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Sat, Aug 17, 2019 11:21 AM All times are UTC Edition :

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Tony Walker

Adjunct Professor, School of Communications, La Trobe University

The Australian Financial Review: International Editor (2010-2016), Washington correspondent (2004-2010), Political Editor (2000-2004), Financial Times: Middle East correspondent (1984-1993), Beijing bureau chief (1993-1998), North American correspondent 1998-2000. Publications include Arafat: The Biography (Virgin Books 2004) and The Thomson Five: A golfing legend's greatest triumphs (Melbourne University Press 2016). Graduate Australian National University BA.(1968) Dual Walkley award winner for commentary (2003 and 2007). Paul Lyneham Award Excellence Press Gallery journalism (2003).

Morrison needs to take control of China policy - but leave room for dissent

Aug 15, 2019 17:50 pm UTC| Insights & Views Politics

The Morrison government is at risk of losing control of China policy. Push-back from within its own ranks is complicating its ability to manage relations with Beijing. China policy is being subjected to a buffeting from...

Iran and US refusing to budge as tit-for-tat ship seizures in Middle East raise the temperature

Jul 22, 2019 13:23 pm UTC| Insights & Views

In a world run ragged by multiple crises and an unravelling of American global leadership, military confrontation in the Gulf poses risks that extend well beyond the region itself. One of the greater risks is to a...

A matter of (mis)trust: why this election is posing problems for the media

May 02, 2019 17:14 pm UTC| Insights & Views Politics

Election 2019 may well prove a watershed event in more ways than one. This will likely be the first time in the countrys electoral history that more voters are following the campaign online than via conventional media ...

No matter who wins the next election, managing the China relationship will be tricky – and vital

Mar 09, 2019 05:35 am UTC| Insights & Views Politics

This is part of a major series called Advancing Australia, in which leading academics examine the key issues facing Australia in the lead-up to the 2019 federal election and beyond. Read the other pieces in the series...

The Chinese coal 'ban' carries a significant political message

Mar 01, 2019 13:45 pm UTC| Insights & Views Politics

As a standoff over Australian coal shipments through the northern Chinese port of Dalian continues, it underscores the extent of Australias economic dependence on China. One-third of all Australias exports globally are...

Huawei executive's arrest will further test an already shaky US-China relationship

Dec 16, 2018 13:12 pm UTC| Insights & Views

When US Vice President Mike Pence got to his feet at the conservative Hudson Institute in Washington on October 4, it was clear that US-China relations were entering a new, certainly fractious, possibly destructive...

G20 summit bring a truce in US-China trade relations – but it's likely to be temporary

Dec 04, 2018 00:04 am UTC| Insights & Views

The United States and China have arrived at a temporary truce in a trade conflict that was threatening to further destabilise world equity markets, entrench a global slowdown and cause more damage to a rules-based...

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Economy

Russian manufacturing decelerates in July, economy likely to grow 1.5 pct in 2019

Russias manufacturing fell back into decline in July after displaying signs of rebound, reflecting a lower oil price and generally falling demand conditions throughout the EMEA region and euro area. On a sequential basis,...

U.S. Treasury yields slightly recover on stabilising risk sentiments overnight; uncertainties still hover

The U.S. Treasury yields recovered during Fridays afternoon session as risk sentiments started to stabilize overnight, following comments from President Donald Trump that a call with China is scheduled around the corner...

UK 2-10Y gilt yield inversion raises further concerns on global growth outlook, dragged by lower U.S. yields

The United Kingdoms 2-10Y gilt yields inverted during European trading hours Friday, intrigued by the global growth concerns and uncertainties over U.S.-China trade relations, although President Trump said that he has a...

Persistent trade-tensions likely to cap the upside on overall investment activity in Malaysia, says ANZ Research

Persistent trade-tensions and subdued demand for technology products to cap the upside on overall investment activity from re-negotiated public projects in Malaysia, according to the latest report from ANZ...

Singapore’s NODX falls less than market expectations; outlook soft for remaining year, says OCBC Bank

Singapores non-oil domestic exports (NODX) for the month of July declined 11.2 percent y/y (+3.7 percent m/m sa), slightly better than OCBC Banks forecast for -15.2 percent y/y (+3.4 percent m/m sa), according to the...

Politics

Donald Trump loves that Melania Trump agrees with him about the prenup

The marriage of United States President Donald Trump and First Lady Melania Trump is possibly one of the most followed subjects in the media today. Since Mr. Trump is known for being a wealthy man, many might be wondering...

