US president-elect Donald Trump is promising to pull the US out of the international trade Trans-Pacific Partnership, known as TPP. This promise was released in a video just hours after Japan's prime minister, Shinzo Abe, warned that the TPP would be "meaningless" without US participation. Seijiro Takeshita, Professor of Management and Information at the University of Shizuoka, joined Share Radio Breakfast to give a take from Japan.
Jack Sommers of the Huffington Post joined Share Radio Breakfast to round up the latest political headlines. Jack looks ahead to the Autumn Statement, whilst also giving his take on Theresa May’s CBI speech. There are reports of a Richard Branson move against Brexit and a suggestion by Donald Trump that Nigel Farage should be the UK ambassador to the United States.
Ryan Heath, Senior EU Correspondent and Associate Editor at Politico Europe, joined Share Radio Breakfast to give his take on the latest news in European politics. Barack Obama is on a trip to Europe, most recently visiting Berlin, where he spoke about Brexit. There’s also talk about a new role for Angela Merkel, whilst Ryan discusses Trump's Wall Street government.
Federal Reserve chief Janet Yellen has insisted she will serve her full term until 2018, despite criticism of her and Fed policy by president-elect Donald Trump. However, while Ms Yellen may be staying put, Fed-watchers fear the next President could still remake the organisation in his own image with vacancies on the FOMC board waiting to be filled. Robert Van Egghen spoke to editorial fellow at the Peterson Institute and former Federal Reserve correspondent at the Wall Street Journal, Pedro da Costa, to find out how much of a threat Trump poses to the Fed's independence.
A US interest rate rise could come "relatively soon" according to Federal Reserve Chair, Janet Yellen. Speaking to the Joint Economic Committee, Yellen signalled she was confident that jobs data and inflation would continue to support plans for a rate rise, with some analysts expecting one as soon as December. But is this the right time, so soon after the US election and with President-elect Trump's policies still uncertain? Matt Cox spoke to Colin Cieszynski, Chief Market Analyst at CMC Markets Toronto, to find out more.
While Donald Trump won't assume power for another 65 days, markets are already betting that a Trump presidency means higher inflation and interest rates. The Federal Reserve has been trying to get inflation up towards its 2% target for years and now the president-elect could help them achieve this goal. Share Radio’s Robert Van Egghen has been speaking to Brett Ryan, Senior US Economist at Deutsche Bank, about the forecast for the Trump administration.
Seijiro Takeshita, Professor of Management and Information at the University of Shizuoka in Japan, joined Share Radio Breakfast to bring his weekly round up from east Asia. One week on, has Japan resigned itself to a President Trump? And Japan's economy grew more quickly than expected in the third quarter, but how accurate is this data?
When it became apparent six days ago that Donald trump was to become president elect, we were preparing for another day of post-EU referendum volatility. There was movement but it was muted, as traders responded to the statesmanlike tone of Trump’s victory speech. So what was the take from a traders perspective? Randy Frederick, MD of Trading and Derivatives at Charles Schwab, joined Share Radio Breakfast to offer an insight.
As Donald Trump prepares to assemble his economic team, markets are rallying in expectation of a new period of fiscal stimulus. However, with Republicans in Congress set on strict deficit reduction targets, Mr Trump may be unlikely to achieve his policy pledges, including $1trn worth of spending on infrastructure. Robert Van Egghen has been speaking to Jim O'Sullivan, Chief US Economist at High Frequency Economics, who explained why the Republican party could stop Mr Trump from fulfilling his spending promises.
Trump has been clear about his views on immigration and nationalism. But what does the new US President-elect feel about the tech sector? Shares may have generally rallied on Wall Street, but those in tech firms kept falling. So, with the US being home to tech giants of Silicon Valley, is Trump trouble for tech or a potential boost for the industry? To find out more, Matt Cox spoke to tech consultant Chris Green.