Asia Asian markets opened the week in the green despite last week’s news of a delay in the Trump-Xi summit – now scheduled for April and perhaps even June. Chinese lawmakers, perhaps signalling their counterparty, on Friday voted to increase intellectual property rights protection. Last week, China’s industrial production fell by 2/10th to 5.3% growth…
China to overtake US next year, India by decade’s end, govt. shutdown enters 4th week, Citi misses on revenues, & Brexit vote tonite!
Brexit standby, China-US keep the faith, Shutdown costs $3.5bn, & earnings season begins.
Carney: Yuan to overtake USD, USD down on Trump walkout, and Canada maintains steady rates.
Indexes in the green. May’s Parliamentary hopes down, European confidence down, and oil up on API data.
Powell caves in, China upgrades talks, and Saudi production cuts leave markets unfazed.
Huge Forex flash-crash felt around the world, gold continues north on concerns, and Cook blames China for Apple’s woes.
Asia already reacting to falling US index futures, Irish manufacturing down but still the best in Europe, & USD down on government shutdown – ahead of US China trade talks.
DeutscheBank: 2018 = recession, Chinese manufacturing contracting, oil still up, and UK considering 2nd referendum.
Markets easing drops as Christmas sets in. China considers updating tech transfer laws, and India overtakes Germany as world’s 7th largest stock market.