Category: Blog

Economy Update US bourse futures led equities higher as tariffs are reprieved on smartphones and semiconductors, for now. However, Trump says they are just moving to another tariff category, and nobody is getting off the hook. Confusion reigns but there is enough for bourses to keep relief rally alive. China exports increased 12.4% YoY, explained […]

There is no limit in the acrimony between China and the US. After President Trump upped punitive tariffs to 145% China also increased its import duties on US goods to 125%. Naturally, the trade war between the world’s two biggest economies causes anxiety amongst investors as the fears of recession and inflation increase. Compulsory optimism […]

Trump tariffs kick in with China burdened with punitive measures of 104%. Japan, South Korea, and Vietnam prepare for trade talks, but the US administration appears immovable, for now. Europe readies countermeasures. Talks of recession are getting louder. Central banks are contemplating further rate cuts. The Reserve Bank of India has done so today. Bonds […]

There is no let up. US Commerce Secretary says tariffs will not be postponed. President Trump over the weekend said investors/markets would have to take their medicine. Treasury yields fall as haven is sought in conservative plays. But nothing hides the walloping of the Hang Seng (-13.5%) as Sino/CN trade war seems to be about […]

The carnage continues. Dollar-denominated assets are under pressure, and bonds are sought after. Recession fears are clearly rising and in tandem with the growing anxiety of recession interest rate cuts by central banks of major economies are widely anticipated. Bank shares are hard hit. Mood could darken further if the nonfarm payroll data this afternoon […]

There is a blanket 10% tariffs introduced on US imports (apart from the already existing tariffs on Canada and Mexico). Around 60 countries will suffer from reciprocal measures ranging from 10% to 50%.(although someone should explain to the current administration , what the word reciprocal actually means https://www.bbc.com/news/articles/c93gq72n7y1o) Fears of inflation and recession have jumped […]

Wall St handed over steadily to APAC after better-than-expected US CPI, but fortunes have been mixed and investor uncertainty reigns. Economic commentators once again concentrate on tariffs. Trump frightens them by aggressive talk on taking back wealth from other countries. Canada and the EU line up retaliatory measures against the metals tariffs as Brazil considers […]

NFP TRADING SCENARIOS: Goldman Sachs NFP trading scenarios outline that if the headline prints below 50k, the SPX would fall around 2.5%; if the headline is between 50-100k, the SPX would fall around 1%; if the headline is between 100-150k, the SPX could lose around 0.75%; anything between 150-200k could see the SPX gain by […]

Markets around the globe make little headway. Trump warns on not only 25% tariff for autos but now on pharma and semiconductors by Apr 2. Japan’s exports and machine orders were a touch disappointing. New Zealand RBNZ cuts by 50bps as expected, predicts futures cuts will be in 25bps increments. China bourses still enjoying strength […]