German retail sales and CPI
Financial Markets Feeling the Strain of A Breakdown in International Trade Relations
May 31, 2019
President Trump is imposing a tariff on all U.S. imports from Mexico in retaliation of that country’s failure to contain the flow of migrants crossing into the United States. China is ramping up its response to President Trump’s recent protectionist acts against Chinese exports and especially the action against Huawei. U.S.-EU trade talks also have […] More
Dollar and Equities Strengthening on Final Day of April
April 30, 2018
The dollar shows overnight gains of 0.6% against the kiwi and peso, 0.5% versus the Australian dollar, 0.4% relative to the euro and sterling, and 0.3% vis-a-vis the yen, loonie and Swiss franc. The Japanese and Chinese markets were closed today for Showa Day and Labor Day, respectively. Markets in China will remain shut tomorrow […] More