-
War and New Tariff Threat Strengthen the US Dollar
While what has been dubbed China Shock 2.0 as the Chinese model moves into higher value-added goods, the most immediate challenge facing investors is the double shock from the US in the form or tariffs and war. And both are impacting the capital markets today. More clashes between the US and Iran have been reported, which are underpinning oil prices and lifting bond yields. At the same time, the US is threatening new tariffs of at least 10% on imports from 60 trading partners over how goods allegedly from forced labor are handled. This levy would ostensibly apply to Canada, Mexico, the EU, Taiwan, and UK, while ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From statcan.gc.ca|9 hr ago|2 commentsThe labour productivity of Canadian businesses fell 0.5% in the first quarter, after edging down in the previous quarter (-0.3%). The decline in the first quarter reflects the ...
From prnewswire.com|9 hr ago|12 commentsPrivate sector employment increased by 122,000 jobs in May and pay was up 4.4 percent year-over-year according to the May ADP National Employment Report® produced by ADP Research ...
From investinglive.com|10 hr agoGold is again on the backfoot as yet another rally on optimism gets faded. Tonight, Iran's IRGC launched a wave of ballistic missile attacks targeting US military bases across the ...
-
- Newer Stories
From finance.yahoo.com|8 hr ago|3 commentsUnderlying dollar strength pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on alert for ...
From @MaceNewsMacro|8 hr ago|1 commentFED GOV BARR/COMMUNITY BANKERS: FFR ‘IN GOOD PLACE’ NOW BUT MIGHT HAVE TO HIKE RATES IF INFL PERSISTS ; RISKS ON BOTH SIDES; FOR NOW POLICY IN GOOD PLACE #Barr #FederalReserve #economy FED GOV BARR/COMMUNITY BANKERS ‘WE WANT TO BE SURE BEFORE WE TAKE OUR NEXT STEP;’ INFLATION DRIFTING HIGHER, MUST GET BACK TO 2% #Barr #FederalReserve #economy
From pmi.spglobal.com|8 hr agoMay’s S&P Global PMI survey of US private sector companies signaled a slower, and only marginal expansion of business activity. Softer growth was linked to the impact of rising ...