Donald Trump

Global Economy

Briefs

This week: the future of air travel, Trump administration to consider adding Ant Group to trade blacklist, and more.

US Economy

Trump ends stimulus talks, spurning Powell and roiling markets

Americans’ incomes fell by 2.7% in August as supplemental insurance benefits from the first round of stimulus expired.
Could Donald Trump’s hospitalisation open the floodgates for US fiscal stimulus? - THE EDGE SINGAPORE

Broker's Calls

Could Donald Trump’s hospitalisation open the floodgates for US fiscal stimulus?

So far, the US has only regained 11.417 million of the 22.160 million jobs lost from the pandemic in March and April.
Retail REITs favoured on 'faster-than-expected' recovery: KGI - THE EDGE SINGAPORE

Broker's Calls

Retail REITs favoured on 'faster-than-expected' recovery: KGI

REITs and Technology sectors are marked to “outperform” in an otherwise “neutral” climate.

Covid-19

Trump returns to White House with Covid, removing mask for photo

Biden, in Miami, wished Trump and the first lady well and said he hoped the president would take mask-wearing seriously.

Oil & Gas

Oil extends losses after Trump tests positive for Covid-19

Brent crude LCOc1 slipped on the Trump news and was down $1.12, or 2.7%, at $39.81 a barrel by 0710 GMT.

Currencies

Trump's Covid-19 comeuppance sees investors shelter in the Dollar and the Yen

The USD gained 0.6% on the risk-sensitive AUD while JPY rose more than 1% on the AUD.

Covid-19

Trump says on Twitter he, Melania tested positive for COVID-19

Donald Trump and his wife has just been tested positive for Covid-19.
Investors better off sleeping through US presidential debates, says UBS economist - THE EDGE SINGAPORE

Broker's Calls

Investors better off sleeping through US presidential debates, says UBS economist

Markets have remained calm following the debates in the absence of any policy surprises.

US Economy

Trump-Biden election debate kick off amid investors' concerns on prolonged uncertainty following Trump's refusal to commit to election outcome

S&P 500 index futures lifted 0.6% during the debate as both candidates landed blows in early exchanges.
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