Market News
Morning Commentary & Currency Insights – July 11, 2018
- July 11, 2018
- Posted by: Joey Benedid
- Category: Market News
No CommentsThe Dollar inched higher overnight but gains were capped as the US indicated that it would impose tariffs on an additional $200B worth of Chinese imports, furthering trade concerns. Trump will be meeting with NATO counterparts in Brussels today to discuss increasing military spend and trade. Trump has already called out Germany for not spending
Morning Commentary & Currency Insights – July 10, 2018
- July 10, 2018
- Posted by: Joey Benedid
- Category: Market News
The Dollar has rebounded during the overnight session as concerns regarding the immediate escalation of a trade war between the US and China has eased somewhat. After imposing this round of tariffs, Trump now turns his attention to NATO as he embarks on his upcoming European adventure. Trump will stop in Brussels to speak with
Morning Commentary & Currency Insights – July 9, 2018
- July 9, 2018
- Posted by: Joey Benedid
- Category: Market News
As we move into life after tariffs, markets seemed to shrug off any drastic immediate impacts that some analysts were fearing right out of the gate. On Friday the US imposed tariffs on China equaling $34B and China retaliated accordingly imposing its own tariffs. The Dollar continued its slide from the later part of last
Morning Commentary & Currency Insights – July 5, 2018
- July 5, 2018
- Posted by: Joey Benedid
- Category: Market News
With another holiday come and gone, North American trading gets back to business. Trade wars are on everyone’s mind as the stage is set for the US and China to throw massive $34B tariffs at each other on Friday with the US throwing slated to swing the first punch. A spokesman from China’s Commerce Ministry
Morning Commentary & Currency Insights – July 4, 2018
- July 4, 2018
- Posted by: Joey Benedid
- Category: Market News
Good morning and Happy Fourth! With the American holiday upon us, markets are expected to be slow today as trading has thinned out since the close of yesterday’s session. The Dollar limped into the holiday due to ongoing trade tensions as the deadline for the US to impose tariffs on Chinese imports is this Friday.
Morning Commentary & Currency Insights – July 3, 2018
- July 3, 2018
- Posted by: Joey Benedid
- Category: Market News
With the long weekend behind us, focus in Canada now shifts back to the markets as we gear up for dual jobs numbers at the end of a shortened week. A holiday interrupted week has the US quiet on the economic release front until we see the FOMC Minutes on Thursday. The Dollar Index is
Morning Commentary & Currency Insights – June 29, 2018
- June 29, 2018
- Posted by: Joey Benedid
- Category: Market News
As we look forward to the long weekend ahead, the Dollar Index slumps into Friday, down 0.46%. After US GDP missed expectations yesterday, US PCE Core looks to redeem the dollar after falling from highs earlier in the week we haven’t seen since last June. In Poloz’s speech earlier in the week, he mentioned that
Morning Commentary & Currency Insights – June 28, 2018
- June 28, 2018
- Posted by: Joey Benedid
- Category: Market News
The Dollar Index is slightly down today after seeing gains across the board yesterday. Trade tensions eased as the Trump administration backed off from a total ban on Chinese investment in US companies. Uncertainty remains though as Larry Kudlow mentioned that Trump’s announcement did not specify a softened stance on China. A summit for Trump
Morning Commentary & Currency Insights – June 27, 2018
- June 27, 2018
- Posted by: Joey Benedid
- Category: Market News
The Dollar Index has been under pressure as heightened trade tensions continue to weigh on the market. Earlier in the week, Trump had indicated that he was planning to prevent Chinese investment in US tech which in part has contributed to the slide in Chinese Indices. Trump has since changed his tone stating that he
Morning Commentary & Currency Insights – June 20, 2018
- June 20, 2018
- Posted by: Joey Benedid
- Category: Market News, Uncategorized
The DXY is 0.06% as it continues to push highs that we haven’t seen since last July. Trade war escalation took the night off as neither China or the US added to the deteriorating rhetoric between the two nations. Earlier in the week Trump threatened to impose a 10% tariff on $200B of Chinese imports,