(5.08) Markets & Instruments [New] So far, the US has already imposed tariffs on $250bn worth of Chinese products, and has threatened tariffs on $325bn more, while China has set tariffs on $110bn worth of US goods, and is threatening measures that would affect US businesses operating in China. The biggest investors in blockchain this year will be banking, investment, securities, and insurance services, with a cumulative investment totaling $1.1 billion. Production is expected to recover in the near term, but US sanctions will likely reduce Venezuela's crude output to 750,000 b/d by the end of this year. If Chinese import tariffs stay the same or go up in 2020, Apple may have no choice but to raise iPhone prices in the U.S. by $75 to $100 per phone: Demand could drop by six to eight million units. Hong Kong and London's stock exchanges together will create a leading global exchange that spans Asia, Europe and the US with a market value of more than $70 billion. The volume of HQLA securities that the CLF ADIs could reasonably hold increased from $175 billion in 2015 to $225 billion in 2019, reflecting growth in the stock of HQLA securities. TD Securities is not ruling out new gold record highs in USD terms in the coming years but warns that gains will not all happen in s straight line. While major central banks have modified their policy strategies recently, the future direction of monetary policy will continue to affect the dynamics in government debt securities markets. Apple will likely absorb any trade war tariffs in the short term as it looks to diversify production beyond China as soon as next year. Though cryptocurrency has experienced a bear market in 2018, leaving multiple tokens almost 100% down on their 2017 all-time highs, there are still some who believe crypto will force its way to the fore in 2019. With the US maintaining its zero exports policy in Iran sanctions, Platts Analytics expects exports to drop to 450,000 b/d for the remainder of 2019. China will remove shareholding limits on foreign ownership of securities, insurance and fund management firms in 2020, one year earlier than originally planned. For this year, S&P Global Ratings now forecast GDP growth of 6.2% for China, 2.5% for the US, near 1.1% for the eurozone, and 1.2% for Latin America (excluding Venezuela). The share of US gas production headed to world markets could double in 2020 as the new export facilities come online. The share of U.S. gas production headed to world markets could double in 2020 as the new export facilities come online. If the Fed rate cuts and other measures are able to successfully revive the U.S. economy and stock market then Gold is not going to receive enough capital inflows to sustain a bull market. Goldman generally believes the bull market will continue in 2019, but it could get choppier as the year continues and investors begin to worry about a recession in 2020. Owing to these hurdles and tariff-related risks stemming from trade war with China, the consumer staples sector has tumbled 14.1% in a year compared with the S&P 500's drop of 5%. S&P Global Economics is forecasting that global GDP growth will fall to 3.6% in 2019 from a six-year high of 3.8% in 2018, due to declines in the two largest economies, the U.S. and China. Outside the US, earnings growth for the MSCI All Countries ex US Index is expected to decline from 6.6% in 2018 to 5.5% in 2019, before rising to 9.5% next year. Debt capital markets may once again be in vogue this year; as Federal Reserve Chairman Jerome Powell is widely expected to increase interest rates more slowly, if at all, reversing the Fed's policy for much of 2018. A real trade deal will likely boost S&P 500 earnings by around one percentage point in 2019, while an all-out trade war involving higher tariffs on US exports to China would reduce S&P 500 earnings by a similar margin. See full forecast Last updated: 22 October 2019 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
