Investors Might Be Underestimating Fed Rate Hikes, Don’t Panic.. Yet

Ever since September 2017 when the US Ten Year note was yielding a year over year low of 2.06%, it has traveled on an epic mean reversion, notching up near 2.55% less than four months later. Don’t worry, however. Capital Economics analyst Oliver Jones thinks that, while the trend might have a little further to run,… Please follow and like us:

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Germany to add China’s yuan to currency reserves

Germany’s central bank has said it will include China’s yuan in its reserves, giving another boost to Beijing’s drive to internationalise the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is also known, to take account of its… Please follow and like us:

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China’s US surplus jumps as trade with world picks up

China’s trade surplus with the United States expanded last year, raising the possibility of fresh blowback from President Donald Trump who has often bashed Beijing over the issue and fanned fears of a trade war. The increase came despite a tumble in China’s global surplus as domestic demand spurred a rally in imports. The figures on… Please follow and like us:

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Rebooting Canada’s failed NAFTA strategy

By Danny Lam, Research Associate Environment & Security, University of Waterloo. Canada’s NAFTA strategy is in big trouble. Prime Minister Justin Trudeau is seen here meeting with U.S. President Donald Trump in the Oval Office of the White House in February 2017. (THE CANADIAN PRESS/Sean Kilpatrick) Canada’s NAFTA strategy is in trouble, to the extent that… Please follow and like us:

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Japan signals openness to Belt and Road

Japanese Prime Minister Shinzo Abe has said his government will “properly respond to” individual cooperation programs related to the China-proposed Belt and Road Initiative. Abe made the remarks on Wednesday when meeting with Toshihiro Nikai, secretary-general of the ruling Liberal Democratic Party, and Yoshihisa Inoue of junior coalition partner Komeito to talk through Japan’s strategy on… Please follow and like us:

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China denies report it could halt US bond purchases

China denied on Thursday a report that it may slow or cease its purchases of US Treasury bonds, calling it a possible case of “fake news” after the dollar tumbled following the story. Bloomberg News reported Wednesday that officials reviewing China’s foreign-exchange holdings had recommended slowing or halting purchases of US Treasuries, citing people familiar with… Please follow and like us:

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Another Sign Of Cryptocurrency Regulations?

The noose of regulation seems to be closing around the Medusa’s head-like neck of cryptocurrencies. After months of monitoring by various agencies, the financial services panel of the Senate will meet top market regulators early in February to discuss bitcoin and other cryptocurrencies, as well as the possible risks their trading poses, Reuters reported Wednesday. Citing… Please follow and like us:

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In A “Synchronized” Global Economy, China’s Numbers Are Worrisome

In a January 10 research piece, Capital Economics points to key dots that are not often connected, which is nothing new for the independent research provider. In a global economy, historically geographic regions have exhibited a degree of noncorrelation. For hundreds of years, the economic ripples occurring in China were gently felt in the US. But… Please follow and like us:

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Apple iCloud Users Swept up in Chinese Migration

Apple iCloud users in the United States appear to have been unwittingly caught up in the company’s plan to hand control of local users’ data to a state-owned Chinese company. Apple announced on Wednesday, December 10, that local user accounts for its iCloud services in mainland China would be handled by internet services firm Guizhou-Cloud Big… Please follow and like us:

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Tighten Monitoring Of Chinese Investments, Experts Tell HASC

WASHINGTON: As China forges ahead trying to grab the head of the technology table by throwing money, policy and people at quantum computing and Autonomous Intelligence, the US should carefully watch what companies China invests in or tries to buy. Those were the conclusions of three of the top China and technology experts in Washington who… Please follow and like us:

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Most Asia markets down after New Year rally but Hong Kong runs on

The rally across Asia that welcomed in 2018 looked to have run out of steam on Wednesday with most markets slipping into the red on profit-taking but energy shares climbed with another surge in oil prices. Strong economic fundamentals and corporate earnings as well as optimism about the impact of Donald Trump’s massive US tax cuts… Please follow and like us:

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Bitcoin Exchanges Struggle To Work With Wary Banks

Cryptocurrency exchanges around the world are under an unprecedented amount of pressure. Meanwhile, Quartz reported Indian banks are delaying routine processes for local exchange platforms such as Koinex for several weeks. “A tussle between our payment service partner and their bank has caused an indefinite delay in the settlement of a large portion of deposits to… Please follow and like us:

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China seeks French role in Belt, Road

President welcomes Macron on his first visit as head of state China would like to make joint efforts with France to enhance cooperation under the Belt and Road framework using the principle of mutual benefit, President Xi Jinping said on Monday. Xi made the remark while meeting with French President Emmanuel Macron at Diaoyutai State Guesthouse… Please follow and like us:

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AT&T drops plans to carry Huawei smartphones after concerns raised over Chinese spying

Chinese smartphone maker Huawei had been looking for a way to crack into the U.S. market, and it thought it had finally found a partner in Dallas-based carrier AT&T. But plans of a business deal evaporated this week after concerns about security and ties to the Chinese government, according to reports by The Wall Street Journal… Please follow and like us:

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Meat is not the ‘new tobacco,’ and shouldn’t be taxed

By Sylvain Charlebois, Professor in Food Distribution and Policy, Dalhousie University. Is meat the new tobacco? Some are suggesting it is, and urging a “sin tax” on beef, pork and other meats. (Shutterstock) The idea of having to pay a sin tax for environmentally detrimental foods is gaining more support. For some, eating meat is a… Please follow and like us:

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