Another headline from Freeland It’s all getting a little bit repetitive. Tell us what we want to know. ForexLive
There’s something to look forward to Trump threatened tariffs on all of China’s exports to the US today and he could put on $200 billion at any moment. Somehow the market doesn’t seem to care.
The Fed’s Kaplan with more comments Ho-hum stuff but we’ll watch out for more. ForexLive
New Zealand dollar shorts were the best trade this week It hasn’t been a pretty picture for the New Zealand dollar over the past few months. In April, NZD/USD was trading at 74-cents but it’s lost nearly 12% since and is now at the worst levels since February 2016.
Weekly drilling rig data from Baker Hughes ForexLive
Trump on Japan If we do not make a deal with Japan, they know it will be a big deal. Yesterday, he made comments to the WSJ hinting that trouble was coming in their trading relationship.
Stocks fall Trump headline says: I guess he has his eyes on $467B in total (it is hard to keep track). The USDJPY has moved lower on the headline and is backing away from the resistance area defined in , against the 100 and 200 hour MA and 61.8% (and underside of trend line).
Miller was 26 Terrible news as Mac Miller found dead in his home just before heading out on a tour. Drugs are taking far too many people. Young rappers especially are glorifying drug use. Miller had been addicted to lean earlier in his career but had said he quit it in 2012.
Trump stepping up the rhetoric Speak on Air Force 1, Trump is talking tariffs. The US comment period on $200 billion of proposed tariffs ended yesterday. That would basically cover all the imports from China that aren’t already covered.
Forex news for NY trading on September 7, 2018 In other markets: – Spot gold is down -$3.39 or -0.29% at $1196.50 – WTI crude oil settled the week at $67.75. The US stock indices ended the day lower today. European shares were mostly lower although the German Dax and France Cac ended the day…