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Market Talk – June 27, 2019

ASIA / AUSTRALIA: Tomorrow,  the G20 meeting will commence in Osaka, Japan. Chinese President Xi Jinping has met Japanese Prime Minister Shinzo Abe prior to the meeting in order to try and build a relationship going forward. Meanwhile, the U.S. and China have reportedly agreed to delay any tariffs until the two sides meet at […]

Market Talk – June 24, 2019

ASIA / AUSTRALIA: The Chinese foreign minister has stated that they will “not allow” the G20 to discuss matters regarding Hong Kong. Recently, Hong Kong overruled a previous ruling that allowed Chinese extradition. Over the weekend, Chinese Vice Commerce Minister Wang Shouwen requested that the U.S. stop their inappropriate tariffs and actions against Chinese companies. […]

Market Talk – June 21, 2019

ASIA / AUSTRALIA: The US has added five more Chinese companies to a US blacklist that restricts US companies from dealing with the companies on the list. Of those included on the list is a Chinese government-owned supercomputing company, with military applications and dealing with national security. The companies “pose a significant risk of being […]

Market Talk – June 17, 2019

ASIA / AUSTRALIA: Hong Kong repealed their decision to allow extradition to China after thousands went to the streets in protest of the original decision. Prominent activist Joshua Wong has called for the city leader Carrie Lam to step down. Chinese technology giant Huawei has admitted that there has been as much as a 40% […]

Market Talk – June 12, 2019

ASIA / AUSTRALIA: News emanating out of China states big tech firms are planning to move production out of China. This comes around after Huawei just failed to launch their new laptop. This was a first time a Huawei product failed to launch since the trade war began. An Apple partner, Foxconn Technology Group, said […]

Market Talk – June 11, 2019

ASIA / AUSTRALIA: In Hong Kong over a million people attended a demo today to protest the recent ruling which will allow extradition to China; with those questioning the future of democracy in the region. The trade war is still escalating between the U.S. and China, with China stating they will “fight to the end.” […]

Market Talk – June 10, 2019

ASIA / AUSTRALIA: President Trump has told CNBC (US) that he believes China will make a deal with the U.S. because they “will have to.” He also reiterated that putting the tariffs on countries like Mexico and China will put the U.S. at a tremendous competitive advantage. Earlier in the day, President Trump tweeted that […]

Market Talk – June 7, 2019

ASIA / AUSTRALIA: Chinese technology giant Huawei signed a deal with Russia’s largest telecoms operator MTS to develop 5G technologies and launch a fifth-generation network in Russia within the next year. This is another example of the close Chinese-Russian relationship. Swiss bank UBS and Japan’s Sumitomo Mitsui Trust (who has 2.6 trillion under management) have […]

Market Talk – June 3, 2019

ASIA / AUSTRALIA: There has been hardly any progress regarding the U.S.-Chinese trade deal. On Sunday, Chinese officials and trade negotiators warned the U.S. of using pressure to force a trade deal on China. “If the U.S. side wants to use extreme pressure, to escalate the trade friction, to force China to submit and make […]

Market Talk – May 29, 2019

ASIA / AUSTRALIA: There seems to be no end to the US-China trade deal in sight. China is signaling that it could increase tariffs on rare earth materials, which are essential for components in the tech industry. The governments of the United States and Japan have agreed to further cooperation in space, which could include […]