European stock market index futures point to a higher start on Friday as United States President Donald Trump resumes his working visit to the United Kingdom, which will include a meeting with the UK Prime Minister Theresa May in Chequers and an official greeting...
Is the negotiating table being dusted off? Was it a storm in teacup? Equity markets across Asia shrugged off yesterday’s post-tariff announcement weakness and are trading in the black through the Asian session. Nikkei225 rose 0.95%, Australian stocks rose 0.68% and even China shares managed...
Equity markets have recouped some of their losses today after the major sell-off yesterday.Bargain-hunters stepped into the fold this morning, but given the heightened tensions, the optimistic mood might be short-lived.Sky’s the limit for Sky shares as Comcast have upped their offer to 1,475p...
US announces list of next tariff targets The US close was looking hunky dory, with equity markets aiming for a higher close as there appeared to be a lull in trade war rhetoric, once the first salvos had been fired last weekend. Then BOOM! Headlines...
Overnight, Asian stock markets lost ground after President Trump lined up tariffs on $200 billion worth of Chinese goods.The levies won’t come into effect immediately, and there will be a two month review process, and a hearing in between 20 and 23 August. The...
The pound fell to the lowest level since November 3 as it hit a session low of 1.3195 on Tuesday as concerns of a trade war escalated after United States President Donald Trump threatened to introduce additional tariffs on $200 billion worth of Chinese...
The escalating US -Sino trade spat continues to attract the bulk of investor attention as it moves towards round two. Following an initial levy on $50 billion worth of Chinese imports, which prompted a retaliatory measure from China; round two has seen Trump look to up...
President Trump anchored the tensions further between the US and China (as if there was not already enough friction between them) on the topic of the trade war. Donald Trump is in full Tit for tat mod, he ordered his department to look for...
That was quick and sudden  reminding us just how quickly things can get right out of hand. On the back of Secretary of State Mike Pompeo mincing few words by branding China’s openness and globalisation as a joke, President Trump has asked the USTR to...
Bank of America Merrill Lynch Research discusses EUR/USD outlook and maintains a sell-on-rallies strategy."We remain bearish EURUSD and would sell any rallies. Looking ahead, we expect relative data, trade policy and developments in Italy to be the main EURUSD drivers.The ECB has effectively took itself...