: help support the show and gain access to tons of bonus content! Become a patron today! Show Notes: Joseph's Website "The Fake China Threat and Its Very Real Danger" "China Won't Be Taking Over the World" "Don't Confuse the Falkland Islands for Taiwan" "A Harder Line with Beijing? Let's Hope Not" (Discussing how China is more vulnerable to sanctions than Russia) Joseph's 2021 Interview on the Scott Horton Show "Taiwan and Our 'Feigned Ambiguity'" by Patrick MacFarlane
On todays episode of the WTFinance podcast I welcomed back James Fok, a veteran financial and strategic advisor to corporations and governments and author of the recently released book "Financial Cold War: A View of Sino-US Relations from the Financial Markets". Buy the book here - https://www.amazon.co.uk/Financial-Cold-War-Sino-US-Relations-ebook/dp/B09NTB7P3Z/On the podcast we talked about how Ukraine-Russia conflict has changed US-Sino relations, the challenge with sanctions, whether things could escalate between US and China and how international markets overreact to Chinese policies. I hope you enjoy!0:00 - Introduction0:29 - How has Ukraine-Russia conflict changed US-Sino relations?6:10 - Would international investment need to evolve from state-backed to private investment?8:19 - Will China need to float currency for further international investment?13:10 - How would the changes occur within China?19:15 - Were you surprised by the sanctions that were put on Russia?23:55 - What changes are needed to be made for Hong Kong to gain trust back?30:14 - Could things escalate between US and China?34:25 - Japanification of China into the future?39:00 - Overreacting to Chinese policies?42:15 - Will Covid-Zero have an impact on Chinese economy?48:04 - China invading Taiwan in the coming years?50:30 - What should listeners take away from our interview?51:40 - Misunderstandings between the West and China?James Fok is a veteran financial and strategic advisor to corporations and governments. He served as a senior executive at Hong Kong Exchanges and Clearing (HKEX) from 2012 until 2021, during a period of rapid internationalisation in China's capital markets. While there, he played a major role in a number of landmark financial markets initiatives, including the launch of the Shanghai-Hong Kong Stock Connect programme (2014), Bond Connect (2017) and the Hong Kong market's Listing Reforms (2018). Prior to HKEX, Fok worked as an investment banker in both Europe and Asia, specialising in the financial services sector.Fok has written and spoken extensively about market structure issues and the intersection between geopolitics and international finance. He serves or has served on a number of financial industry bodies, including Ireland for Finance's Industry Advisory Committee (2021-), the Executive Board of the International Securities Services Association (2018-21), and the Financial Services Advisory Committee of the Hong Kong Trade and Development Council (2014-21). He is also a member of the Advisory Board of Hex Trust (2021-).Fok holds a BA (Hons) from the School of Oriental and African Studies of the University of London. He lives in Hong Kong with his wife and two sons.James Fok -Website - https://jamesafok.com/LinkedIn - https://www.linkedin.com/in/james-fok-24082237/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas
Recorded June 1, 2022 As the Russia–Ukraine conflict approaches the 100-day mark, is any kind of resolution in sight? Condoleezza Rice, former US secretary of state and the Hoover Institution's Tad and Dianne Taube Director, joins Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane for a conversation encompassing the war in Eastern Europe, its impact on US-Sino policy, plus what the scourge of gun violence says about America's social and cultural divides.
In Episode 235 of Hidden Forces, Demetri Kofinas speaks with the fmr. CTO and co-founder of CrowdStrike Dmitri Alperovitch about the latest developments in the war between Russia and Ukraine, including the risks of escalation between Russia & NATO, implications for US-Sino relations, cyberattacks against Western countries, political warfare, and much more. Dmitri Alperovitch was on this podcast late last year for an episode titled “Why Putin Plans to Invade Ukraine,” in which he explained why he was convinced that Vladimir Putin was going to invade Ukraine in January or February of 2022. It was a controversial view at the time that proved to be absolutely correct in retrospect. Kofinas asked him back on the podcast to help explain (1) why so many people struggled to see this war coming, (2) the ramifications of Putin's actions, including his strategic and perhaps, even messianic motivations, (3) risks of escalation, (4) pathways for de-escalation, (5) the implications of this war for US-Sino relations in negotiations over Taiwan, (6) the remilitarization of Germany and the strategic security of Europe, (7) and much more. Dmitri's background in cybersecurity and forensic analysis also proved useful during a discussion about cyber warfare and the dangers of cyber escalation on the part of Russia in responding to Western economic sanctions. The primary objective of today's episode is to bring you up-to-speed on the latest developments in this geopolitical drama, with the larger, more long-term goal of helping you wrap your arms around some of the more nuanced aspects of the diplomatic crisis so that you know what to focus on, who listen to, and how to think about the types of risks that all of us face going forward. You can access the full episode, transcript, and intelligence report to this week's conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today's episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 03/04/2022
50 years ago, Richard Nixon stepped off a plane in China and the world was watching. A lot has happened since that fateful week and joining The Scuttlebutt to talk about China, it's history, economy, and US/Sino relations is China specialist, author, vlogger, and host of the podcast, China Unraveled, Jason Szeftel. Jason's mission is to help civilians understand China, how it is different, and where it is headed. With war ships continuing to steam through the Taiwan Strait and with US/Sino relations locked in a stalemate, how likely is it that conflict could erupt? Join us this week for an educational and introspective look at our near peer rival. Thank you to our sponsors: D and D Auto Salvage and Tobacco Free Adagio Health! To watch this episode, please visit our website at www.veteransbreakfastclub.org/scuttlebutt.
