A currency exchange dealer in Peshawar, Pakistan on October 19, 2018. Financial analysts have turned more bullish on emerging markets since the Fed announced a consequential shift in monetary policy on January 30, 2019. Photo: EPA

Fed pause could reignite ‘wall of money’ for emerging markets, trade group says

  • Pickup in emerging markets inflows has broadened beyond China recently, according to Institute of International Finance
  • Federal Reserve likely to hold off rate hikes until second half
Topic |   US-China trade war

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A currency exchange dealer in Peshawar, Pakistan on October 19, 2018. Financial analysts have turned more bullish on emerging markets since the Fed announced a consequential shift in monetary policy on January 30, 2019. Photo: EPA
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The US trade defect with China fell US$2.8 billion to US$35.4 billion in November. Photo: AFP

US trade deficit with China narrows, as effects of trade war-induced export front-loading begin to fade

  • The United States’ trade deficit with China fell US$2.8 billion to US$35.4 billion in November, led by a decline in US imports of consumer goods
  • The data will be well-received by US President Trump, who has railed against the US’ perceived lopsided trading relationship with China.
Topic |   US-China trade war

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The US trade defect with China fell US$2.8 billion to US$35.4 billion in November. Photo: AFP
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