The president of the European Commission, Ursula von der Leyen, said on Sunday that the European Union (EU) will extend its suspension of commercial countermeasures against the new US tariffs until August 1, while continuing its efforts to resolve the commercial dispute with the US through dialogue. Outstanding comments With the aim of maintaining open […]
The president of the US
The president of the United States, Donald Trump, said on Saturday that the United States will impose a 30% tariff to the goods of the European Union (EU) and Mexico that will enter into force on August 1, according to Bloomberg. Trump announced it in two letters to the president of the European Commission, Ursula […]
Futures of US shares fall on Friday after the tariff imposition of 35% on Canada
Donald Trump announces a 35% tariff to Canada on Thursday night. The US administration took special note of Canadian tariffs on the American dairy industry. Trump said he could reduce the rate if Canada sits at the table on the entrance of Fentanil. Futures of American actions fall with the news, but UBS says that […]
EUR/USD falls below 1,1700 while tariff fears raise the dollar to a maximum of two weeks
EUR/USD records its first weekly loss in three weeks, closing in 1,1688. Trump contemplates general tariffs, including the EU and copper exports. The dollar marks the strongest week since March in the midst of a wide tone of risk aversion. The EUR/USD ended the week with losses of more than 0.70% and closed the Friday […]
The S&P 500 ends Friday in negative zone dragged by Paypal and Dayforce
The S&P 500 share index falls 0.34% today, reaching a minimum of two days in 6,232. PayPal Holdings shares (PYPL) lose 5.73% daily, reaching minimum of June 23 at $ 70.79. Dayforce titles (Day) slide 5.18% the last day of the week, operating when writing about 55.25 $. The president of the Chicago Fed, Austan […]
Copper prices remain stable as refining restrictions and fears of tariffs persist
The price of copper remains firm as refining restrictions represent a risk to the electronic industry. The copper is quoted at $ 5.50, even 10% above its level on Monday, since concerns about tariffs persist. Supply risks driven by tariffs generate alarm throughout the construction sector. Copper futures are negotiating about $ 5.50 per Libra […]
USD/CHF price forecast: It remains firm below 0.8000 for the demand of the US dollar
USD/CHF limited by the 20 -day SMA and the April line of trend about 0.8000. The RSI hints at a binding impulse in development, although still below the neutral. The bearish continuation could aim at the minimum of July at 0.7919 and 0.7872. The USD/CHF is consolidated during the North American session, is lateralized below […]
The director of the FHFA suggests that the president of the FED, Powell, could be considering renounce
Bill Ablicte, the director of the Federal Housing Financing Agency selected by Trump and former president of Fannie Mae and Freddie Mac, referred to completely unconfirmed reports that the president of the Federal Reserve (Fed), Jerome Powell, could be considering renouncing his position as head of the Fed. It is rumored that the president of […]
The Fed Goolsbee notice that the new tariff threats could hinder the hopes of rate cut
In an interview with the Wall Street Journal, the president of the Bank of the Federal Reserve (Fed) of Chicago, Austan Goolsbee, warned that the ongoing commercial policy at the hands of Trump’s constant tariff threats could hinder the fed capacity of the Fed to implement interest -rates cuts that both the market in general […]
The Canadian dollar proves the low side despite the rebound in Canadian work data
The Canadian dollar stumbled on Friday while fears persist for tariffs. Canadian labor data exceeded forecasts, strengthening CAD. New tariff threats of Donald Trump have limited the profits of the CAD. The Canadian dollar (CAD) tested lower levels against the US dollar (USD) on Friday, losing peso despite the fact that Canadian work data figures […]