Market risks from trade war will fade but the 'cold tech war' will continue, says BNP Paribas

  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Markets will grow less volatile once the U.S. and China reach a temporary trade agreement, but the 'cold tech war' will carry on, according to a BNP Paribas economist.

Lo said, given his expectation of a temporary pact, the continued trade war will no longer have such a big impact on "the macro risk in terms of market volatility," in the coming months.

But the affect of the trade dispute will linger on and hurt tech, Lo said. He predicted that disagreements in the technology sector will probably get even "colder" in the coming months — or even coming years. "There will be more focused trade war risk on the tech sector going forward. But then the overall market sensitivity to overall trade war risk may fade a bit," said the economist.national security as it is about the economy.

"I've been studying China for quite some time now and I'm big on China as well," Secretary of Defense Mark Esper told a group of reporters at the Pentagon when he was asked about the escalating conflict between Washington and Beijing. Conceptual image for the news about US blacklisting the Chinese tech giant Huawei. Huawei suffers billion dollars loss in profits.is the dispute over Chinese tech giant Huaweia telecommunications equipment and consumer electronics company, and its work in developing nations' 5G networks. That technology promises faster internet speeds that can better handle heavy-duty content like ultra-high-definition video and even driverless cars.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global oil market in glut, but not a big enough one for OPECOPEC has shifted the goalposts for assessing an overhang in oil inventories, giv... Can't tell it by prices at the gas pump..... Rich people getting richer via monoply prices. then, Why aren’t oil prices plummets in India It's the Mind Flayer! StrangerThings
Source: Reuters - 🏆 2. / 97 Read more »

The Municipal-Bond Market Is Now Controlled by Just a Few FirmsA few behemoths are increasingly dominating the municipal market, helping to lower prices for investors but sparking worries about concentration and influence. Oh gosh somebody please kill me What's your opinion about this news? Who really gives a big hoot
Source: WSJ - 🏆 98. / 63 Read more »

Market analyst ponders whether we've hit 'peak FANG, peak Pot, peak millennials'One strategist thinks this bull market could end as focus shifts away from millennials and onto Gen Z.
Source: CNBC - 🏆 12. / 72 Read more »

These 5 technical indicators are sending warning signals for the stock marketMeasures of market breadth have deteriorated in recent weeks, and analysts say this dynamic may foretell a significant pullback ahead for the S&P 500 Not true. The Russsell 2000 was up almost 2% today.
Source: MarketWatch - 🏆 3. / 97 Read more »

This city has the No. 1 most stable housing market in the countryA new study examined the staying-power of home prices across the U.S.
Source: MarketWatch - 🏆 3. / 97 Read more »