Trade deal. Nothing about free trade. USA leadership on issues weakening further. Better to pull out if you can't lead.
Stocks cemented their best weekly performance in months on Friday after President Trump and Chinese Vice Premier Liu He - in a replay of their joint press conference from April (where the two men announced that the two sides were 'close' to a deal, which would assuredly be reached within a brief time frame) - revealed that Washington and Beijing had agreed to what Trump described as a "substantial, 'Phase One' deal with China." Meanwhile, Treasury Secretary Steven Mnuchin said China tariffs that were set to rise next week will instead be delayed (Trade Rep Robert Lighthizer said Trump hasn't made up his mind about ... (full story)
tweet at 3:57pm: LIGHTHIZER SAYS TRUMP HAS NOT MADE A DECISION ABOUT THE TARIFFS THAT ARE SUBJECT TO GO INTO EFFECT IN DECEMBER
tweet at 3:48pm: NEW: Mnuchin confirms the tariff hike on 10/15 will not go forward tweet at 3:58pm: US Tsy Sec. Mnuchin: Have Fundamental Understanding On Key Issues, More Work Remains - US Will Not Sign An Agreement Until It Is On Paper - China’s Liu Has To Go Back And ‘Do More Work In China’ tweet at 4:01pm: US Tsy Sec. Mnuchin: To Evaluate Whether To Rescind China’s FX Manipulation Designation
tweet at 3:38pm: US Pres Trump: Have Come To Substantial Phase 1 Deal With China tweet at 3:44pm: US Pres Trump: Will Start Negotiating Phase 2 After Phase 1 Signed, May Be Phase 3 tweet at 3:49pm: [RTRS] - TRUMP SAYS WE ARE VERY CLOSE TO ENDING TRADE WAR tweet at 3:50pm: *TRUMP SAYS CHINA DEAL INCLUDES IP, FINANCIAL SERVICES, AG BUYS tweet at 3:56pm: US Pres. Trump: To Do A Formal Signing With Chinese Pres. Xi - Signing Could Happen At APEC Chile 2019 (Nov 16-17) - Says Not Expecting Deal To Fall Apart Over Next Few Weeks, ‘Though There Is A Possibility’ It Will
Federal Reserve Bank of Boston President Eric Rosengren renewed his case against further interest-rate cuts this year as a fresh spate of commentary from U.S. policy makers ...
GBPCAD reached our 500 pip objective today at 1.6800. I first wrote about this inverse head and shoulders pattern on September 9. At the time, GBPCAD was trading just below the ...
Three themes have dominated the investment climate: US-China tensions, Brexit, and the policy response to the disinflationary forces. None have been resolved, which contributes to ...