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Market Talk – November 4, 2020

ASIA: Chinese President Xi Jinping tried to re-assure international businesses that the nation is committed to open trade, amid concerns that the new ‘dual circulation’ strategy will mean the world’s second-largest economy is set to become more insular. Xi speech was closely watched, given the backdrop of the U.S. election result and the shock withdrawal […]

Market Talk – November 3, 2020

ASIA: Ant Group’s highly anticipated IPO has been suspended following a meeting between the company’s billionaire co-founder Jack Ma and regulators in China, an abrupt move that threatens what was due to be the largest share sale in history. The Shanghai Stock Exchange said in a statement on Tuesday that it had postponed the company’s […]

Market Talk – November 2, 2020

ASIA: Australia’s former ambassador to China, Geoff Raby, has warned Australia is likely to keep suffering economic harm from “repeated rounds of Chinese economic coercion,” and needs to find a way to reset the relationship. He said Seafood exporters are the latest industry group to report disruptions in accessing the Chinese market, and thus Australia […]

Market Talk – October 30, 2020

ASIA: China’s gasoline demand could hit a peak around 2027, according to a new report from Goldman Sachs. Demand could fall by around 6 percent from that peak by 2030. However, Goldman Sachs does not see crude oil demand hitting a peak this decade, “due to sustained non-OECD economic growth.” In the next five years, […]

Market Talk – October 27, 2020

ASIA: China appears to have comprehensively lost the international battle for hearts and minds over its handling of coronavirus with most people believing it was responsible for the start of the outbreak and was not transparent about the problem at the outset. The findings come from the YouGov-Cambridge Globalism Project, a survey of 26,000 people […]

Market Talk – October 22, 2020

ASIA: The United States government has labeled six more Chinese media companies operating in the US as foreign missions in the latest round of tit-for-tat between Beijing and Washington over restrictions on journalists. US Secretary of State Mike Pompeo announced the decision at a press briefing on Wednesday, saying that the six media companies were […]

Market Talk – October 21, 2020

  ASIA: China never intended to challenge or replace anyone, Chinese Foreign Ministry said on Wednesday, stressing what it cares most about is to improve the well-being of its own people. Zhao Lijian, spokesperson for Chinese Foreign Ministry, made the remarks when responding to a new initiative revealed by the US Defense Secretary Mark Esper […]

Market Talk – October 15, 2020

ASIA: China’s consumer inflation slowed in September, driven by a moderation in food price gains. The consumer price index rose 1.7% last month from a year earlier, following a 2.4% gain in August, the National Bureau of Statistics said Thursday. The median forecast was for a 1.9% increase. The producer price index registered a 2.1% […]

Market Talk – October 9, 2020

ASIA: The recovery in China’s service sector activity extended into a fifth straight month in September, an industry survey showed on Friday, with hiring increasing for the second month in a row. The Caixin/Markit services Purchasing Managers’ Index (PMI) rose to 54.8 from August’s 54.0, the highest reading since June and staying well above the […]

The 2020 Election – Buckel Up for the Most Corrupt & Violent Election in History

Already, the FBI has recovered ballots for Trump that were discarded in Pennsylvania. They can even attribute some to specific people voting. The Republicans are already appealing Pennsylvania which is demonstrating how the Democrats are planning to try to win the election by fraud. Besides already being caught throwing away mail-in ballots for Trump, Pennsylvania […]