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Market Talk – October 10, 2019

ASIA: Today top officials from China will be meeting their US counterparts to kick off the well anticipated trade negotiations. Tomorrow President Trump with meet with Chinese Vice Premier Liu He at the end of the talks. US President Trump tweeted, “Big day of negotiations with China. They want to make a deal, but do I?” […]

Market Talk – October 9, 2019

ASIA: A Chinese official has told Bloomberg that China is not expecting an agreement with the US this week although talks are due to start tomorrow. However, there is an idea floating around for a partial deal, which would see some of the tariffs lifted, but they stressed that this would not be possible if […]

Market Talk – October 8, 2019

ASIA: The US administration has sanctioned three of the world’s largest facial recognition startups, prohibiting them from purchasing US products or maintaining relationships with American entities. The US is accusing China of unfair treatment of the Uighurs, which China is setting up a database using facial recognition software to keep tabs on its citizens in […]

Market Talk – October 7, 2019

ASIA: Hong Kong protests have entered in to the 18th weekend, in which there has been no slowing down to the protests and violence has been escalating. This weekend has seen protestors using petrol bombs against the police following the controversial face mask ban. The Chinese military based in Hong Kong issued a warning to […]

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Market Talk – October 4, 2019

ASIA: Russian President Vladimir Putin said yesterday that Russia will be aiding China to build a warning system to identify intercontinental ballistic missile launches. At this current moment, only Russia and the US have this installed. US President Donald Trump called on China to investigate on Joe Biden, perhaps again inviting foreign interference in a […]

Market Talk – October 2, 2019

ASIA: Fresh protests have broken out in Hong Kong as anger mounts over police shooting a teenage protester and later defending it as “lawful and reasonable.” Meanwhile, China has criticized the US, UK, and the EU for siding with the “mob” and underplaying the violence of the protestors against the police. The Philippine foreign secretary […]

Market Talk – October 1, 2019

ASIA: China today held a military event showing off their military might. This event marked the 70th year anniversary of Communist rule in China. They showed off their new intercontinental ballistic missile, which has a reach of 12 to 15 km. The worrying thing for most of the world is the speed at which it could […]

Market Talk – September 30, 2019

  ASIA: Chinese economic data from last Friday showed that industrial company profits dropped 2% in August from a year ago. It reversed a 2.6% gain in the previous month, indicating growing pressure on the corporate sector as the economy slows further. President Xi of China paid his respects to the founder of the Communist […]

Market Talk – September 26, 2019

ASIA: The People’s Bank of China auctioned 10 billion yuan dated six months out in order to secure the yuan exchange rate in Hong Kong today. Also today, the Chinese Ministry of Finance reopened a 4.5 billion yuan sovereign bond issue in Hong Kong. Meanwhile, the Chinese commerce said today that they have started discussing […]