Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
In an interview to NDTV, Rathin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance & Policy, said that India could be headed towards a structural crisis.
In view of the coming crisis, India could soon get ensnared in the middle-income trap, eventually becoming like Brazil or South Africa, the top economist warned.
"In the history of the world, countries have avoided the middle income trap, but no countr ..
Read more at:
//economictimes.indiatimes.com/articleshow/69247983.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
In view of the coming crisis, India could soon get ensnared in the middle-income trap, eventually becoming like Brazil or South Africa, the top economist warned.
"In the history of the world, countries have avoided the middle income trap, but no countr ..
Read more at:
//economictimes.indiatimes.com/articleshow/69247983.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
More on Trade War
Trade War Returns, After a 4-Month Hiatus of Complacent Optimism
277 Views, 6 May 2019 21:40
EXECUTIVE SUMMARY
President Trump has threatened to raise the 10% tariffs on US$200bn of imports from China (imposed on 24 September 2018) to 25% by Friday (May 10th), 130 days after they were originally supposed to come into effect. The markets had been so lulled into complacency by the relentless optimism about the inevitability of a trade deal that Trump's tweets came as a bolt from the blue, jolting markets around the world. The tweets make it clear that no trade deal is imminent: though a trade deal is still likely to eventually be agreed, the 25% tariffs on US$200bn of imports will come into effect this Friday, and a further US$325bn of potential imports from China will similarly be charged a 25% tariff within the next few weeks.
For Trump, his tweets are a win-win. If they oblige the Chinese delegation led by Vice Premier Liu He to back down, Trump can trumpet his tweets as having played the key role; if a superficial trade deal is agreed (that doesn't entail significant strategic changes in China's trade policy), Trump can still say the deal would have been even more flimsy had it not been for his tweets. But we believe that trade is one area of policy on which Trump's views are well-formed (over a 35-year period). He will not be lulled into a superficial trade deal, and is imposing tariffs because China has failed to deliver credibly on the promises it made on trade in December 2018.
Of the US$120bn of US exports to China in 2018, China has already imposed additional tariffs on US$110bn. But the US has imposed new tariffs on only US$250bn of its imports from China (which amounted to US$539bn in 2018). China could attempt to retaliate against other US interests in China (and Apple, Qualcomm, Broadcom and AMD are likely to be most negatively affected by these), the US too has ample scope to ratchet up the pressure (on ZTE and Huawei, for instance). While we expect a trade deal to be agreed sometime in 3Q 2019 (thereby forestalling the imposition of 25% tariffs on the final US$300bn of annual US imports from China), we believe Trump's tweet regarding the first US$200bn (which will attract a tariff of 25%). This is clearly negative for the Chinese economy -- likely shaving 0.8-1 percentage point from China's real GDP growth in 2H 2019. We would advise investors to increase weightings in Mexico, Vietnam and India as the likeliest beneficiaries of the diversion of US import demand from China.
https://www.smartkarma.com/insights/trade-war-returns-after-a-4-month-hiatus-of-complacent-optimism
Trade War Returns, After a 4-Month Hiatus of Complacent Optimism
277 Views, 6 May 2019 21:40
EXECUTIVE SUMMARY
President Trump has threatened to raise the 10% tariffs on US$200bn of imports from China (imposed on 24 September 2018) to 25% by Friday (May 10th), 130 days after they were originally supposed to come into effect. The markets had been so lulled into complacency by the relentless optimism about the inevitability of a trade deal that Trump's tweets came as a bolt from the blue, jolting markets around the world. The tweets make it clear that no trade deal is imminent: though a trade deal is still likely to eventually be agreed, the 25% tariffs on US$200bn of imports will come into effect this Friday, and a further US$325bn of potential imports from China will similarly be charged a 25% tariff within the next few weeks.
For Trump, his tweets are a win-win. If they oblige the Chinese delegation led by Vice Premier Liu He to back down, Trump can trumpet his tweets as having played the key role; if a superficial trade deal is agreed (that doesn't entail significant strategic changes in China's trade policy), Trump can still say the deal would have been even more flimsy had it not been for his tweets. But we believe that trade is one area of policy on which Trump's views are well-formed (over a 35-year period). He will not be lulled into a superficial trade deal, and is imposing tariffs because China has failed to deliver credibly on the promises it made on trade in December 2018.
Of the US$120bn of US exports to China in 2018, China has already imposed additional tariffs on US$110bn. But the US has imposed new tariffs on only US$250bn of its imports from China (which amounted to US$539bn in 2018). China could attempt to retaliate against other US interests in China (and Apple, Qualcomm, Broadcom and AMD are likely to be most negatively affected by these), the US too has ample scope to ratchet up the pressure (on ZTE and Huawei, for instance). While we expect a trade deal to be agreed sometime in 3Q 2019 (thereby forestalling the imposition of 25% tariffs on the final US$300bn of annual US imports from China), we believe Trump's tweet regarding the first US$200bn (which will attract a tariff of 25%). This is clearly negative for the Chinese economy -- likely shaving 0.8-1 percentage point from China's real GDP growth in 2H 2019. We would advise investors to increase weightings in Mexico, Vietnam and India as the likeliest beneficiaries of the diversion of US import demand from China.
https://www.smartkarma.com/insights/trade-war-returns-after-a-4-month-hiatus-of-complacent-optimism
Similar threads
-
-
Collective Investment Scheme in stocks and futures trading?
- Started by rakamaka
- Replies: 7
-
Trading Futures: Indices Vs Individual Stocks- Started by Trade_Artist
- Replies: 9
-
-