British Pound: USD/GBP (GBP=X) weakens as Trump plays down US recession fears

British Pound: USD/GBP (GBP=X) weakens as Trump plays down US recession fears

British Pound: USD/GBP (GBP=X) weakens as Trump plays down US recession fears The GBP/USD exchange rate is currently trading at $1.2110, down around 0.3 percent from this morning’s opening rate.The US dollar is trending higher this afternoon after US President Donald Trump played down fears for a US recession in 2020. Speaking to reporters on […]

President Trump Urges Fed Rate Cut of 100 Bpts, the Market is Giving Chairman Powell Little Choice

President Trump Urges Fed Rate Cut of 100 Bpts, the Market is Giving Chairman Powell Little Choice

Monday, President Trump stepped up his assault on the Fed, urging it to cut interest rates by a full percentage point to aid global growth while complaining the “dollar is so strong that it is sadly hurting other parts of the world.” “The Fed Rate, over a fairly short period of time, should be reduced […]

President Trump, “US economy is doing very well, no recession in sight”

President Trump, “US economy is doing very well, no recession in sight”

Sunday, President Trump said the economy is “doing very well” and dismissed concerns of recession, offering an optimistic outlook after last week’s dip in the financial markets. “I don’t think we’re having a recession,” President Trump told reporters as he returned to Washington from his New Jersey golf club. “We’re doing tremendously well. Our consumers […]

President Trump Knows How to Deal, We Will Get China Trade Deal His Way

President Trump Knows How to Deal, We Will Get China Trade Deal His Way

Sunday on TV, White House trade adviser Peter Navarro said he is optimistic about a trade deal with China because doing business deals is President Donald Trump’s strong suit. In a network TV interview, Mr. Navarro said he is optimistic that the President will “do the right thing for America“in negotiating with China. “One thing […]

Trump Warns China Violence Against Hong Kong Could End Trade War Resolutions

Trump Warns China Violence Against Hong Kong Could End Trade War Resolutions

US President Donald Trump on Sunday warned China that carrying out a Tiananmen Square-style crackdown on Hong Kong pro-democracy protesters would harm trade talks between the two countries. “I think it’d be very hard to deal if they do violence, I mean, if it’s another Tiananmen Square,” Trump told reporters in New Jersey. “I think […]

Trump’s Plan To Buy Greenland Brings Attention To Its Value

Trump’s Plan To Buy Greenland Brings Attention To Its Value

President Donald Trump’s reported wish to buy Greenland may have been rejected by Denmark. It underscores the rising value of the massive, ice-covered island due to global warming and to China’s drive for an Arctic presence. The accelerating polar ice melt has left sparsely populated Greenland, a self-governing part of Denmark. Astride what are potentially […]

Trump’s Support For Fox News Takes a Turn

Trump’s Support For Fox News Takes a Turn

Last month Donald Trump watched Fox News lob what he called “softball questions” at a Democratic lawmaker. The US president then delivered a crisp smackdown of his favorite network: “Fox sure ain’t what it used to be.” After years of often fawning coverage by Fox, particularly from its pro-Trump anchors like Sean Hannity, the commander […]

Log Cabin Republicans Endorse President Trump

Log Cabin Republicans Endorse President Trump

During the Y 2016 election, Log Cabin Republicans, the conservative LGBT organization, declined to endorse Donald Trump for President, even after his vow, at the Republican convention, to “do everything in my power to protect our LGBTQ citizens from violence and oppression.” Since taking office, President Trump and his administration have effectively rolled back rights for […]

President Trump Considering Buying Greenland for the USA

President Trump Considering Buying Greenland for the USA

President Trump is interested in buying the world’s biggest island for the United States, the ice-covered Danish territory of Greenland. According to the WS-J, the former real estate mogul has brought up the idea to advisers, with “varying degrees of seriousness,” at meetings, dinners, and in passing conversations, asking them if the US can acquire Greenland. […]

President Trump US “deeply concerned about Hong Kong…”

President Trump US “deeply concerned about Hong Kong…”

Late Wednesday, President Trump tied a US trade deal with China to humane resolution of the weeks of protests wracking Hong Kong, hours after the State Department said it was “deeply concerned” about reports of movement of Chinese paramilitary forces along the Hong Kong border. The State Department warned that continued erosion of the territory’s […]

President Trump, “Fed Behind Market Turmoil, Not Trade War”

President Trump, “Fed Behind Market Turmoil, Not Trade War”

$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump targeted Fed policy as the reason for this recent market turmoil. In raising interest rates 4X last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs, President Trump tweeted. “Too bad, so much to gain on […]

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession Hong Kong stocks trimmed early gains to end slightly firmer on Wednesday, as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession, while protests continued to roil the island city. The Hang Seng […]

Donald Trump’s easing of tariffs sent the Dow Jones Industrial Average (.DJI) higher

Donald Trump’s easing of tariffs sent the Dow Jones Industrial Average (.DJI)  higher

Donald Trump’s easing of tariffs sent the Dow Jones Industrial Average (.DJI) higher News that Donald Trump would delay the imposition of tariffs on some Chinese goods sent the Dow Jones rocketing today. Beware, though, because it’s a head fake before the inevitable crash. The Dow Jones Industrial Average rose 372 points to 26,280, an increase of 1.44 percent on […]

President Trump, “China is Moving Troops Toward Hong Kong”

President Trump, “China is Moving Troops Toward Hong Kong”

Tuesday, President Trump Tweeted that US intelligence believes that the Chinese government is moving troops to its border with Hong Kong. President Trump also Tweeted that “Everyone should be calm and safe!” Riot police clashed with pro-democracy protesters outside the Hong Kong Airport for the 2nd day running Tuesday though calm returned to the airport in […]

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rallied Tuesday after the White House announced that it will delay the 10% tariff rate for some items imported from China until 15 December. President Trump told reporters he wanted to delay the tariffs so consumers would not be hurt during the Christmas shopping season and said he […]

US Economic Growth Short of President Trump’s Goals

US Economic Growth Short of President Trump’s Goals

$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump blames the Fed for putting the US economy at risk while data shows an economy in “reasonably good” shape, as the Chairman of the central bank recently said. But,”reasonably good” is not what President Trump promised to deliver during his Y 2016 campaign, and at this point he […]

Chairman Kim Says Ready to Restart Talks When US-SKorea Joint Drills End President Trump Declares

Chairman Kim Says Ready to Restart Talks When US-SKorea Joint Drills End President Trump Declares

President resident Donald Trump said Saturday that Chairman Kim Jong Un told him he was ready to resume talks on NKorea’s nuclear and missile programs and would stop missile testing as soon as US-SKorea military exercises end. Trump and Kim have met twice since their first summit in Singapore last year, but little progress has […]

LA Voter Files Lawsuit Against Trump Ballot Act

LA Voter Files Lawsuit Against Trump Ballot Act

The Law Offices of Mark Anchor Albert & Associates today filed a federal lawsuit in the United States District Court for the Central District of California against Democratic Governor Gavin Newsom and Secretary of State Alex Padilla seeking to stop SB 27, the so-called “Presidential Tax Transparency and Accountability Act,” which adds Section 6880 et seq. to the California Elections Code (the “Trump Ballot Act”), […]

President Trump: “US, China Still Talking on Trade, but Not Ready for Deal”

President Trump: “US, China Still Talking on Trade, but Not Ready for Deal”

$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market wrapped up a volatile week on a lower note, with the S&P 500 down 0.7% Friday. Every time in the past year that President Trump weighed in on the trade dispute the market reacted negatively then responded positively, and the rally extended, I do not expect […]

President Trump Will Not Devalue USD in Trade Dispute with China, the Fed Should Lower Interest Rates …

President Trump Will Not Devalue USD in Trade Dispute with China, the Fed Should Lower Interest Rates …

$USD Friday, President Trump said he will not devalue the USD in the US trade dispute with China. “No, we do not have to,” President Trump said when asked whether he plans to devalue the Greenback, though he added that if the Fed were to cut interest rates it “would automatically bring down the dollar […]

President Trump to France’s Macron, “…you do not speak for the US on Iran.”

President Trump to France’s Macron, “…you do not speak for the US on Iran.”

Thursday, President Trump said no one is authorized to speak to Iran on behalf of the United States, and he accused French President Macron of sending “mixed signals” to Tehran over possible talks. “I know Emmanuel means well, as do all others, but nobody speaks for the United States but the United States itself,” President […]

President Trump Demands Strong Rate Cut, Market Turns a Solid Green, Wall Street Loves ‘Cheap Money’

President Trump Demands Strong Rate Cut, Market Turns a Solid Green, Wall Street Loves ‘Cheap Money’

$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX The US stock market finished solidly in the Green Thursday, as trade anxiety subsided and investors embraced a risk-on mindset. The S&P 500 advanced 1.9%, which extended its 2-day bounce to 112 pts, or 4.0%, from its session low Wednesday.  Thursday, President Trump again expressed dissatisfaction with USD’s strength, […]

Alphabet shares were unmoved by President Donald Trump’s latest attack the Alphabet Inc. (NASDAQ:GOOG) parent Tuesday after his accused the company of “very illegal” activity during the 2016 Presidential election

