Good move President.
The U.S. government on Monday said it could slap additional duties of up to 100% on $2.4 billion in French imports of Champagne, handbags, cheese and other products, after concluding that a new French digital services tax would harm U.S. tech companies. The U.S. Trade Representative said its investigation found that the French tax was “inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies”, including Alphabet Inc’s Google, Facebook, Apple and Amazon. U.S. Trade Representative Robert Lighthizer said the U.S. government was also exploring ... (full story)
tweet at 8:31pm: CHINA'S YUAN OPENS TRADE AT 7.0420 PER DOLLAR VS LAST CLOSE AT 7.0409
tweet at 8:27pm: M4.7 #earthquake (#地震 strikes 57 km N of #Tokyo (#Japan) 9 min ago. Effects reported by eyewitnesses: https://t.co/krouOP0PMF
tweet at 8:12pm: US State Department Official: China Has Made False Accusations Of Foreign Interference In Its Sanctioning Of US NGOs In Hong Kong – RTRS
Jane Foley, senior FX strategist at Rabobank points out that according to CoreLogic data, house prices in Sydney rose by 2.7% m/m in November, marking its largest monthly rise ...
It took about 5 seconds this morning, maybe ten, to register that today's note was basically going to write itself. The home page of my go-to newspaper, the Financial Times, runs ...
The Australian Dollar is like all other assets dominated by US-China trade deal headlines, but this week a domestic issue likely to loom larger crept in even as those headlines ...