Prototype of a nuclear missile that Vladimir Putin bragged about allegedly failed

This month marks the 20-year milestone of Russian President Vladimir Putins political career. However, it has been marred with a series of pro-democracy protests in Moscow as well as the death of five scientists from a...

To restore trust in government, we need to reinvent how the public service works

Around the world, the most informed and effective public servants are changing the way they develop policy and services. Australian public servants are eager to do the same, but their leaders are not supporting them to do...

Woody Harrelson attests just how much Donald Trump loves talking

President Donald Trump has been a well-known man in the business and entertainment industry, even before he started pursuing his political endeavors. Meanwhile, First Lady Melania Trump was a fashion model when she met her...

Could Boris Johnson really force through a no-deal Brexit in the middle of an election? A constitutional lawyer weighs in

The temperature has been rising over Brexit. Dominic Cummings, the UK prime ministers special adviser, has indicated that even if the government loses an autumn confidence vote and must ultimately call a general election,...

Science

Cryptic genetic variation: the hidden changes in your DNA that could produce new diseases

Rarely has our environment changed so quickly. On top of climate change, were exposing ourselves to air pollutants, microplastics and unprecedented levels of fat, salt and sugar in our food. Environmental change is one...

Lab studies suggest medicinal plants can help repair human bone and tissue

Theres been a rise in recent years of biomedical engineering techniques that can restore lost tissue and bone. If youve been in a car crash, for instance, there are ways to restore or repair the lost body part or damaged...

Environmental destruction is a war crime, but it's almost impossible to fall foul of the laws

An open letter from 24 scientists published in Nature last month calls on governments to draft a new Geneva Convention dedicated to protecting the environment during armed conflict. This inspired a number of headlines...

HIV/AIDS deaths drop despite lack of complete cure

The HIV and AIDS epidemic has been a global challenge for decades. Unfortunately, a complete cure that would kill HIV and AIDS from a patients body is still unavailable. But that does not mean there is no other way to...

Donald Trump’s cancer cure promise still needs proof

Scientists around the world have reported strides in developing more advanced treatments for cancer while the complete cure is still unavailable. Illnesses like cancer are some of the major concerns for many households,...

Technology

South Korea’s generous incentives might boost Tesla Model 3’s sales

Tesla has become a household name in North America, especially in the United States, where more and more consumers are choosing to get electric vehicles that can drive itself. This year, the company is seeing major...

The Last of Us Part 2 release date: Sequel to be featured in next State of Play in November, leaker claims

As Sony and Naughty Dog maintains their silence about The Last of Us Part 2, the rumor mill has done the opposite. The latest whispers making its round on the web claim that the sequel will not be releasing in February as...

Developers are still mum on 'The Sims 5' development 5 years since 'TS4' launch

EA and Maxis have been silent about the future of the The Sims franchise. So it is understandable if some gaming fans are a little worried that they might not see The Sims 5 happen. However, there are various reasons ...

‘Final Fantasy 8: Remaster’ release date: Physical edition surfaces after online retailer made it available for pre-order

Final Fantasy 8: Remaster will be coming out a few months from now and hardcore fans of the franchise and new blood alike are expected to dip their hands on the title. The game has plenty of rollercoaster moments...

‘Clash Royale’ introduces beach theme for its second season

Clash Royale Season 2 is now in full swing, and the player base is busy grinding it out to acquire all the new skins, emotes, and rewards that SuperCell has added this time around. The second season has adopted a beach...

Digital Currency

Cryptocurrency Derivatives Series: Intricacies of Bitcoin ETFs – A Catalyst Of Bullish Prospect

Crypto Technicals: Major Cryptocurrency Support Resistance Levels

Crypto Technicals: BCH/USD bounces off 200-DMA support, breach below required for downside continuation

Law

New laws give victims more time to report rape or sexual assault – even Jeffrey Epstein's

Canada's marginal 'Christian right'

Dutton directive gives journalists more breathing space, but not whistleblowers

Life

Queenslanders are among our heaviest drinkers on nights out, and changing that culture is a challenge

The past stinks: a brief history of smells and social spaces

If you have a low ATAR, you could earn more doing a VET course than a uni degree – if you're a man

Nature

Animals will struggle to adapt fast enough to cope with climate change, study finds

