Online store only pays sales taxes in two states In all things Trump, there is hypocrisy. He’s launched a campaign against Amazon and says it doesn’t compete on a fair playing field because third-party vendors don’t pay sales tax in every state.
Comments from Williams on the economic outlook – Expect jobless rate to fall to 3.5% by next year – Above-trend growth doesn’t necessarily pose a risk at this time Williams upbeat, especially that comment about inflation.
CFTC commitment of traders highlights for the trading week ending April 3, 2018 SUMMARY: Overall, the net positions saw limited changes of net speculative positions.
Xi will certainly touch on trade The week ahead has plenty on the but with fear of a trade war dominating market sentiment, the Chinese response is key. economic calendar President Xi will have a chance to respond in a big way at the Boao Forum, which is Asia’s answer to Davos.
Bitcoin gains 5% on Saturday After falling near $6500 on Friday, Bitcoin once again found some relief on the weekend. The price rose above $7000 on Saturday after a strong early bid then tailed back to $6900.
Lula da Silva faces 12 year sentence After a brief standoff, former Brazilian President Lula surrendered today to serve a 12-year jail sentence for corruption.
China, inflation and NAFTA in focus Aside from the latest salvos from the White House in the trade battle with China, markets will have plenty of events to focus on in the week ahead.
Trump tweets, Kudlow talks Here’s a quick roundup of the latest: Meanwhile, Larry Kudlow continued to do the media rounds. – “We’re not gonna end up in a trade war” I don’t think any of this changes the sentiment in markets. Over time, it will improve if there’s less talk and rhetoric but if they’re…
Earlier headline is here: North Korea prepared to discus denuclearisation Via the Wall Street Journal now, citing US officials – – U.S. officials didn’t say when and how that assurance was delivered,
2230 GMT – Australia – PMI for the construction sector Australian Industry Group Performance of Construction Index (PCI) for March Last week we got the manufacturing and services PMIs from AiG, today’s completes the three for March. So far, all strongly in expansion: