The (trade) war has started

[DACH]

It looks like Trump has found the next big target in his trade war — Japan

https://www.businessinsider.sg/trump-trade-war-japan-tariffs-on-cars-2018-9/?r=US&IR=T

 

• President Donald Trump is reportedly set to involve Japan in his trade war, saying he will make the world’s third-largest economy “pay.”
• According to a report from the Wall Street Journal late on Thursday, Trump indicated to reporter James Freeman that he is ready and willing to hit Japan with tariffs.
• Japan imported over $40 billion of cars into the US last year.
• The report comes as the US prepares to impose fresh tariffs on up to $200 billion of Chinese goods.

[Albeniz]

Today, Australian dollar and NZD lau sai big time.

[Wt_know]

million dollar question

will spore benefit from amdk usa trade war with canada, japan, usa, mexico and all the simi sai country

[Beregond]

million dollar question

will spore benefit from amdk usa trade war with canada, japan, usa, mexico and all the simi sai country

i think in the long term 'yes'

must see how u  make use of it.

 

before the trade war even start,

US tax china tyres super high already.

 

some china brand already had factory making china tyres 'made in thailand' to avoid the tax.

so we can say thailand benefit in that area

[Pocy]

Today, Australian dollar and NZD lau sai big time.

What good ways to invest in those currencies?

[Playtime]

million dollar question

will spore benefit from amdk usa trade war with canada, japan, usa, mexico and all the simi sai country

We should be happy if no idiots get invited there and go make some more stupid jokes and get Singapore in trouble both sides .. Edited September 8, 2018 by Playtime

[DACH]

What good ways to invest in those currencies?

Buy properties there.

[Pocy]

Buy properties there. ð

That’s property investment

[Volvobrick]

Lowest risk is just convert your SGD to AUD/NZD and put into FD.

[Playtime]

Lowest risk is just convert your SGD to AUD/NZD and put into FD.

You r betting aus nzd rise against sgd?

[Volvobrick]

You r betting aus nzd rise against sgd?

Nope. Not into aud yet. Now in USD. Waiting for Aud to drop much lower.

[Playtime]

Nope. Not into aud yet. Now in USD. Waiting for Aud to drop much lower.

 

but convert to a falling currency for fd? would you be losing value?

unless you foresee sgd falling later on wrt aus and nzd?

[Volvobrick]

I am waiting for Aud to drop some more... Maybe nearer to 0.90 then go in....

[Albeniz]

I am waiting for Aud to drop some more... Maybe nearer to 0.90 then go in....

Now, is 0.980.

 

Is there any reason for AUD to drop much further?

[Pocy]

Now, is 0.980.

 

Is there any reason for AUD to drop much further?

Trade war Trump and China

[Albeniz]

Trade war Trump and China

SGP would also be the casualty of the trade war.

 

While AUD weakens, SGD may also not be able to sustain its strength in the long run. I am more of the opinion that it would hover around 1.0.

 

AUD has resources while SGP has none to back its economy and currency.

[Voodooman]

SGP would also be the casualty of the trade war.

 

While AUD weakens, SGD may also not be able to sustain its strength in the long run. I am more of the opinion that it would hover around 1.0.

 

AUD has resources while SGP has none to back its economy and currency.

I agree with you. Australia economy is driven domestically (relative to SG) while SG is a hub dependent on international trade and finance flows. Strangely, AUD has weakened more than SGD, perhaps to maintain its competitive edge against miners in Indonesia and South Africa?

[Albeniz]

I agree with you. Australia economy is driven domestically (relative to SG) while SG is a hub dependent on international trade and finance flows. Strangely, AUD has weakened more than SGD, perhaps to maintain its competitive edge against miners in Indonesia and South Africa?

True. In recent months, I have observed that the Indo rupiah has devalued quite substantially. May be AUS has to respond this way to maintain its competitive edge?