Around USD 100bn of investment in renewable energy will be required to support commitments by the RE100, a group of companies committed to offsetting 100% of their electricity demand from green sources.
The main concern preoccupying investors at the G20 meeting in late June was the potential for a trade war between the US and China.
Strong retail sales figures suggest US consumers are continuing to prop up the economy, helping partially to offset the hit to business confidence from the US-China trade conflict.
It is now our baseline scenario that a 10% tariff will be levied on the remaining USD 300bn of Chinese exports to the US on 1 September.
Weak economic data and a further flattening of the US Treasury yield curve on Wednesday led the S&P 500 to decline 2.93%, global equities 2.85%, and emerging market stocks 2.88%.
But I’m glad I got your attention with the headline.
The US Trade Representative has announced a partial delay in the imposition of additional tariffs on Chinese imports.
Weak economic data and a further flattening of the US Treasury yield curve on Wednesday led the S&P 500 to decline 2.93%, global equities 2.85%, and emerging market stocks 2.88%.
In the transaction, order and delivery data were agreed upon between the companies via the international Marco Polo trade finance network.
Points to remember in 2019…