Archive for May 10th, 2019

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