Investors run for cover amid trade tension

Original article by David Rogers
The Australian – Page: 19 & 28 : 20-Jun-18

The Australian dollar has fallen to a 13-month low amid renewed concerns about a US-China trade war. The local bourse eased slightly on 19 June but Asian markets fell sharply, with China’s Shanghai Composite Index and Shenzhen Composite Index shedding 3.8 per cent and 5.7 per cent respectively. A move by US President Donald Trump to look at imposing tariffs on more Chinese products prompted China to warn that it would respond in kind, and Louis Kuijis of Oxford Economics says such a move would affect economic growth in China, the US and globally.

CORPORATES
SHANGHAI COMPOSITE INDEX, SHENZHEN COMPOSITE INDEX, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, OXFORD ECONOMICS LIMITED, OANDA AUSTRALIA PTY LTD, HANG SENG INDEX, KOSPI INDEX, NIKKEI 225 INDEX, NASDAQ, RESERVE BANK OF AUSTRALIA, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Investors take cover from Kim’s missile over Japan

Original article by David Rogers
The Australian – Page: 17 & 24 : 30-Aug-17

Sharemarkets in the Asia-Pacific region retreated on 29 August, after North Korea fired a missile over Japan’s main islands. Futures pricing suggests that the S&P 500 will also fall as geopolitical tensions on the Korean peninsula increase. Meanwhile, the yield on 10-year US Treasuries reached a two-month low and the gold price peaked at a nine-month high of $US1,322.41 an ounce. Sue Trinh of RBC says financial markets’ initial response to the latest missile test was "relatively shallow" and short-lived.

CORPORATES
RBC CAPITAL MARKETS, STANDARD AND POOR’S 500 INDEX, STANDARD AND POOR’S ASX 200 INDEX, KOSPI INDEX, NIKKEI 225 INDEX, HANG SENG INDEX, SHANGHAI COMPOSITE INDEX, JAPAN. OFFICE OF THE PRIME MINISTER, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED NATIONS. SECURITY COUNCIL, UNITED STATES. DEPT OF STATE, NOMURA AUSTRALIA LIMITED, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, CREDIT SUISSE (AUSTRALIA) LIMITED, BLACKMORES LIMITED – ASX BKL, CALTEX AUSTRALIA LIMITED – ASX CTX, REGIS RESOURCES LIMITED – ASX RRL, RETAIL FOOD GROUP LIMITED – ASX RFG, MANTRA GROUP LIMITED – ASX MTR, DOWNER EDI LIMITED – ASX DOW, SPEEDCAST INTERNATIONAL LIMITED – ASX SDA, UBS HOLDINGS PTY LTD

Trump’s surge spooks markets

Original article by Cameron Stewart, David Rogers
The Australian – Page: 1 & 10 : 3-Nov-16

Sharemarkets in Australia and Asia were sold down on 2 November 2016, after an ABC News/Washington Post poll showed that US presidential candidate Donald Trump now has a one percentage point lead over Hillary Clinton. The RealClear Politics average of polls also shows that Trump has significantly narrowed Clinton’s lead in the last week. Westpac economists have warned that a Trump victory could have a bigger impact on global financial markets than the UK’s Brexit referendum.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, NIKKEI 225 INDEX, HANG SENG INDEX, SHANGHAI COMPOSITE INDEX, KOSPI INDEX, WESTPAC BANKING CORPORATION – ASX WBC, WILSON ASSET MANAGEMENT, REPUBLICAN PARTY (UNITED STATES), DEMOCRATIC PARTY (UNITED STATES)