Saturday, April 7, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update April 7, 2018
NEWS
China is vowing to "counterattack with great strength" if President Donald Trump raises tariffs on an additional $100 billion in Chinese goods. Financial markets tumbled after Trump asked his U.S. trade representative to consider more tariffs. This followed Beijing's announcement that it would increase ...
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If you believe financial markets produce any valuable real-time information to policymakers, then what's happening now on Wall Street is worth noting. The S&P 500 is down about 9% since President Trump in late January announced steep tariffs on imported washing machines and solar panels.
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McKay said that so far, the bank's clients and financial markets had been "working through the uncertainty" and the bank was engaged in talks over NAFTA with officials of governments on both sides. "We are in close dialogue with governments and our customers and remain hopeful of a good outcome ...
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