Sharks: one in four habitats in remote open ocean threatened by longline fishing

2,000 years of records show it's getting hotter, faster

Sports

Bradley Beal being followed by Jimmy Butler social media sparks trade rumors that are highly unlikely

Errol Spence Jr responds to Timothy Bradley’s accusation that he’s ducking Terrence Crawford

Neymar transfer becoming unlikely as PSG rejects multiple offers for the talented forward

Technical Analysis

FxWirePro: US Dollar index Daily Outlook

FxWirePro: FTSE100 downside capped by 61.8% fib, good to buy on dips

USDCHF trades above 0.9800 level, jump till 0.9900 likely

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Market Data

Market-moving news and views, 24 hours a day >

J.P. MORGAN: 2M GBPAUD - EURGBP V OL SPREAD; P/L: -0.8 VOL

J.P. MORGAN: BUY A 76.63 STRIKE 2Y EUR PUT /INR CALL (SPOT REF. 76.94); P/L: -16 BP EUR

J.P. MORGAN: BUY USD 33.33MIO EACH OF 7.05 STRIKE USD/CNH CALL, 31.70 STRIKE USD/TWD CALL AND 1215 STRIKE USD/KRW CALL V S. SELL USD 75MIO OF 70.50 STRIKE USD/INR CALL; P/L : -53 BP USD

J.P. MORGAN: BUY A 6M NZDJPY BEAR PUT SPREAD (35D/15D STRIKES) (SPOT REF.: 70.8466); P/L: 0.49%

J.P. MORGAN: BUY A 2M GBP/USD BEAR (1.1950-1.15) PUT SPREAD (30D/10D) (SPOT REF: 1.2152); P/L: 0.07%

J.P. MORGAN: LONG 6M USD/JPY ATM/25 DELTA PUT SPREAD V S SHORT AUD/USD ATM/30 DELTA CALL SPREAD -; P/L: 26 BP USD

J.P. MORGAN: WE ADD SHORT 2M2M XAU/USD FVA VS LONG 2M $1,600/OZ STRIKE ONE-TOUCH CALL, AT NOTIONALS SIZED AS 100K V EGA FVA V S 1-MIO OF PAY OUT ON OT; P/L: -0.5 VOL

J.P. MORGAN: OPENED A SHORT 2M EUR CALL/USD PUT – SHORT 2M USD CALL/INR PUT – LONG EUR CALL/INR PUT CORRELATION TRIANGLE; P/L: 57 BP USD

J.P. MORGAN: BUY 3M USD/CLP 682 STRIKE - USD/SGD 31.40 STRIKE, NOT DELTA-HEDGED; P/L: 1 BP USD

J.P. MORGAN: SHORT 3M 25D USD/BRL STRANGLE VS LONG 12M STRADDLE, DELTA-HEDGED, EQUAL VEGA; P/L: -0.3 VOL

J.P. MORGAN: 2M GBPAUD - EURGBP VOL SPREAD; P/L: -0.4 VOL

J.P. MORGAN: BUY A 6M NZDJPY BEAR PUT SPREAD (35D/15D STRIKES) (SPOT REF.: 70.8466); P/L: -0.56%

J.P. MORGAN: BUY 1M NOK/SEK CALL (STRIKE = 1.0980). SELL 2M NOK/SEK PUT (STRIKE = 1.08). PAID 5.9BP. SPOT REF: 1.0960; P/L: 0.03%

ALERT: ECONOBRIEF WILL NOT BE PUBLISHED ON 4TH JULY, 2019 AS U.S. MARKETS REMAIN CLOSED ON ACCOUNT OF INDEPENDENCE DAY

U.S. 30-YEAR TREASURY BONDS RISE 1 POINT IN PRICE, 30-YEAR YIELD LAST AT 2.512%

FED'S MESTER - A FURTHER DECLINE IN INFLATION WOULD BE PROBLEMATIC

PUTIN TO MEET HIS DEFENCE MINISTER VERY SOON - TASS QUOTES KREMLIN

EU SUMMIT CHAIRMAN TUSK SAYS DEAL ON TOP JOBS GETTING CLOSER ANDCLSOER

S.AFRICA'S FTSE/JSE TOP 40 CLOSED AT 52,134.95, DOWN -0.63%

PORTUGAL’S PSI20 DOWN 0.76 PERCENT AT 5,149.16 POINTS

Tony Walker

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