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Economy

Trade clashes between US-Canada-China, can it extend crossfire to other continents? Place meticulous hedges

Trade clashes between US-Canada-China, can it extend crossfire to other continents? Place meticulous hedges The US cyclical boost is not enough to warrant a change in the bearish dollar view unless global growth slows. A universal financial markets trade disarray head out by a worsening cross-boundary trade environment after the …

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Global geopolitical series: trump’s metal tariff plan brings EU to negotiating table

Global geopolitical series: trump’s metal tariff plan brings EU to negotiating table Earlier this month, President Trump announced 25 percent tariff on all Steel imports and 10 percent tariff on all Aluminum imports. While President Trump said that these tariffs are targeted to revive U.S. domestic Steel and Aluminum industries, …

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Philippine Central Bank unlikely to tighten monetary policy in near future

Philippine Central Bank unlikely to tighten monetary policy in near future The Philippine central bank kept its policy tools on hold today, consistent with market expectations. The Bangko Sentral ng Pilipinas maintained its interest rate corridor at 2.50 percent, 3.00 percent, and 3.50 percent and the reserve requirement ratio at …

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U.S. manufacturers’ business conditions record strong and accelerated recovery in March

U.S. manufacturers’ business conditions record strong and accelerated recovery in March U.S. manufacturers saw a strong and accelerated rebound in their overall business conditions in March. This was emphasized by the seasonally adjusted Flash Manufacturing PMI index that rose to 55.7 from February’s 55.3. The latest reading hinted at the …

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