Posts Tagged ‘Trump’
Trump threatens China with increased tariffs
US DOLLAR The Dollar Index inched higher yesterday morning to 97.6 having declined on Friday’s jobs report as soft wage data overshadowed a strong non-farm payrolls print (+263,000) with the unemployment rate falling to 3.6%, a 50-year low. The Trump administration continued to raise the temperature in trade tensions with China yesterday, with top trade…
Read MoreTrump continues criticism of Fed monetary policy
US DOLLAR After a soft start to last week, the US Dollar finished strongly with the Dollar Index hitting a one-week high on Friday at 96.55. Thursday’s stronger than expected GDP data was the main catalyst after the Greenback had shown little reaction to relatively mundane comments from Fed Chair Jerome Powell. Comments from US…
Read MoreTrump comes up $4.3 billion short for wall funding
US DOLLAR The Dollar Index spent most of last week with a 97 handle but surrendered it before the weekend after US retail sales dropped the most since September 2009, prompting a flurry of growth downgrades for the coming quarters. Elsewhere, lawmakers appear to have avoided another government shutdown for the time being and more…
Read MoreHappy New Year!
What a year 2018 was; the royal wedding, never-ending summer sunshine, England’s fantastic world cup run, Trump trade wars, the worst year for stock markets in a decade, Theresa May surviving a no-confidence vote along with hearing the word ‘Brexit’ every other day… It’s not all doom and gloom as many in the media (and…
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