Trading News
Latest trends and news in the trading world.
U.S., China locked in stare-down as new tariffs set for weekend – Bloomberg
U.S., China locked in stare-down as new tariffs set for weekendBloombergSausages, ketchup and mustard, plastic plates -- all essential ingredients for Americans tending to their grills this Labor Day weekend. Soon they’ll be 15% more expensive to import from China....
Pending home sales are down sharply on economic uncertainty – CNN Business
Pending home sales are down sharply on economic uncertaintyCNN BusinessAmericans have been reluctant to buy homes lately, thanks to uncertainty about the US economy. Now their fears are showing up in the data. Read the full storyShared from Apple News
China contradicts Trump on state of trade talks – South China Morning Post
China contradicts Trump on state of trade talksSouth China Morning PostBeijing has cast doubt on whether trade talks are set to resume, with its foreign ministry contradicting US President Donald Trump’s claim that China had sought a return to the negotiating table...
A sell-off worse than December can arrive in a week, says analyst who is predicting ‘Lehman-like’ drop – CNBC
A sell-off worse than December can arrive in a week, says analyst who is predicting 'Lehman-like' dropCNBCNomura macro and quant strategist Masanari Takada is sticking with his bold call for a "Lehman-like" plunge as market sentiment shows no signs of improving. Read...
Everyone who hates the stock market is feeling a lot smarter now – Bloomberg
Everyone who hates the stock market is feeling a lot smarter now BloombergU.S. stocks have hit 13 records this year and generated $5 trillion of wealth. They’ve stood up to sagging earnings, slowing growth and a surging dollar. The S&P 500 is headed for what could...
Fwd: Trump says China called, requested to restart trade talks
Begin forwarded message:From: "Yahoo Finance Morning Brief" <newsletter@yahoofinance.com>Date: August 26, 2019 at 4:01:53 AM MDTTo: "John" <Jcleveland7@gmail.com>Subject: Trump says China called, requested to restart trade talksReply-To:...
Chinese buyers pull back from U.S. housing market, hurting home sales – USA TODAY
Chinese buyers pull back from U.S. housing market, hurting home salesUSA TODAYChinese investors are buying fewer U.S. homes because of money controls in China. That's lowering prices and giving U.S. buyers a better chance to buy Read the full storyShared from Apple News
After Trump appears to soften on trade war, White House says he wanted higher tariffs – CNN Politics
After Trump appears to soften on trade war, White House says he wanted higher tariffsCNN PoliticsEven after President Donald Trump claimed all was well at the Group of 7 summit, which got underway Sunday on France's Atlantic coast, there was evidence of rancor behind...
What to watch in markets for the week ahead – CNBC
What to watch in markets for the week aheadCNBCThe final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars. Read the full storyShared from Apple News
Trump clarifies on trade regrets: China tariffs should be higher – Bloomberg
Trump clarifies on trade regrets: China tariffs should be higherBloombergDonald Trump acknowledged having second thoughts on escalating the trade war with China -- only for his top spokeswoman to later say he meant he regretted not raising tariffs even more. Read the...
U.S. has half a million fewer jobs than believed after big government revision – USA TODAY
U.S. has half a million fewer jobs than believed after big government revision USA TODAYThere were 501,000 fewer jobs created from April 2018 to March 2019. Jobs in retail, hospitality and professional services were revised down sharply. Read the full storyShared from...
Switzerland has a new way to impose world’s lowest interest rate – Bloomberg
Switzerland has a new way to impose world’s lowest interest rateBloombergThe Swiss National Bank has a new way of enforcing the world’s lowest interest rate. Read the full storyShared from Apple News