US and China will not likely reach a trade deal this year, says former ambassador
The latest escalation in tensions between the U.S. and China has reduced the chances that both sides could reach a trade deal this year, a former American diplomat said on Monday. Negotiations between Washington and Beijing appeared to be progressing...
RBA Preview – Pausing (Not Ending) after Two Consecutive Rate Cuts
Following two consecutive rate cuts, RBA is widely expected to leave the cash rate unchanged at 1% in August. Incoming economic data since the last meeting have also supported the pause. Yet, given the aggressive target in the longer-term unemployment...
Shares of HSBC fall more than 1% after news that CEO John Flint will be stepping down
John Flint, chief executive officer of HSBC Holdings, at the World Economic Forum (WEF) in Davos, Switzerland on Jan. 24, 2019. Jason Alden | Bloomberg | Getty Images Shares of HSBC, Europe’s largest bank by assets, fell more than 1%...
Trump reportedly overruled advisors in decision to slap tariffs on remaining Chinese imports
President Donald Trump listens to a question from the news media as he sits behind the Resolute Desk in the Oval Office of the White House in Washington, July 26, 2019. Leah Millis | Reuters President Donald Trump overruled the...
Defrauded students are still waiting for debt forgiveness from Betsy DeVos
File photo of an ITT Technical Institute campus in Anaheim, California. Susan Goldman | Bloomberg | Getty Images When Morgan Marler’s 5-year-old daughter, Lilian, asks her why she doesn’t work anymore, Marler doesn’t know what to say. “I can’t explain...
Traders are betting big on a sudden drop in stocks and it’s starting to pay off
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Two words from Federal Reserve Chairman Jerome Powell and one tweet from President Donald Trump turned the market upside down rapidly this week. Some traders...
Abrupt Trade War Escalation Overshadowed Fed’s Cut, Yen and Franc Jumped
The abrupt escalation of US-China trade war overshadowed Fed’s rate cut last week. As the trade talks in Shanghai yielded no constructive result, Trump announced to impose 10% on USD 300B in Chinese imports, effective September 1. The list include...
Weekly Economic and Financial Commentary: Fed Cuts, Trump Tweets
Fed Cuts, Trump Tweets The Fed cut rates this week for the first time since December 2008, in a move widely anticipated by financial markets. Powell termed the move a “mid-cycle adjustment” but also indicated that the Fed was not...
The Weekly Bottom Line: The Fed is Not Done Cutting Rates
HIGHLIGHTS OF THE WEEK United States Financial markets plunged after mixed messaging by the Federal Reserve, and later a 10% tariff on all remaining imported Chinese goods was announced to take effect in September. The Federal Reserve cut its policy...
Week Ahead: Trade War, Central Banks and Key Data
The week ahead features interest rate decisions from two major central banks, as well as several potentially market-moving data from around the world. But after US President Donald Trump brought trade tensions back to the boiling point this week, sentiment...
Signal2forex.com - Best Forex robots and signals




