The US Commerce department expanded the trade blacklist of Chinese companies and also imposed visa restrictions on Chinese government officials.
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Daily Brief
Daily Brief
According to a survey from the National Association for Business Economics, the risk of US recession is rising, and the main threat to the economy is the ongoing trade war.
Daily Brief
USD remained under pressure as poor economic releases caused another sell-off in the US equity market, which have fallen more than 800 points in the last two days.
Daily Brief
Despite the recent political drama in the United States, the greenback remained well supported by growing optimism over a possible resolution of the prolonged US-China trade disputes.
Daily Brief
Trade talks between the US and China will continue. As it stands now, the US wants China to commit to larger grain purchases, while the Chinese want to roll back the next set of tariffs expected to take place on December 15th.
Daily Brief
Fed Chairman Jerome Powell testified yesterday in front of the Congressional Joint Economic Committee and, as expected, had good things to say about...
Daily Brief
There were conflicting comments by US trade representatives after yesterday’s comments by the Chinese Ministry of Commerce spokesman, Gao Feng.
Daily Brief
The US market will focus on ISM Manufacturing Index for October.
Daily Brief
After closing out Friday over 300 points higher, based on the surprising NFP number, DOW Futures are indicating a higher opening later this morning.
Daily Brief
Non-farm payroll is the highlight today with the consensus for October being 75,000 jobs created according to Dow Jones...
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