Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

EMs may need more boost than surprise China output recoup.


Date: 02-12-2019
Subject: EMs may need more boost than surprise China output recoup
Singapore: Emerging markets may need more than a surprise recovery in Chinese manufacturing to exorcise the pain of November.

Though data on Saturday unexpectedly showed China’s official manufacturing PMI surged past the 50 level for the first time since April, the on-off state of the trade talks, currency weakness in Latin America against a backdrop of popular unrest are likely to curb investor enthusiasm.

MSCI Inc’s gauges of emerging market stocks and currencies dropped for the third successive week in the five days through Friday, capping their first November declines since 2016. A Bloomberg Barclays index of local-currency bonds fell for a fourth straight week.

A combination of falling relative returns, the slowing pace of interest-rate cuts and a weakening growth outlook are keeping emerging markets in check headed into December. And there’s little sign of a turnaround any time soon, according to HSBC Plc.

“The conditions are not seen coming together for emerging-market currencies to stage a broad-based recovery,” Hong Kong-based Paul Mackel and Ju Wang said in a note Friday. “It will be another frustrating year for EM foreign exchange.”

Markets are waiting for China’s response after President Donald Trump signed a bill backing Hong Kong’s protesters, a move that could complicate the signing of the phase one trade deal. China’s foreign ministry reiterated a threat of retaliation on Thursday.

The Hong Kong bill requires annual reviews of the city’s special trading status under US law and sanctions officials deemed responsible for human rights abuses and undermining the city’s autonomy. A second Hong Kong measure also bans the export of crowd-control items such as tear gas and rubber bullets to the city’s police.

“The market is back on Beijing watch to see if this bill could be a trade deal breaker,” Stephen Innes, chief Asia market strategist at Axi-Trader in Bangkok, wrote in a note. “The big question is, does China decide to compartmentalize the Hong Kong issues away from the phase one deal? So that’s where the risk lies now.” China’s government wants tariffs to be rolled back as part of the phase one trade deal with the US, Global Times said in a tweet on Sunday, citing unidentified people in Beijing ..

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 24-10-2020



Date: 21-10-2020
Notification No. 38/2020-Customs
Notification regarding exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors.

Date: 21-10-2020
Notification No. 07/2020 – Central Excise
Notification regarding exemption of duties of Central Excise against scrips issued under the RoSL scheme for apparel and made-ups sectors

Date: 20-10-2020
Notification No. 37/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, regarding the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement.

Date: 15-10-2020
Notification No. 99/2020 - Customs (N.T.)
Exchange rate Notification No.99/2020-Cus (NT) dated 15.10.2020- regd.

Date: 13-10-2020
Trade Notice No. 30/2020-2021-DGFT
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under GSP, GSTP, India-Malaysia CECA, India-Singapore CECA w.e.f. 15th October 2020

Date: 09-10-2020
Notification No. 39/2015-2020
Amendment in Export Policy of Onions

Date: 08-10-2020
Circular No. 44/2020-Customs
Procedure for inspection of ICDs/CFSs/AFSs -reg

Date: 08-10-2020
Notification No. 49/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 07-10-2020
Public Notice No.24 /2015-20
Revision of SION H-68, H-301 & H-302 of Export Products- Double Decorative/Single side Laminates with or without Barrier Paper



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001