Catch up on the latest trends and updates in the financial and forex markets with our daily blog posts. We break down key movements, currency changes, and market shifts, giving you a clear picture of what's happening in real-time. Stay on top of the news and get the info you need to make smart financial decisions.
Overnight Indonesia secured a trade deal with the USA, following other Asian giants, China and Vietnam. The deal is agreeing to a carte blanche 19% tariff, on all exports to the USA, while opening their market to US exports.
Read more →European equity markets dipped on the news, that tariffs will increase by 30%, effective 1st of August. The EU reacted by increasing efforts to negotiate a trade deal, with the USA, but quietly building a contingency plan.
Read more →Trump added Canada to the list of recalcitrant Countries, announcing a blanket 35% tariff on all exports to the USA, which seemed to dispel the markets TACO theory. This followed the letters sent to many Asian Countries and others, announcing allocated tariffs margins, commencing August 1st.
Read more →Markets are shrugging off the apparent global trade war, largely ignoring imposition and increases in tariff levy’s, even inventing the term ‘TACO’ trade.
Read more →The Fed Minutes were released overnight and they pointed to easing on the way, with reservations over the effect of the Administrations trade/tariff policy. Trump issued a 50% tariff on copper products and threatened a 200% tariff on pharmaceutical imports.
Read more →Markets absorbed the ever-changing dates, rules and margins, of US trade and tariff policy. The constant threats and moving goalposts, are becoming tiresome and markets are building immunity. Trump changed the deadline from July 9th to August 1st and rate variations from 10%, to 48%.
Read more →US equity markets opened the week with dramatic losses, triggered by the US trade war, escalating to new levels. Trump jumped the gun on the July 9th trade deadline, losing his patience with negotiations and sending out letters to 7 nations.
Read more →A subdued trading session Friday, to close out an action-packed week of gains on US equity markets, as America celebrated their Independence Day holiday. A tumultuous week dominated by trade, US legislative action and fears over the US labour market.
Read more →Concerns over the US labour market were dispelled overnight, as US Non-Farm Payrolls beat expectations. The downside to the good news, is that the Fed will be less likely to cut rates, as advocated by the Whitehouse.
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