May 17, 2019 Trade continued to dominate headlines this week as China struck back with retaliatory tariffs on $60 billion of U.S. goods, effective on June 1st. This will impact more than 5,000 products and will increase the tariff level from a range of 5-10% to a range of 20-25%. China’s announcement comes on the…
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May 10, 2019 China dealt a blow to markets as it sought to renegotiate a draft trade agreement that the U.S. and investors had come to believe was a “done deal”. The proposed trade agreement began unravelling last Friday night when diplomatic cables arrived in Washington from Beijing, making significant edits to previously agreed upon…
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May 3, 2019 A strong April jobs report managed to spark a rally on Friday, helping to offset investor disappointment by the Fed failing to signal a potential rate cut at this week’s FOMC meeting and as manufacturing figures missed expectations. Having been spoiled by the Fed’s accommodativeness this year, markets had added a rate…
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