Trump Trade War

One of the key topics that has been moving markets over recent weeks is the “Trump Trade War” between the US and China. Following Trump’s announcement around a month ago that he would be imposing trade tariffs of around $60bln, markets were rocked as China responded in kind by announcing its own 25% import tariffs on select US goods, totalling a...

2018-04-19 James Harte Read more
FOMC Minutes Highlight Concerns Around Trade Wars

While the Fed has confirmed its commitment to normalising monetary policy, the US Dollar traded lower in response to the release of the latest FOMC meeting minutes which revealed concerns among the rate setting committee. Members of the Federal Reserve Board highlighted their concerns about the potential impact of a global trade war, specificall...

2018-04-16 James Harte Read more
Metals Rocked As US Trade Sanctions

Gold: Chinese Trade Retaliation Fuels Safe Haven Demand The yellow metal saw a strong rally initially on the week as the market saw a strong safe haven bid on the back of news that China was retaliating against trade import tariffs imposed by the US.  President Trump recently announced a move to impose $60 billion worth of tariffs on Chinese im...

2018-04-10 James Harte Read more