Tag: US

Brexit, UK consumer and trade in focus (video)

Nick Batsford, CEO of Core London is joined down the line by Craig Erlam, Senior Market Analyst at OANDA, to discuss why the pound has rallied on Thursday and the latest developments in the US-China trade spat. U.S weekly jobless claims fall Posted 11 minutes ago Brexit, UK consumer and trade in focus (video) Posted […]

GBP/USD jumps on Brexit reports and retail sales

Investors take tariffs in their stride, focused on White House response It’s been a positive start to trading in Europe on Thursday as investors continue to shrug off the latest tariffs from the US and China. US futures are currently trading flat and failing to take much of a lead from across the pond. Investors […]

Markets flat as China quickly responds to tariffs

Ball back in Trump’s court as China responds with counter-tariffs Markets are taking new tariffs between the US and China in their stride again on Wednesday, with stocks in Europe and futures in the US looking quite flat ahead of the open on Wall Street. The latest tit-for-tat between Washington and Beijing has been on […]

Live FX analysis – 18 September 2018 (Video)

Senior Market Analyst Craig Erlam discusses the key market themes from the summer – most notably US tariffs and Brexit – and the events to watch out for this week. Craig also gives his live analysis on EURUSD (17:48), GBPUSD (21:36), EURGBP (24:42), AUDUSD (25:44), USDCAD (28:33), GBPCAD (31:02), NZDUSD (32:41), USDJPY (34:16), GBPJPY (35:25) […]

US Futures Higher Despite New Chinese Tariffs

New tariffs already priced in Investors have taken US President Donald Trump’s announcement of new tariffs against China in their stride on Tuesday, with indices across much of Asia and Europe in the green and US futures a little higher. The tariffs have been talked about for some time now and it was only a […]

Trump the symptom not the cause of the trade war

Escalating trade tensions between the United States and China would have manifested with or without Donald Trump, experts said at the Singapore Summit on Saturday. While the U.S. president’s “crazy” ways have worsened it, he’s only a symptom of world developments that have hastened the tensions, and not the cause, pointed out Dani Rodrik, a […]

Markets flat on China tariff expectations

Investors await new Chinese tariffs It’s been a mixed start to the week in financial markets as investors await a possible announcement of new tariffs on China which could come as early as today. The ongoing conflict between the US and China continues to be a primary driver of market sentiment, with investors concerned about […]

OANDA Market Insights podcast (episode 31)

OANDA Senior Market Analysts Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: Turkey rates rocket, Sterling up on Brexit hopes, Carney house price warning, Beijing welcomes trade talks offer. Trade Tensions Return as US Tariffs on China Lift Dollar Posted 2 minutes […]

Prospect of Sino-US talks lifts markets

China open to US invitation for trade talks It’s been a more positive start to trading on Friday, with talks of new Sino-US trade talks potentially helping to lift risk appetite among investors. Stocks in Asia ended the week on a high, with major indices recording gains of around 1% and those in Europe up […]

US interested in new trade talks with China

The U.S. seeking to restart trade talks with China. Sources familiar with the U.S.- China negotiations told CNBC that the United States is in the early stages of proposing a new round of trade talks with China in the near future. Senior U.S. officials led by Treasury Secretary Steven Mnuchin sent an invitation to Chinese officials, proposing […]