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Chinese auto part manufacturers, especially those with North American plants, are expected to face limited disruptions from potential U.S. tariffs on Mexico. UBS analysts indicate that U.S. manufacturers' reliance on Chinese firms will make it challenging to find alternatives, allowing for shared tariff costs. Companies like Fuyao Glass and Huizhou Desay SV Automotive are well-positioned to mitigate risks, with Fuyao planning to expand its U.S. capacity and Desay having limited exposure to Mexico.
04:25 28.11.2024
Chinese stocks are expected to face challenges due to ongoing tariff uncertainties and limited domestic stimulus, according to UBS. The firm maintains a "Neutral" stance, highlighting risks from geopolitical volatility while favoring defensive sectors and high-yielding stocks like China Merchants Bank. Despite projected EPS growth of 8.5% for 2025, potential slowdowns in 2026 loom due to macroeconomic uncertainties.
02:04 28.11.2024
Emerging Asian bonds are becoming pricier, reducing their appeal compared to global counterparts if Donald Trump implements less severe tariffs than anticipated. Yield spreads for South Korea, the Philippines, India, China, Malaysia, and Indonesia are trading below their 12-month average, indicating higher valuations than other emerging markets like Colombia and Mexico.
President-elect Donald Trump's proposed tariffs on imports from China, Mexico, and Canada could disrupt inflation and investment, potentially reversing progress made by the Federal Reserve. Economists predict an 8% increase in import prices, pushing headline PCE above 3%, while also widening the trade deficit as companies may front-load imports in anticipation of the tariffs.
The Healthcare Business Intelligence market report provides a comprehensive analysis of industry dynamics, including market size, growth trends, and competitive landscape across various regions. It examines key factors such as technological advancements, market volatility, and emerging players, offering insights into strategic opportunities and challenges. The report also features detailed profiles of leading manufacturers and forecasts production values, ensuring a thorough understanding of the market's future trajectory.
UBP anticipates a return of inflation by 2025, with global economic growth projected at 3.1%. While the US economy is expected to benefit from strong private consumption and fiscal measures, inflationary pressures may arise from wage increases and tariffs. In Europe, growth will be uneven, with southern countries leading, while Switzerland is forecasted to grow at 1.3%.
Trading is expected to start sluggishly, influenced by Donald Trump's tariff announcements on Mexico, Canada, and China, which have dampened market sentiment. Major industrial stocks like Schindler and UBS faced losses, while car manufacturers like Ford and GM also struggled due to potential impacts from the tariffs. Despite these challenges, the US stock market showed unexpected strength, buoyed by a ceasefire between Israel and Hezbollah.
09:30 27.11.2024
China's medical device market is rapidly expanding, with an average annual growth rate of 15%, significantly outpacing the global rate of 5%. Key drivers include an ageing population, rising disposable incomes, and advancements in technology such as AI and 3D printing. The market is projected to continue its upward trajectory, supported by government initiatives and a growing number of manufacturing enterprises.
Volkswagen AG is exiting its operations in Xinjiang amid investor concerns over human rights abuses. The company will sell a small plant in Urumqi to a state-owned entity and extend its partnership with SAIC Motor Corp. for another decade, until 2040.
U.S. markets are responding positively to President-elect Donald Trump's policies, with the S&P 500 and Dow Jones hitting record highs despite his tariff threats. The Federal Reserve plans to gradually lower interest rates if inflation stabilizes at 2% and employment remains strong. Meanwhile, Softbank invests $1.5 billion in OpenAI, reflecting ongoing interest in tech advancements.
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