Us-China trade war could threaten the bull market

  • Us-China trade war could threaten the bull market
    FarmIreland.t. E.
    Escalation of a trade war Donald trump with China and the EU has all chances to end the nearly decade-long bull run in the equity markets, investors have been warned today, as HSBC became the latest global company to recognize that concerns about tariffs.
    https://www.independent.ie/business/farming/news/world-news/uschina-trade-war-could-threaten-bull-market-37192053.html
    https://www.independent.ie/business/farming/article35755827.ece/430e8/AUTOCROP/h342/2017-04-04_bus_29857758_I1.JPG

  • Email

Escalation of a trade war Donald trump with China and the EU has all chances to end the nearly decade-long bull run in the equity markets, investors have been warned today, as HSBC became the latest global company to recognize that concerns about tariffs.

The asset management arm of Swiss investment Bank UBS reported that the conflict between the East and the West reached a “critical point” and called the actions of their clients.

The trade tensions are likely to worsen, said UBS, as warned investors to move their money from “circular actions”. He told clients to hedge currency reserves to protect against possible sharp fluctuations, caused by further rates.

“In the deteriorating global trade conflict Bank UBS has lowered its position in global stock markets,” he said. Management investment Bank wealth arm oversees $2.4 trillion (£1.85 billion) of assets.

The strong warning came as HSBC said the increase in tariffs could provoke the slowdown in China and damage its business.

Chief Executive John flint declared a “full-blown trade war” would “certainly” impact the lender. It was a reallocation of resources in China over the past few years and now produces almost 90pc of its profits from the continent. HSBC’s results disappointed the city on Monday, adjusted pre-tax profit – what to cut out one-off costs down 2pc to 12.1 billion.

This was due 8pcs operating expenses growth to 16.4 billion dollars.

At the same time, Beijing warned that it was willing to endure this night “prolonged” trade war after lining up $60 billion in new tariffs on American goods over the last few days. An editorial in the Chinese newspaper of the Communist party, seen as the mouthpiece of the government, said that the US “lost their opinion about the trade.”

See Also


Hurry up neighbors to help the farmer to fight a raging fire cause spontaneous fire

In drought conditions and in the current heat put farms and forests are at serious risk of devastating fires, farmers and farmers warn after he took the County’s three major infernos over the past week.

President trump told his supporters on Saturday trade tensions “my business”.

The impact of tariffs on date, everywhere. Fresh data from the German producers suggested that trade tensions drove the slowdown in the sector.

American farmers suffered falls in the price of their soybeans and pork as a result of retaliatory actions of China. The proposal of Mr. trump’s bail-out of $ 12 billion, the Fund was greeted by the agricultural lobby’s calls for tariffs to be removed.

Brewers in Canada said that they can not source enough aluminum to package their beer, potentially forcing them out of business.

Geoffrey Yu of UBS asset management, said that Beijing was avoided direct attacks on Mr. trump to ensure that channels of communication remain open.

However, the absence of government intervention in the dispute on figures such as Vice President, Wang Qishan was interpreted by experienced observers as a sign that little progress behind closed doors.

Online Business Classes