New Overnight Developments Abroad - Daily Update
Share Prices Down as U.S. and China Exchange Mutually Destructive Tariff Threats
May 9, 2019
It’s crunch time in the U.S.-Sino trade negotiations, and investors are hedging against the worst. The dollar climbed 0.6% against the yuan overnight. The price of Comex gold firmed another 0.2%, while WTI oil slid 0.3% and under $62. The 10-year U.S. Treasury yield popped higher after a poorly received Treasury auction yesterday but then […] More