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The price of oil, one of Canada’s major exports, gained despite worries about a global economic slowdown and the ongoing trade war between the United States and China, which weighed on global stock markets .WORLD .
· Overall though, the Pound saw steady trade ahead of the day’s Budget news as markets hoped for news that would help to improve both Britain’s economic and political outlooks. Australian Dollar to Pound Forecast: UK Growth Data Ahead
THE BUSINESS TIMES Stocks – STOCK markets in Asia reacted despairingly to the ongoing trade spat which is threatening to involve more countries. . Read more at The Business Times. STI falls 0.8% as trade war fears linger, Companies & Markets – THE BUSINESS TIMES
The dollar weakening resumed despite an 8000 drop in initial jobless claims in the previous week: the live dollar index data show the US Dollar index, a measure of the dollar’s strength against.
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The dollar has continued to trade with volatility, strengthening in the latest phase, drving EUR-USD dove back to the mid 1.07s after logging two-month highs above 1.0800. usd-jpy ralled back above.
· Jobs and manufacturing data suggesting weakness in the US economy sent Wall Street plunging overnight, wiping out the gains of previous days. Investors ignored local economic news pointing to a pick-up in retail sales and a steady trade surplus of about $1.6 billion for April.
The US Consumer. and the US labor market which helped the headline figure rebound from last months read of 124.30, where deteriorating US-China trade talks hindered consumers outlook. Although.
U.S. stocks close modestly higher as trade-war jitters linger By. fueling fears of a trade war after President Trump unveiled tariffs on steel and aluminum.. Real-time last sale data for U.S.
European shares post modest rebound as trade war fears linger on.. United States; pre-market; earnings calendar. Fusion Media would like to remind you that the data contained in this website.
Gold Prices Bounce On Fed Speak, Weaker USDX, US Stocks Gold price edges up on weaker stocks, dollar ahead of Fed meeting New york (june 12) gold inched up on Monday as Asian stocks fell and the dollar eased ahead of a U.S. Federal Reserve policy meeting that could give clues on the pace of interest rate hikes over the rest of the year.
The price of oil, one of Canada’s major exports, gained despite worries about a global economic slowdown and the ongoing trade war between the United States and China, which weighed on global stock markets <.WORLD>. U.S. crude <CLc1> oil futures were up nearly 1% at $55.04 a barrel.