Trump threatens higher tariffs on Canadian car imports, escalating trade tensions warned that the existing 25% tariff on Canadian car imports could be raisedpushing his […]
Trump admin says the EU fine on Meta and Apple will not be tolerated
A White House statement says that the European Union fine on Meta and Apple is a novel form of economic extortion and will not be […]
The big moves in the stocks continue. NASDAQ is the biggest gainer
After the major US stock indices tumbled on Monday with declines of -2.5% and greater, the last two trading days have seen solid gains. Today’s […]
What does a 60% drop in US imports from China look like?
Ryan Petersen from Flexport today highlights that it’s been 3 weeks since large US tariffs were put on China and that ocean container bookings are […]
Leavitt: There will be no unilateral reduction in tariffs against China
So we have the Treasury Secretary and White House spokeswoman saying this but she is also saying that it’s up to Trump on what the […]
China’s stance on US-China trade talks revealed; Doors open for negotiation
Eamon Javers from CNBC is reporting tha the Chinese embassy has issued a statement addressing U.S.-China trade negotiations, emphasizing the following points: China’s “doors are […]
ECB’s Knot: A US tariff of 25% on imports would lower GDP by about 0.3 pp
Tariffs would leave a persistent decrease in outputIn the near term, inflation might fall faster than March projections due to energy and uncertaintyGlobal supply chains […]
EURUSD breaks below 200 hour MA
The EURUSD has moved back below its 200-hour moving average, which currently sits at 1.13919. The initial break occurred during the Asian session following fresh […]
FOXBusiness Gasparino: Don’t expect China’s Xi to jump on the first offer on trade truce
Fed’s Garparino: This article was written by Greg Michalowski at www.forexlive.com.
Fed’s Goolsbee: Increase in productivity seeming to be a tech driven boom
Chicago Fed Pres. Goolsbee is speaking and says: Increase in productivity growth appears to be a technology driven boom This article was written by Greg […]