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In-depth: Global market wrap-up
39 Views • Oct 07, 2019
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And for that, I'm joined on the line by Mr. Daniel Yoo, global strategist at Yuanta Securities.
Mr. Yoo, thank you for coming on today.
Thank you.
This week, we're supposed to see another round of high level trade talks between the U.S. and China. That'll have a significant bearing of course on the direction of stocks. We've seen some big swings in recent days. How's it looking out there?
US China trade talk on 10~11th
Kudraw. Trump says surprise deal can be announced. So far, not many believe on what trump says... I expect small deal possible.
The OECD and others are looking at a new paradigm for international taxation. This is to update the system that's been used for so long, and a major part of it is dealing with the fact that companies have a large digital presence where they don't have a physical one. What are the changes they're looking at and why?
The current debate is not about tax avoidance or existence of stateless incom. It is rather about the division of tax rights among countries who consider that their citizens contribute to the profits made by some digitally focused companies, even if they do so via unconventional means. Conflicting perspectives among supranational standard setters. Oecd Europe conflicting views. Movement unilateral tax measures.
In addition to the U.S.-China trade talks, what else do we need to be watching this week?
Meeting minutes from Fed and ECB will be released. Monetary policy. Inflation
measures will be released. Michigan consumers sentiment measures. Uk GDP figures. German factories numbers..
Alright, Mr. Yoo. That's where we're going to have to leave it today.
Thank so much for coming on, as always.
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