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Phillip Capital Morning Note - 3 Jun 2019

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Publish date: Mon, 03 Jun 2019, 09:32 AM
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Trader news and research articles

China decries US tariff ‘coercion’ as trade rhetoric heats up. Beijing defends drawing up blacklist and FedEx probe as defence minister joins dispute

Too many unknowns leave China traders with no clue on stocks. How to put a price on a full-blown trade war has emerged as the key challenge for China's stock investors.

US stock-index futures slid after China's government blamed the US for the latest collapse in trade talks.

Pick your poison: For Fed, it's higher inflation or an inevitable return to QE. The Great Recession ended a decade ago this month, but for the US Federal Reserve, the fallout has posed an era-defining choice: Either jolt Americans to expect higher inflation, or keep the printing press ready for the next economic slide.

The Federal Reserve is convening experts to discuss overhauling how the world's most powerful central bank manages the US economy.

INDOFOOD Sukses Makmur has raised its buyout offer price for Indofood Agri Resources (IndoAgri) to 32.75 Singapore cents per share from 27.75 Singapore cents previously, the mainboard-listed company announced in a bourse filing on Sunday.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR

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