U.S.-Chinese trade dispute
Euro, Sterling and Sovereign Debt Yields Down but Stocks and Oil Strengthen
June 27, 2018
A signal of a less provocative U.S. stance against China on trade lifted share prices today in Europe and North America. Asian equities had earlier fallen further. The Dow is up a tad more than 1.0%, and stocks have risen by 1.5% in France and Germany, 1.2% in Italy, and 1.2% in Great Britain. Japan’s […] More
Market Focused on Russia, China and Hungary
April 9, 2018
Amid concern over the impact of economic sanctions against Russia, the dollar has appreciated 3% against the ruble, and Russian equities plunged some 11% today. Facebook CEO Mark Zuckerberg will be testifying before Congress tomorrow and Wednesday. Expectations about how trade tensions between the United States and China get resolved continue to see-saw day-by-day, if […] More
U.S. Jobs Day but That’s Been Overshadowed by Re-escalating Trade Tensions
April 6, 2018
Forecasters anticipate the U.S. March labor market data will show creation of almost 200K jobs, a further small dip in the unemployment rate, and a pickup of hourly wage earnings growth. Share prices and commodity prices fell overnight in response to fresh concern that the U.S.-Sino trade dispute cannot be negotiated away. President Trump has […] More
