Tag Archive: APAC Market Corner

The sky hasn’t fallen just yet

Trade War Escalates, but the sky hasn’t fallen just yet as optimism crept back into the market on reports of fresh bilateral trade negotiations between China and the US coupled with a slightly firmer RMB scrim. “Where there is a…
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A tenuous and unstable state of affairs

A tenuous and unstable state of affairs The prospects of another round of US tariffs directed at China have resurrected fears that the trade skirmish between Washington and Beijing could escalate with some investors now fearing a full-blown global trade…
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When the going gets tough, the tough get going

When the going gets tough, the tough get going U.S. stocks are trading off their intraday highs late in the NY session weighed down by financials profit-taking ahead of the deluge of bank earnings reports on Friday, robust US economic…
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All is quiet on the western trade war front

All is quiet on the western trade war front For a change,  all is quiet on the western trade war front as the drop in aggressive US tariff posturing and the nonfarm payroll after effects have propelled US equity market…
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Trade war -will cooler heads prevail ?( OANDA Trading Podcast with BFM Radio KL )

Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore On July 6, the US imposed a 25% import tariff on US$34 billion worth of Chinese goods. China has since retaliated, and accused the US of igniting ‘the largest trade war…
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For the USD , it’s all about this week’s CPI.

For the USD, it’s all about this week’s CPI. Markets dismissed the opening salvo of the  US -Sino trade war as dated news. However, after another Goldilocks NFP,  US stock markets traded positively in the green while the US dollar…
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The trade war is finally upon us

The trade war is finally upon us Traders returned from the 4th of July holiday with few if any convictions ahead of President Trump’s first tariffs that are scheduled to hit $34 billion of Chinese imports later today and Beijing…
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Big Trouble in Big China ?

Big Trouble in Big China? A very typical July 4th with a whole lot of nothing going on due to the US holiday and prices virtually stopped dead in their track once NY took over the trading books from London….
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The Yuan airbrake

The Yuan airbrake Thankfully for regional risk, the PBoC engaged the Yuan airbrake yesterday afternoon and at least for the time being, with the help of Chinese state-owned banks who were seen selling dollars to prop up the Chinese currency,…
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