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Trade concerns pummel global markets

Trade concerns continued pummeling global markets, even as U.S. officials brushed off concerns, the #MeToo movement claimed another corporate titan and Xiaomi aims high with its IPO. Here are some of the things people in markets are talking about. Trade Jitters Persist U.S. stocks slid following declines in Asia and Europe as Daimler …

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America’s roundup: Dollar drops off 11-month peak after weak philly FED data, Gold edges up, Wall street slumps, Oil falls as OPEC struggles for deal to raise output-june 22nd, 2018

America’s roundup: Dollar drops off 11-month peak after weak philly FED data, Gold edges up, Wall street slumps, Oil falls as OPEC struggles for deal to raise output-june 22nd, 2018   Market Roundup • OPEC strives for deal to raise oil output as Iran resists. • Fed’s Kashkari: Uncertain if …

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Europe roundup: Sterling rebounds from 7-month low following BOE Monetary Policy Committee rate vote surprise, Euro slumps to 11-month low on ECB villeroy’s comments, European shares tumble – Thursday, June 21st, 2018

Europe roundup: Sterling rebounds from 7-month low following BOE Monetary Policy Committee rate vote surprise, Euro slumps to 11-month low on ECB villeroy’s comments, European shares tumble – Thursday, June 21st, 2018   Market Roundup EUR/USD -0.42%, USD/JPY 0.02%, GBP/USD -0.47%, EUR/GBP flat DXY 0.43%, DAX -1%, FTSE flat, Brent …

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Asia roundup: Kiwi hits 6-month low on soft Q1 GDP, Dollar index at 11-month peak as U.S. treasury yields rebound, investors eye BOE policy decision – Thursday, June 21st, 2018

Asia roundup: Kiwi hits 6-month low on soft Q1 GDP, Dollar index at 11-month peak as U.S. treasury yields rebound, investors eye BOE policy decision – Thursday, June 21st, 2018   Market Roundup China warns Washington’s trade actions will hurt U.S. workers, farmers Iran may agree increase in OPEC oil output – minister …

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America’s roundup: Dollar hovers near 11-month high as trade concerns weigh, Wall street ends mixed, Gold slips,U.S. Crude jumps on stock draw, Brent slips ahead of OPEC meet-june 21st,2018

America’s roundup: Dollar hovers near 11-month high as trade concerns weigh, Wall street ends mixed, Gold slips,U.S. Crude jumps on stock draw, Brent slips ahead of OPEC meet-june 21st,2018   Market Roundup • Fed’s Powell says jobs market not too tight, repeats case for gradual rate hikes. • US May …

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The future of trade friction

Central bankers have seen the future of trade friction and don’t like it, OPEC’s wheeling and dealing is in full swing, and Mnuchin sends Trump a signal. Here are some of the things people in markets are talking about. Trade Brawls Worry Central Bankers The world’s most powerful central bankers warned that escalating international trade …

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Europe roundup: Sterling eases amid increasing Brexit negotiation concerns, Euro slumps on ECB policymaker ewald nowotny’s comments, European shares rebound – Wednesday, June 20th,2018

Europe roundup: Sterling eases amid increasing Brexit negotiation concerns, Euro slumps on ECB policymaker ewald nowotny’s comments, European shares rebound – Wednesday, June 20th,2018   Market Roundup EUR/USD -0.17%, USD/JPY 0.03%, GBP/USD -0.09%, EUR/GBP -0.11% DXY 0.02%, DAX 0.47%, FTSE 1.18%, Brent 0.61%, Gold -0.14% Germany Producer Prices YY, 2.7%, …

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Asia roundup: antipodeans rebound from recent lows, Dollar index at 11-month peak as risk aversion ebbs, Asian shares retreat from 4-month lows – Wednesday, June 20th, 2018

Asia roundup: antipodeans rebound from recent lows, Dollar index at 11-month peak as risk aversion ebbs, Asian shares retreat from 4-month lows – Wednesday, June 20th, 2018   Market Roundup White House piles pressure on China after Trump tariff threat U.S. Senate backers of ZTE measure will battle Trump over …

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“I don’t think we’re in a suicide pact”

Tensions are high the day after the U.S. and China took their trade dispute to the next level, though Goldman Sachs CEO Lloyd Blankfein doesn’t seem too worried and the PBOC is seeking to reassure investors. Here are some of the things people in markets are talking about. Trump Talks Trade War The world’s two biggest economies …

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America’s roundup: Dollar rise on latest U.S. tariff threat, Wall street ends lower, Gold down, Oil slips on u.s./china trade dispute, OPEC supply outlook-june 20th, 2018

America’s roundup: Dollar rise on latest U.S. tariff threat, Wall street ends lower, Gold down, Oil slips on u.s./china trade dispute, OPEC supply outlook-june 20th, 2018   Market Roundup • Trump threatens almost all imports from China • US May Housing Starts MM: Change, 5.0%, -3.7% previous. • US May …

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