Global Markets Update Monday 20 August 2018
20 Aug 2018
Stockmarkets remained nervous as the Turkish lira declined further towards the end of the week, sparking fears of broader issues in emerging markets.
Global Markets Update Monday 14 August 2018
14 Aug 2018
Global stockmarkets weakened as the week progressed amid a deepening financial crisis in Turkey. Rising risk aversion hit banks in particular. In contrast, core government bond yields fell.
Global Markets Update Monday 6 August 2018
06 Aug 2018
Investors remained jittery after trade tensions escalated. China said it will impose new tariffs on $60 billion of US imports, including aircraft and liquefied natural gas, in response to Donald Trump’s threat to raise the rate of threatened tariffs on $200 billion worth of Chinese exports to 25%, up from an original proposal of 10%.
Global Markets Update Monday 30 July 2018
30 Jul 2018
Donald Trump and European Commission chief Jean-Claude Juncker announced a "new phase" in EU-US relations. In a joint statement, they agreed to "work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods”.
Global Markets Update Monday 23 July 2018
23 Jul 2018
Japan and the EU signed the world’s largest bilateral trade pact. The deal creates a trade zone covering about a third of global GDP. The agreement must be approved by the European and Japanese parliaments before it can pass into law. Meanwhile the IMF warned that tariffs could reduce global growth by 0.5% by 2020.
Global Markets Update Monday 16 July 2018
16 Jul 2018
The US-China trade war continued to intensify as President Trump ordered preparations for tariffs on a further $200 billion of Chinese imports. Some US multinational companies warned the consequences could outweigh the benefits of last year’s tax cuts.
Global Markets Update - 09-07-18
09 Jul 2018
The global trade war escalated when the US imposed a 25% tariff on $34 billion of imports ranging from water boilers and lathes to industrial robots and electric cars.
In response, China is reaching out to the EU to form a united front against US president Donald Trump’s trade policies.
Global Markets Update Monday 2 July 2018
02 Jul 2018
Global M&A activity reached $2.5tn in the first half of 2018, an all-time high for the start to a year and up 65% compared to the same period the previous year amid surging deals in the US media and telecoms sectors.
Global Markets Update Monday 25 June 2018
25 Jun 2018
Donald Trump threatened another $200bn in tariffs on imports from China and targeted European car makers too.
Global Markets Update Monday 18 June 2018
18 Jun 2018
President Donald Trump and Kim Kong Un met in Singapore. The US agreed to suspend military exercises with South Korea and to lift sanctions against North Korea provided North Korea progresses with nuclear disarmament.