You are viewing:-
you're reading...
1.Market Observations, 2.Economic forecasts, 8.Was Sticky

7 July 2018 (AFR) – Trade wars: are investors worried enough?

(7 July 2018, AFR, p29, by Patrick Commins)

Impact of large scale tariff increases (by country)

Impact of large scale tariff increases (by country)

‘Anybody claiming President Donald Trump was all talk on trade would have been forced to doff their rose-tinted glasses the moment Trump’s tariffs on $US34 billion of Chinese imports came into effect on Friday afternoon. Markets have been pricing in the ramping risks. Copper – the global bellwether commodity for industrial activity – has dropped 12 per cent over the past month. The Aussie is off around 2.5 per cent in recent weeks and is trading around 12-month lows as the US dollar pushes higher. The renminbi over June had its worst month on record against the greenback, dropping 4 per cent including the first couple of days in July. China’s equity market has plunged into bear market territory.’

Read more at (might need AFR login access, or try: /trial)


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: