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[Reuters] World stocks slip for third day as trade, emerging market worries bite [Reuters] Dollar edges higher on escalating global trade tensions [Reuters] Turkey’s central bank promises action after inflation surges to 18 pct [Reuters] Factories feeling the pinch from escalating trade conflict [CNBC] Another weak data point shows China’s economy is ‘now facing relatively […]
[Reuters] Trump says Canada not needed in NAFTA deal, warns Congress not to interfere [Reuters] May stands firm on her Brexit plan, but scepticism persists [WSJ] Trump Says ‘Canada Will Be Out’ Without ‘Fair Deal’ on Nafta [FT] Bond market faces Italian debt supply test [FT] Europe’s nationalists are on the march
[CNBC] September is always a tough month for stocks but this year there are even more hazards [Reuters] China Party journal warns of trade war’s impact on financial stability [BloombergQ] Trump Doubles Down on Donald Trump: John Micklethwait [WSJ] U.S., Canada Pass Friday Deadline With No Nafta Deal
I’ve been here before and, candidly, it’s not much fun. Lodged in my mind this week was the brilliant quote from the 19th century German philosopher Arthur Schopenhauer: “All truth passes through three stages: First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident.” It’s fascinating how it all works. […]
[Reuters] Global shares extend falls on Trump trade threats [Reuters] Italian bond market on edge ahead of ratings verdict [CNBC] ‘Urgency’ for Asia Pacific mega trade deal as the US mulls $200 billion tariffs on China [Reuters] Trump tweets are ‘messages from some alternative universe’: China Daily [BloombergQ] Trump Says He Has No Regrets Over […]
This week we review the 3% range that the US Dollar index has been moving within, alongside a similar 3% range that gold has been in. We’ll look at the price movements of silver, platinum, & palladium including the gold to silver ratio. Will the Fed hike rates in September? Trump and Jerome Powell have […]
[Reuters] Stock market’s advance grinds to a halt on China concerns [CNBC] Turkish lira sinks after reports that a key central bank member could resign [CNBC] Argentina’s currency crashes to an all-time low as it asks the IMF for emergency funds [Reuters] U.S. consumer spending increases strongly; inflation rising [BloombergQ] Emerging-Market Carry Traders Have Their […]
[Reuters] Global stocks slip as uncertainty over NAFTA nags [Reuters] Turkish bank bonds fall after Moody’s warning, FinMin comments [Reuters] Italian bond yields fall on report govt may ask ECB for support [Reuters] Canada, U.S. set for second day of NAFTA talks amid growing optimism [Reuters] U.S. second-quarter GDP growth revised up to 4.2 percent […]
