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[BloombergQ] Trade War Hits Trump Heartland as China Targets Farms, Mines [Reuters] China state media attack U.S. tariffs, leave scope for negotiation [Reuters] At odds with Trump over trade, Canadians say they will avoid U.S. goods: poll [CNBC] Russia, Saudi Arabia are getting increasingly chummy, and that has big implications for OPEC and oil prices […]
[Reuters] Wall Street sinks as China trade spat intensifies [Reuters] Simmering trade tensions set stocks up for weekly loss [BloombergQ] Emerging-Market Strains Deepen With Argentina in Tantrum [Reuters] Euro heads for worst week in 19 months on ECB’s cautious stance [Reuters] Trump sets $50 billion in China tariffs with Beijing ready to strike back [CNBC] […]
A big week in the world of monetary management: The Federal Reserve raised rates 25 bps, the ECB announced plans to wind down its historic QE program, and the Bank of Japan clung to its “powerful monetary easing” inflationist scheme. A tense People’s Bank of China left rate policy unchanged, too weary to follow the […]
This week we discuss the FED rate hike, recapping how the markets reacted, including gold, silver, the DOW, the US Dollar Index, platinum, palladium, oil, & more. Gold has consistently rallied after each rate hike the last few years and it looks to be following a similar pattern thus far. The gold to silver ratio […]
[BloombergQ] Stocks Advance, Euro Falls After ECB Rate Pledge: Markets Wrap [Reuters] Euro tumbles as ECB vows to keep rate down [Reuters] ECB to end bond buys, keep rates steady through next summer [Reuters] U.S. retail sales post biggest gain in six months [Reuters] China urges U.S. to make ‘wise choice’ ahead of tariffs decision […]
[Reuters] World stocks capped by trade war concerns, central banks [Reuters] U.S. producer prices rise more than expected in May [CNBC] The Fed is hiking rates Wednesday, but here’s what else you need to know [BloombergQ] Fed’s Rate-Hike Path Should Remain a Close Call [BloombergQ] Gundlach Says Rising Rates and Deficits Like `Suicide Mission’ [BloombergQ] […]
Market Creep? Mortgage rates move from 3% to almost 5% European Central Bank exercises painful political persuasion with Italy Can Bank of Japan’s unlimited liquidity float the whole world? The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Are we going to see the Fed walk the talk? Are we going to see the […]
[BloombergQ] Dollar Steady, Stocks Drift After Inflation Data: Markets Wrap [Reuters] Yields rise before expected Fed rate increase [Reuters] Historic Trump-Kim summit ends with promise, light on substance [Reuters] Trump surprises with pledge to end military exercises in South Korea [Reuters] Consumer prices jump 2.8 percent for biggest increase in more than six years [BloombergQ] […]