In this week's episode, we dove into our mailbag of viewers' letters. The end result: Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane answering questions ranging from the future of US-Sino relations, sovereign debt, vaccine stockpiling, and bitcoin to advice for young students, the fellows' favorite scholars, and movies related to their respective fields. Recorded September 28, 2021
Join Mayer Brown partners Tamer Soliman, Thomas So and Duncan Abate as moderator as they discuss the Biden administration's impact on the vitally important US-Sino relationship. The discussion will consider changes in the ongoing trade war, political and human rights issues and other bilateral concerns.
CNBC's Emily Tan discusses what to look out for in this week's FOMC meeting, US & China economic indicators as well as how the US-Sino talks in Alaska will play out. See omnystudio.com/listener for privacy information.
Michael Salla, Ph.D. | The Artemis Accords, US Space Force, & the US-Sino Arms Race in Space
Michael Salla, Ph.D. | The Artemis Accords, US Space Force, & the US-Sino Arms Race in Space
Michael Salla, Ph.D. | The Artemis Accords, US Space Force, & the US-Sino Arms Race in Space
In Episode 149 of Hidden Forces, Demetri Kofinas speaks with Orville Schell, Director of the Center on U.S.-China Relations at the Asia Society about the implications of Secretary of State Mike Pompeo's monumental speech at the Nixon Library, the history of engagement with China’s Communist Party, and what a New Cold War with China will mean for the future of peace and security. Dr. Schell’s career as a China scholar spans the entire arch of US-Sino relations since Nixon’s fateful trip to the Middle Kingdom in 1972 and the opening up of China to the world. The same year (1967) that Dr. Schell earned his master's degree in Chinese studies an astounding 70 percent of Americans agreed on one thing: the greatest threat to U.S. security was the People’s Republic of China. After fifty years of engagement where relations between the two nations would improve dramatically, Americans are now back to viewing China as an enemy. A Pew Research Center poll conducted in March 2020 shows that roughly two-thirds of Americans now say they have an unfavorable view of China, the most negative rating for the country since the Center began asking the question in 2005, and up nearly 20 percentage points since the start of the Trump administration. Positive views of China’s leader, President Xi Jinping, are also at historically low levels. In a recent speech delivered at the Nixon Presidential Library, Secretary of State Mike Pompeo declared the failure of 50 years of engagement with China and called for the free world to stand up against this “new tyranny” in what felt very much like the beginning of a new cold war. “It’s true, there are differences,” remarked Pompeo, when contrasting China to the USSR. “Unlike the Soviet Union, China is deeply integrated into the global economy. But Beijing is more dependent on us than we are on them.” “I reject the notion,” he continued, “that we’re living in an age of inevitability, that some trap is pre-ordained, that CCP supremacy is the future. . . . If we bend the knee now, our children’s children may be at the mercy of the Chinese Communist Party, whose actions are the primary challenge today in the free world. General Secretary Xi is not destined to tyrannize inside and outside of China forever unless we allow it.” In their conversation, Orville Schell and Demetri Kofinas discuss the speech, what it means for US-Sino relations, and the implications of disengagement for the US, China, and the world. You can access the episode overtime, as well as the transcript and rundown to this week’s episode through the Hidden Forces Patreon Page. All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | Spotify | Stitcher | SoundCloud | YouTube | CastBox | RSS Feed Write us a review on Apple Podcasts Subscribe to our mailing list through the Hidden Forces Website Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at http://patreon.com/hiddenforces Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Episode Recorded on 07/29/2020
While China aggressively dominates the South China Sea, six other countries have claims to parts of the region, creating major global tensions and a significant flashpoint for US-Sino relations due to the strategic importance of the region. The South China Sea is an issue that will define the US-Sino relationship for many years to come.
China ordered the U.S. Consulate in Chengdu closed Frida in retaliation to Washington telling Beijing to shutter its Houston, Texas facility. U.S. Secretary of State Mike Pompeo said it was time to change course on US-Sino relation during remarks me made Thursday. Plus the latest on a U.S. military encounter with an Iranian passenger plane and more.
