Trump threatens to raise tariffs on China.


Trump threatens to raise tariffs on China U.S. President Donald Trump increased pressure on China over the weekend, threatening to raise a 10% tariff on $200 billion in goods to 25% on Friday and adding that an additional $325 billion in goods could potentially be subject to tax. Donald J. Trump✔@realDonaldTrump · 18h For 10 months, China has been … Continue reading Trump threatens to raise tariffs on China.

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ECB remains on high alert – ING


Carsten Brzeski, chief economist at ING, explains that the content of the ECB’s introductory statement and the ECB’s assessment of growth and inflation outlook had remained basically unchanged from the March meeting, as the bank remains on high alert. https://youtu.be/kXFj4khfaL8 Key Quotes “The main interest was on whether the ECB would give away any new details of … Continue reading ECB remains on high alert – ING

Why the focus is on the Treasury yield curve by Felix Oluoch Fx


Why the focus is on the Treasury yield curve by Felix Oluoch Fx US 10 year Treasury yields touched a 14-month low in late March as concerns mounted regarding the trajectory of the Federal Reserve. This article is for you if you have been reading about the inverted yield curve in US Treasuries, but haven't really understood what it … Continue reading Why the focus is on the Treasury yield curve by Felix Oluoch Fx

Dollar Finds Footing as Sterling Slumps Ahead of Fresh Brexit Vote


The U.S. dollar jumped against its rivals Thursday, shrugging off data pointing to a slowing domestic economy, as a tumble in the pound offered support. U.K. lawmakers are now set to vote on part of the prime minister's Brexit deal after yesterday's voting bonanza on a range of options for Brexit all failed to break … Continue reading Dollar Finds Footing as Sterling Slumps Ahead of Fresh Brexit Vote

Top 5 Things to Know in The Market on Wednesday


1. U.S. Futures Edge Lower, Yield Curve Stays Inverted U.S. stock index futures pointed to a cautiously lower open, with investors keeping their eyes on movements in the U.S. Treasury market, where the yield curve remained inverted for the fourth consecutive session. At 5:55 AM ET (9:55 GMT), the blue-chip Dow futures were down 42 points, or … Continue reading Top 5 Things to Know in The Market on Wednesday

Yen gains as global economic worries drive risk aversion


TOKYO (Reuters) - The yen gained against its peers on Monday, touching a six-week peak versus the dollar, as fears in markets of a global economic slowdown fueled demand for the Japanese currency. The yen, a perceived safe-haven which attracts demand times of market turmoil and political tensions, was 0.15 percent higher at 109.79 to … Continue reading Yen gains as global economic worries drive risk aversion

Brexit delayed: British PM May requests three-month extension


LONDON (Reuters) - Prime Minister Theresa May requested a three-month delay to Brexit on Wednesday after her failure to get a deal ratified by parliament left the United Kingdom's divorce from the European Union in turmoil. Nearly three years the United Kingdom voted to leave the European Union and nine days before the formal exit … Continue reading Brexit delayed: British PM May requests three-month extension


Things to Know in The Market on Wednesday © Reuters. Investing.com - Here are the top five things you need to know in financial markets on Wednesday, March 20 1. Markets Await Fed Announcement, Powell The Federal Reserve is not expected to take action on interest rates at the conclusion of its two-day policy meeting … Continue reading

The pound is on the move to give away some recent gains, potentially heading to 1.3050 area to USD


The pound is on the move to give away some recent gains, potentially heading to 1.3050 area to USD. British Parliament voted to send Theresa May to Brussels to ask for a Brexit respite. This step should also be considered as an attempt to buy some time to increase the number of her supporters. At the same … Continue reading The pound is on the move to give away some recent gains, potentially heading to 1.3050 area to USD

U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices


A key measure of underlying U.S. inflation unexpectedly eased in February amid falling prices for autos and prescription drugs, giving the Federal Reserve more room to stick to its plan for being patient on raising interest rates. Excluding food and energy, the so-called core consumer price index rose 0.1 percent from the prior month and … Continue reading U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices

Wall Street’s major indexes slumped on Monday after a weak U.S. construction spending report


Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 25, 2019. REUTERS/Brendan McDermid Wall Street's major indexes slumped on Monday after a weak U.S. construction spending report, as investors took advantage of optimism over a U.S.-China trade deal to lock in profits after the market's strong run … Continue reading Wall Street’s major indexes slumped on Monday after a weak U.S. construction spending report

Dollar goes Higher as because of strong GDP, China Bounce gives positiveness


Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid The dollar is drifting higher against other major currencies in early trading in Europe Friday, after a broadly upbeat reading for U.S. gross domestic product was followed by a surprise bounce in Chinese factory … Continue reading Dollar goes Higher as because of strong GDP, China Bounce gives positiveness

U.S. futures pointed to a lower opening


© Reuters. Investing.com – U.S. futures pointed to a lower opening bell on Wednesday after disappointing earnings results in the prior session and after Federal Reserve Chair Jerome Powell reiterated that the central bank is taking a more cautious approach to monetary policy. The U.S. economic outlook is “generally favorable” but headwinds from abroad could … Continue reading U.S. futures pointed to a lower opening