-
Talking and Fighting in the Week Ahead
Equity markets and the US dollar closed last week and August on a firm note. Ahead of the weekend, the dollar rose to new highs for the year against the euro, Swedish krona, Norwegian krone, and the New Zealand dollar. While the next set of US and Chinese tariffs start September 1, the market is making the most of the lull. At the same time, US and Chinese officials probe each other to see if sufficient disruption has been felt to force concessions. Talking and fighting are not mutually exclusive, but China may not play by American baseball rules and wait for three strikes until you are out. The second abrupt end to ... (full story)