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Stocks Blog: Markets feeling weight of US-China trade war, interest rate uncertainty

Good day, traders — US and Chinese trade negotiators made their first phone call since the high-stakes meeting between presidents Donald Trump and Xi Jinping last month in Japan, Bloomberg reports. That discussion was “constructive,” White House economic adviser Larry Kudlow said. The trade war continues to weigh on markets. Traders are also waiting for signals from Federal Reserve chairman Jerome Powell this week about the likelihood of rate cuts. And concerns linger on the mainland about… Source link

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Stocks Blog: China, Hong Kong markets feeling trade fatigue

Good morning traders — Well, the weather in Hong Kong is gloomy, and that seems to fit with the sentiment of many investors. Analysts say they expect the buying and quick selling pattern seen of late will continue, as investors worry about leaving money sitting in equities amid all the recent trade and tech storms. Also, the nationalist Global Times, in an editorial today, had this warning for the US on rare earths. “China has great advantages in output and variety. Once China’s rare earth… Source link

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EU investment rules leave over 80 per cent of Chinese firms feeling discriminated against, survey says

More than 80 per cent of Chinese firms believe they are discriminated against when investing in European Union countries as China’s overseas acquisition are increasingly scrutinised, according to a survey compiled by a Chinese trade body.The European Union is the largest recipient of Chinese investment, but new rules on the screening of foreign investment introduced at the start of April target areas that have had the most Chinese investment, including manufacturing, lease and commercial… Source link

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Volkswagen and Ford’s marriage leaves investors feeling jilted

The much-anticipated alliance announcement by Volkswagen AG and Ford Motor Co. left investors feeling let down as it lacked a big-bucks plan to join forces on electric vehicles and self-driving cars. Wall Street was hoping for a blockbuster deal, such as the billions of dollars General Motors Co. landed for its self-driving unit from Honda and SoftBank Vision Fund last year. There also was some belief Ford would tap into VW’s massive electric-vehicle development programme, so the companies could jointly take on Tesla Inc.’s dominance of that segment. Instead, VW…

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