Forex news for NY trading on April 12, 2018. In other markets, a snapshot shows: In other markets today the snapshot near the end of the day is showing: – Spot gold is trading down -$18.32 or -1.35% at $1335.03. A higher dollar has helped the price action today
US President Trump met with his national security team on Syria on Thursday – “No final decision has been made” the White House said in a statement – “We are continuing to assess intelligence and are engaged in conversations with our partners and allies,” the statement said, adding that Trump would speak later on Thursday…
Japan Business Federation (Nippon Keidanren) says the country should consider raising the tax above 10% Bloomberg with the headline – nothing more at this stage
Japanese politicians are remarking on overnight developments, mainly on the Trans-Pacific Partnership (TPP) Foreign minister Kono: – Would be happy if the US came back to TPP Japan Economy and Trade minister Seko:
US media reports Michael Cohen, President Trump’s personal attorney, sometimes taped conversations – The cites “according to three people familiar with his practice”. Now there are worries that recordings seized by federal investigators in a raid of Cohen’s office and residences earlier this week might contain some with the President.
This via an NBC update, the media organisation quoting three sources familiar with the investigation: the findings Mueller has collected on Trump’s attempts to obstruct justice include:
US Commerce Secretary Ross says the Unite States is committed to fostering the prosperity of the Americas region This is, of course, in reference directly to NAFTA discussions as well as developments in Latin America more broadly. All against a background of the trade dispute with China.
US to detail tariff list on $100 bln imports from China as early as next week – Trump White House planning to ratchet up the pressure on China – focusing on new tariffs according to officials familiar with the strategy says the Wall Street Journal
The report said to be on the Dow Jones service that the White House plans to escalate trade pressure on China I haven’t seen the report elsewhere, and nothing further at this stage
Reuters report on signs of a softening in trade barriers talk, citing two (unnamed) Brazilian officials who participated in a US-Brazil meeting – U.S. government has proposed a quota for tariff-free imports of Brazilian steel