President Trump signed an executive order yesterday, sanctioning Turkish officials, hiking tariffs on Turkish steel up to 50% and “immediately” halting trade negotiations with Turkey.
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The US House of Representatives passed legislation yesterday in support of Hong Kong, with China expressing “strong indignation” over the actions.
Over the weekend, President Trump expressed his hopes the US-China trade agreement could be signed at the Asia-Pacific Economic Cooperation meetings taking place in Chile in mid-November.
The FOMC begins their two day meeting this morning as most market players expect the US central bank to lower interest rates tomorrow by 25 bps.
The Federal Reserve expectedly lowered rates 25 basis points to 1.50-1.75, however the dollar sunk following the subsequent comments from Fed Chairman Powell who stated...
US non-farm payroll will be the major focus this morning as traders await the release of the August number at 8:30 am EST.
The Federal Reserve’s move, reducing the fed funds for a second time in two months, has left markets without a clear direction on interest rates.
Over 200 leaders will be in NYC this week for the General Assembly meetings.
The U.S. House of Representatives will begin the impeachment process, but the ultimate decision to impeach the President lies with the Senate...
House Democrats have begun an impeachment inquiry regarding President Trump’s conversations with Ukraine’s president, involving former Vice President Joe Biden’s son.