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Chinese Vice Premier Liu He will also head to the United States on Wednesday and Thursday – with a 30-member delegation – for the next round of trade negotiations. There are reasons to be hopeful of some kind of agreement even if U.S. Commerce Secretary Wilbur Ross said the two sides were “miles and miles” from resolving their trade issues. He did after all admit there was a fair chance of a deal, eventually. So far there is little clarity on how bad it could get, for China’s and for the world economy and how much stimulus Beijing may be happy to provide this time round. China’s obsession with market stability and the quality of credit growth adds to that challenge gold lion cufflinks.
Another week, another vote. On Jan 29, Britain’s parliament will debate Prime Minister Theresa May’s proposed next Brexit steps as well as alternative plans put forward by lawmakers, including some that seek to delay Britain’s March 29 exit from the EU. Parliament won’t be asked to vote to approve a revised Brexit deal and given the crushing margin by which May’s ‘plan A’ was defeated just a week ago, that’s just as well. Greater focus though is on averting a No-deal Brexit – a scenario in which the UK crashes out of the EU with no trade agreement. That looks achievable. The opposition and many ruling party members will likely back an amendment providing for a nine-month extension to Brexit should a deal not be agreed by Feb. 26 gold lion cufflinks.
Meanwhile warnings against no-deal Brexit are coming in thick and fast from finance minister Philip Hammond as well as companies such as Ford, Jaguar-Land Rover, Goldman Sachs and Airbus. Markets are trading accordingly – sterling has just has enjoyed its best week since Sept 2017 against the dollar. Analysts reckon if May’s deal or the amendment delaying Brexit pass, sterling could rally another 5-10 percent. That may sound overly optimistic, given the challenges the UK economy will still face gold lion cufflinks. Risks are finely balanced though: Remember, investors have taken off some option hedges they had put on to guard against sterling downside. If the possibility of no-deal raises its head again, they may have to scurry back to safety..
TORRID TECH TIMES?. Results from Apple (AAPL.O) on Tuesday and Microsoft (MSFT.O) on Wednesday will be high on the agenda as global tech struggles to recover from a tumultuous end of 2018 that saw tumbling shares and sharp downgrades to earnings expectations gold lion cufflinks. The updates from the two U.S. giants follows a string of dour numbers from chipmakers across the globe, signaling more gloom in coming months for the once-high-flying sector. A slowdown in China is one of the top risks with firms ranging from South Korea’s SK Hynix (000660.KS) to Texas Instruments (TXN.O) flagging weakness in the world’s second largest economy as a bitter trade war with Washington rages on..
In the past two years, earnings growth exceeded 15 percent. Now expectations for 2019 growth in global tech have plunged to less than 2 percent from more than 10 percent seen a few months ago, illustrating the woes facing the industry. But there’s also a glimmer of hope gold lion cufflinks. An upbeat forecast from chipmaker STMicro (STM.MI) for the second half gave a boost to a sector where a lot of negativity has already been priced in and less demanding valuations provide a cushion to selling pressure. Venezuela is likely to stay in the headlines, given opposition leader Juan Guaido has declared himself interim head of state in the Latin American country and received swift backing from many of his compatriots, the United States, Canada and several Latin American governments, including Brazil and Colombia..