Trump’s equity delisting threat, a storm in a China teacup?
Monday 30th October 2019
US equities felt the heat on Friday with news that the Trump administration was looking at new ways of limiting investment in China, including delisting Chinese firms listed on US stock indices. Phil Dobbie talks to NAB’s Tapas Strickland about the market reaction and how realistic a possibility this is. They also discuss the latest US and Chinese data, a possible rate cut in the UK and expectations for a rate cut from the RBA on Tuesday.
Trump’s equity delisting threat, a storm in a China teacup?
Monday 30th October 2019
US equities felt the heat on Friday with news that the Trump administration was looking at new ways of limiting investment in China, including delisting Chinese firms listed on US stock indices. Phil Dobbie talks to NAB’s Tapas Strickland about the market reaction and how realistic a possibility this is. They also discuss the latest US and Chinese data, a possible rate cut in the UK and expectations for a rate cut from the RBA on Tuesday.