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Market Talk – May 31, 2019

ASIA / AUSTRALIA: Some positive news for US-Chinese relations as Tesla has started to take pre-orders on it cheaper Model 3 cars from its Gigafactory based in Shanghai. The construction of the factory only started at the beginning of January and is expected to open later this year. The former governor of the People’s Bank […] read more

Market Talk – May 30, 2019

ASIA / AUSTRALIA: China accused the U.S. of “economic terrorism.” The Ministry of Foreign Affairs said the White House had “brought huge damage to the economy of other countries and the U.S. itself,” spokesperson Lu Kang told reporters in Beijing on Thursday. China has now reportedly stopped ordering soy from the U.S. over the trade […] read more

Market Talk – May 29, 2019

ASIA / AUSTRALIA: There seems to be no end to the US-China trade deal in sight. China is signaling that it could increase tariffs on rare earth materials, which are essential for components in the tech industry. The governments of the United States and Japan have agreed to further cooperation in space, which could include […] read more

Market Talk – May 28, 2019

ASIA / AUSTRALIA: After U.S. President Trump’s visit to Japan concluded, he stated he expects Japan’s military to reinforce the U.S. forces throughout Asia and elsewhere. Meanwhile, Chinese Vice President Wang Qishan is visiting Pakistan before he heads to Europe as both nations are trying to show up regional allies as tensions rise. The founder […] read more

 Julian Assange Indicted on 18 More Counts

Julian Assange of WikiLeaks was charged with conspiring to obtain national security secrets in what prosecutors have described as one of the largest compromises of classified information in U.S. history. They filed 18 new charges against Assange, which include allegations that he aided and abetted former Army intelligence analyst Chelsea Manning’s efforts to leak classified […] read more

EU Elections

Greek Prime Minister Alexis Tsipras has called a snap election after disappointing results from his party in the European Elections. His Syriza party was estimated to have received just 23.94% of votes in the elections, trailing behind its main opposition party New Democracy, which received 33.28%. A far-right party in Italy’s of Deputy Prime Minister Matteo […] read more

Market Talk – May 24, 2019

ASIA / AUSTRALIA: China is accusing the U.S. of seeking to take over and capture global business. However, Beijing stated today that they are committed to striking a deal with the U.S., even with pressure against Chinese company Huawei. The Chinese Ambassador to the U.S. is asking for a balanced approach to the trade deal, […] read more

Market Talk – May 23, 2019

ASIA / AUSTRALIA: India’s Prime Minister Narendra Modi has been elected for a second term, thanking voters for five more years in office. Modi has had a reputation of being a nationalist and making sure the security of the nation was at the forefront of voters’ minds. There will be those unhappy with the outcome […] read more

Market Talk – May 21, 2019

ASIA / AUSTRALIA: There are reports emerging that China could cut off U.S. supply of rare earth elements, which are essential for use in weapons, cell phones, hybrid cars, and magnets. Recently, President Xi spoke out stating there was a “new Long March” and China “must start over again,” which signals a longer than expected […] read more

Market Talk – May 20, 2019

ASIA / AUSTRALIA: Chinese telecommunications manufacturer Huawei has been banned from the recent updates from Google’s Android system. Currently, Huawei is the second largest manufacturer of smartphones. They will, however, be allowed on the latest released version of Google’s Android operating system which is open sourced. The CEO of Huawei previously stated that the company […] read more