Trade Turmoil
China has vowed to fight back against the Trump administration’s plans to impose tariffs on an additional $200 billion in Chinese goods, albeit with a subtle shift in tone and talks may still be on the table.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Economic Data Coming up in the European Session 13 July 2018
Gold Silver Reports (GSR) – Economic Data Coming up in the European Session 13 July 2018 — Equities in general are doing well, with the Nikkei leading gains up by 2% currently – and that’s continuing to keep yen pairs underpinned ahead of European markets open. There isn’t much on the data front to change the trading landscape so today it’ll be all about the ebb and flow – with Trump being in the UK, that should make for some fun headlines later on (not that it already hasn’t).
China’s USD Denominated June Trade Surplus With The US Was The Highest Ever Recorded
Reuters have run the numbers and have come up with that little factoid ✅ Highest ever for any one month ✅ Reuters basing it data back to …
Trump’s Turned Asia Junk Investors Into Nervous Nellies
Gold Silver Reports – Then there’s the collateral damage of his greenbackboosting, late-cycle fiscal stimulus, which is making investors worried about Asian currency weakness. Indonesian notes …
Trade War News : U.S. Moves Forward on Proposed $200 Billion China Tariff List
Gold Silver Reports (GSR ) – Trade War News : U.S. Moves Forward on Proposed $200 Billion China Tariff List — The 10 percent tariffs could take effect after public consultations end on Aug. 30, according to a statement from the U.S. Trade Representative’s office Tuesday. The proposed list of goods includes consumer items such as clothing, television components and refrigerators as well as other technology products, though it omitted some high-profile items like mobile phones.
US Stocks Cheered the Favorable Jobs Report and Ignored the Trade War
Trade war? What trade war? The US stocks cheered the favorable jobs report and ignored the trade war that started between the US and China at …
Japan May Preliminary Leading Indicator Index 106.9 vs 106.6 Expected
Gold Silver Reports (GSR) – The index is used as a reference to economic conditions, but most of the indicators used to make up the index has already been released individually – so there isn’t much of an impact on this release.
- Prior 106.2
- Coincident index 116.1 vs 116.1 expected
- Prior 117.5