Foreign Exchange Insights and Next Week
Next Week
May 10, 2019
Central Banks: Monetary policy reviews planned in Mexico, Indonesia, Poland and Romania. Lane of the Bank of Canada and Bullock of the Reserve Bank of Australia will be speaking publicly. Events and Holidays: There’s a monthly Eurogroup meeting Thursday. Hong Kong will observe Buddha’s Birthday on Monday, and Friday is Norway’s Constitution Day. Scheduled U.S. […] More
New Overnight Developments Abroad - Daily Update
Tariff War
May 10, 2019
President Trump made good on his threat to lift tariffs on $200 billion of imports from China, and Beijing officials promise to answer in kind even as talks continue. Trump erroneously expects the U.S. economy to at worst react neutrally to an escalated tariff war, but that delusion only partly explains his likely motivation. The […] More