After rising over 1 per cent in the week gone by, the Indian markets are likely to start this week on a weak note. The SGX Nifty is indicating a cut of around 70 points for the Nifty at open which is likely to be at around 10,270 levels. This comes amid weakness in rest of the Asian share markets this morning, Japan’s Nikkei shed 1.3 per cent and South Korean stocks were down 0.9 per cent in early deals. Overall, MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.2 per cent. In commodities, Brent crude was last trading flat at $41.02 a barrel. The Indian markets may today react to S&P's warning that the Indian economy is in deep trouble. The rater has projected the Indian economy's growth to contract by 5 per cent this fiscal, citing India's difficulties in containing the virus, an anemic policy response, and underlying vulnerabilities as the reason behind the estimate. Besides, macro data, geo-political tensions, corporate results, and trend in Covid-19 cases will be other top factors to steer the markets this week. Investors will especially monitor updates on the India-China standoff as well as the US-Sino trade talks as any escalation will negatively impact the markets Meanwhile, the worldwide coronavirus cases crossed the tally of 10 million yesterday, according to Worldometer. India reported 19,620 new cases to take the tally to 5.49 lakh while the number of deaths reached 16,487. Amid this, market participants will also watch out for any signs of the second phase of reopening although Jharkhand became the first state after West Bengal to extend the lockdown till July 31. On the results front, over 1,400 companies are scheduled to announce their quarterly earnings this week. This includes ONGC, Vodafone Idea, MRF, RITES, and SAIL, among others. On the macro front, Markit India Manufacturing PMI is scheduled for release on Wednesday while the Markit India Services PMI will be released on Friday. June auto sales data will start pouring in front Wednesday onwards. Besides, investors will also watch out for the meeting of US Fed's meeting held on June 9 and 10 which will be released on Wednesday. Sources have told Business Standard that the RBI's one-time restructuring scheme may not be a blanket relaxation for all sectors of the economy, and the litmus test for qualification could be a clear-cut linkage with Covid-19-induced stress. Firms from the aviation, hospitality, and retail sectors are expected to be allowed to avail of the new scheme, whereas realty, steel, power, and telecom players could be excluded. Moreover, after sidestepping the idea for the first half of FY21, the Centre is now considering direct monetisation of its fiscal deficit by the RBI in the second half. And, in the end, let's have a technical look at the Nifty. Analysts at CapitalVia Global Research say that Nifty might witness resistance in subzone of 10,500, as maximum call open interest is placed here after 10,500. For the weekly expiry, the Nifty is likely to take support at 10,300 as maximum put open interest stands here after 10,000. Read by Kanishka Gupta
We’re talking with Denis Simon, Executive Vice Chancellor at US-Sino joint university Duke Kunshan University. We discuss how DKU handled China's sudden lockdown in February and the school's switch to remote learning. We also chat about how DKU is preparing for the fall semester while China's borders remain closed, stopping many students and faculty from returning to campus, and what the outlook for US-Sino joint universities looks like during an uncertain time.
South Africa’s rand weakened against the dollar early on Friday as investors monitored the latest U.S. response to China tightening its control over the city of Hong Kong. At 0637 GMT, the rand traded at 17.5510 per dollar, 0.18% weaker than its previous close, retreating from a nine-week high of 17.3000 touched on Thursday on optimism over recovering global growth. Analysts at NKC African Economics said in a note that the local unit ran out of steam mid-session as US-Sino tensions outweighed positive sentiment. Traders said they expect the content of an address U.S. President Donald Trump to set the course for the local unit. --- This episode is sponsored by · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA Support this podcast: https://anchor.fm/newscast-africa/support
On Market View Wrap, co-hosts Claressa Monteiro and JP Ong are joined by SGX Market Strategist, Geoff Howie to discuss US-Sino tensions, healthcare stocks, banking stocks and regional markets.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
White House economic advisor Larry Kudlow says the US will be negotiating from strength during trade talks with China at the G20 Summit. Michael Switow asks Pepperstone's head of research Chris Weston for the market's reaction.
Paul Pickowicz, Distinguished Professor & Endowed Chair in Modern Chinese History at UC San Diego, looks ahead to the next era of US-Sino relations, given how badly China was characterized by the Trump campaign. Series: "What's Next for Washington?" [Public Affairs] [Show ID: 31739]
Paul Pickowicz, Distinguished Professor & Endowed Chair in Modern Chinese History at UC San Diego, looks ahead to the next era of US-Sino relations, given how badly China was characterized by the Trump campaign. Series: "What's Next for Washington?" [Public Affairs] [Show ID: 31739]
Paul Pickowicz, Distinguished Professor & Endowed Chair in Modern Chinese History at UC San Diego, looks ahead to the next era of US-Sino relations, given how badly China was characterized by the Trump campaign. Series: "What's Next for Washington?" [Public Affairs] [Show ID: 31739]
Paul Pickowicz, Distinguished Professor & Endowed Chair in Modern Chinese History at UC San Diego, looks ahead to the next era of US-Sino relations, given how badly China was characterized by the Trump campaign. Series: "What's Next for Washington?" [Public Affairs] [Show ID: 31739]