Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Wall Street gets Fed reality check
Wall Street gets Fed reality check - 01:51
Reuters Today: Spanish yields seen rising at auction
Reuters Today: Spanish yields seen rising at auction - 06:21
Surprise services boost points to UK recovery
Surprise services boost points to UK recovery - 02:54
Breakingviews: Do as I say, not as I do – German wages
Breakingviews: Do as I say, not as I do – German wages - 05:04
Market Pulse: Spain under fire as investors shun bond sale
Market Pulse: Spain under fire as investors shun bond sale - 03:28
Myanmar's Kyat begins managed float
Myanmar's Kyat begins managed float - 01:59
ASEAN: territorial code of conduct draft by year-end
ASEAN: territorial code of conduct draft by year-end - 01:48
U.S. Morning Call: Stock futures down, JPMorgan to be fined
U.S. Morning Call: Stock futures down, JPMorgan to be fined - 02:08
EMEA Day Ahead:: Thursday
EMEA Day Ahead:: Thursday - 03:13
3XSQ: Customer funds in question; royal return
3XSQ: Customer funds in question; royal return - 05:44
Still cashing in? Hirst retrospective
Still cashing in? Hirst retrospective - 02:32
World's biggest car delivery center
World's biggest car delivery center - 02:41
FACTBOX: Titanic the movie sails again
FACTBOX: Titanic the movie sails again - 02:20
Trading at Noon: Wall St. down on lost hope for stimulus
Trading at Noon: Wall St. down on lost hope for stimulus - 02:48
Draghi holds rates, offers caution
Draghi holds rates, offers caution - 01:50
Breakingviews: Gun bubble redux
Breakingviews: Gun bubble redux - 02:51
Yahoo cuts 2,000 jobs
Yahoo cuts 2,000 jobs - 01:15
Easter egg panic in eastern Europe
Easter egg panic in eastern Europe - 01:28
Wealth Strategies: Equity rally has 3 years left in cycle
Wealth Strategies: Equity rally has 3 years left in cycle - 06:05
Congressional insider trading ban
Congressional insider trading ban - 01:17
Gas prices no detour for car buyers
Gas prices no detour for car buyers - 02:13
Demand for fuel-efficient cars will outlast spike in gas prices
Demand for fuel-efficient cars will outlast spike in gas prices - 02:36
Most engines of growth are in emerging markets : Nissan CEO
Most engines of growth are in emerging markets : Nissan CEO - 05:39
U.S. Day Ahead: GAP set to shine with same store sales
U.S. Day Ahead: GAP set to shine with same store sales - 01:59

Asia markets brace for the Trump effect

Wednesday, January 04, 2017 - 01:37

Stock markets start 2017 on a largely upbeat note, but investors are worried Donald Trump with carry through with threats to slap heavy tariffs on Chinese goods. Tara Joseph reports.

▲ Hide Transcript

▶ View Transcript

A colorful start to the year in Japan on Wednesday (January 4). Tokyo markets jumping in their first trading day of trade after new data flagged a bright outlook for manufacturers. Across Asia, major markets are kicking off 2017 on a solid note, with economic growth still expected to outpace other parts of the world. But behind the solid start, there are growing concerns in a region economically dominated by China. Asian markets are riding the tailwind of a blazing Wall Street rally right now. But with just over two weeks until Donald Trump becomes the next President of the United States, many investors are worried about what could happen if he moves ahead with plans to slap heavy tariffs on Chinese goods. A trade war between the US and China could have a destabilizing effect across Asia, with the world's top two economies powered by manufacturing and trade. A massive range of western household names - from Korea's Samsung TV's to Apple iphones - are produced in China and any impact there could have serious consequences. China's currency is already limping behind the rising U.S. dollar, and the country's huge stash of foreign reserves is likely to fall below 3-trillion dollars - its lowest point in more than a decade. So far markets are taking threats of a trade war in their stride, focusing instead on the nuts and bolts of earnings. But in time, the threats and harsh words predicted by many could send worrying ripples across the economic landscape.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Asia markets brace for the Trump effect

Wednesday, January 04, 2017 - 01:37