Reuters with the report: I gave a heads up on this two days ago. Let’s see what results. The impact on ‘risk’ of further trade tension escalation will be blunted somewhat by the moves in currencies overnight on Dr. Draghi. Maybe stocks are vulnerable though.Details
Forexlive Americas FX news wrap: ECB/Draghi fail to convince the market that the EU has turned the corner.
Forex news for NY trading on June 14, 2018 In other markets, the snapshot shows: – Spot gold is is up $3.14 or 0.24% at $1302.43 – futures were up $.35 or 0.51% at $67 IN the , price action was mixed. The Nasdaq was the strongest. The S&P rose modestly. The Dow fell modestly.…Details
Italy’s new agriculture minister said on Thursday that he would not ratify the European Union’s free trade agreement with Canada Agriculture Minister Gian Marco Centinaio:Details
A combined BNZ / BusinessNZ survey 54.5 in May – April was 59.1, revised from 58.9 The result showing a slowdown in May and still at strong levels of expansion.Details
There will be more to come on this, but the gist of it hitting the headlines Citing unnamed sources — So, if similar to the preliminary list then not an escalation. Still, Trump not backing down on China … China retaliation announcements will come, most likely in the hours ahead.Details
This seems to have slipped under the radar with the focus on the ECB and Draghi overnight. German Chancellor Angela Merkel in a clash over migration policy with an allied partyDetails
It is going to be no surprise that China will retaliate against the latest: And, wires carrying headlines to that effect. But …. there is no announcement so far despite the headlines.Details