Trade war

Last midnight on the night of Feb 4, 2025, a 10% “blanket” tariff on Chinese goods went into effect, escalating the ongoing China trade war. It was followed just minutes later by a series of targeted measures against the US. Those…
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On the first full trading day of the new year, the onshore USDCNY hit the lowest it's been since June 22, 2018. This was back at the start of the now almost forgotten US-China trade war. It was over a 1% jump for the Chinese currency…
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Despite post-lockdown optimism increasing, the trade war between the US and China has only just restarted, and this time in multiple fronts! With Trump expected to announce his policy against China soon, the retaliation game is on the…
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The NFP data tomorrow is likely going to be the market-mover of the day. In all that hubbub, the trade balance might just slip by undetected. Now, of course, it's not exactly something you need to have your finger on the button for when…
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With all the news focused on the coronavirus outbreak, the underlying economic data from China has been slipping a bit under the radar. Early on Monday, or late on Sunday, depending on where you are, we get the latest CPI figures from…
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The Institute for Supply Management will release the results of its non-manufacturing PMI survey. This will be one of the two main reports that will influence the markets this week. Economists are hoping that activity in the…
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Trade of the week: GBPAUD Keeps Calm and Moves Up Prime Minister Boris Johnson’s landslide victory may finally bring an end to the Brexit deadlock. In their biggest election win since Margaret Thatcher’s 1987 triumph, the Conservatives…
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President Trump tweeted that a trade deal with China was close, leading to some optimism. Equity markets continued to maintain the gains, indicating that the markets are already discounting the news. The deadline for the next round of…
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China's PMI's are especially interesting this time around because it's the first survey since it became known that the US and China had tentatively reached an agreement about the ongoing trade war. Of course, it's not a done deal. In…
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The monthly consumer sentiment index from the University of Michigan will be coming out today. Economists do not expect to see any major changes from the preliminary estimates. Forecasts indicate that it will hold steady at 96.0. This…
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