Alphabet shares were unmoved by President Donald Trump’s latest attack the Alphabet Inc. (NASDAQ:GOOG) parent Tuesday after his accused the company of “very illegal” activity during the 2016 Presidential election

Alphabet shares were unmoved by President Donald Trump’s latest attack the Alphabet Inc. (NASDAQ:GOOG) parent Tuesday after his accused the company of “very illegal” activity during the 2016 Presidential election Alphabet shares were unmoved by President Donald Trump’s latest attack the Google parent Tuesday after his accused the company of “very illegal” activity during the […]

President Trump Dismissed Fear of Long-lasting Trade Dispute with China

President Trump Dismissed Fear of Long-lasting Trade Dispute with China

The US Treasury Department declared Monday it had determined for the 1st time since Y 1994 that Beijing was manipulating its RMB Yuan. Then early Tuesday, President Trump dismissed fears of a protracted trade dispute with China, ignoring a bluster warning in the Beijing press that labeling it a currency manipulator would have severe consequences […]

President Trump Tweets, “China is a Currency Manipulator” and Stocks Dipped

President Trump Tweets, “China is a Currency Manipulator” and Stocks Dipped

$XAU, $GLD, $USD, $CHN Monday, President Trump Tweeted “China dropped the price of their currency to an almost a historic low. It is called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!” For equity investors all this does not augur well as uncertainty because of […]

Trump Plan Opens EU Up to US Beef

Trump Plan Opens EU Up to US Beef

Friday, President Trump praised his previously-announced deal that will open up the European Union to more US beef after the bloc carved out quotas previously granted to other nations. The Trump Administration in June secured more access to the EU’s beef market after the bloc persuaded Australia, Argentina and Uruguay to gradually cede bits of […]

President Trump’s Trade Adviser Says, “We Love Tariffs”

President Trump’s Trade Adviser Says, “We Love Tariffs”

Thursday, the White House trade adviser Peter Navarro credited President Trump’s tariffs on Chinese-produced steel and aluminum with saving 2 Key American industries. “The Chinese producers are seeing fewer exports, lower profits,” Mr. Navarro said on TV Thursday. “So, we love tariffs. Tariffs are a wonderful thing.” “We would not have a steel and aluminum industry […]

President Trump to Inflict Economic Pain on China Until a Suitable Trade Deal is Made

President Trump to Inflict Economic Pain on China Until a Suitable Trade Deal is Made

$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, President Trump said he may raise US tariffs on Chinese goods beyond 25% if trade negotiations with Beijing remain stalled. President Trump told reporters that the new 10% tariff he announced Thursday for $300-B in Chinese imports beginning 1 September will be imposed for a short term and could […]

President Trump, and PM Johnson, are “Remarkably Compatible”

President Trump, and PM Johnson, are “Remarkably Compatible”

Former House Speaker Newt Gingrich says British Prime Minister Boris Johnson has assumed control “with historic speed and decisiveness.“ Adding, “Whether he can finish BREXIT by 31 October, and win a general election remains to be seen.” Speaker Gingrich made his comments Tuesday in a column posted on the Fox News website. “During his first appearance […]

Facebook, Inc. (NASDAQ:FB) shares are trailing the S&P 500 and Nasdaq since Trump attacked the “Zuck-Buck.”

Facebook, Inc. (NASDAQ:FB) shares are trailing the S&P 500 and Nasdaq since Trump attacked the “Zuck-Buck.”

Facebook, Inc. (NASDAQ:FB) shares are trailing the S&P 500 and Nasdaq since Trump attacked the “Zuck-Buck” In the age of Trump, all it takes is a single tweet to move the stock market. And the president may have done just that when he launched a tripartite attack on Facebook’s Libra cryptocurrency. Facebook Stock Can’t Shake […]

President Trump on the Trade Deal, “China might wait till after the Election hoping to get another Dope or Stiff”

President Trump on the Trade Deal, “China might wait till after the Election hoping to get another Dope or Stiff”

FLASH: The morning after appearing on Fox News for his interview with host Sean Hannity, President Trump blasted the network for a poll it conducted that showed he trails former Vice President Joe Biden in the Y 2020 race. Friday, President Trump said that he would not be surprised if China held out until after the […]

Trump Moves on Apple

Trump Moves on Apple

President Donald Trump warned Friday that he would snub Apple’s requests for tariff exemptions on device components imported from China, as he put pressure on the tech company to shift production to the United States. “Apple will not be given Tariff wavers, or relief, for Mac Pro parts that are made in China. Make them […]

Seeing a Strong Trump-Johnson Relationship Ahead

Seeing a Strong Trump-Johnson Relationship Ahead

FLASH: The further decline of the failed socialist EU experiment now will be hastened. The US Ambassador to the Court of St. James, Woody Johnson, predicts that President Trump and new British Prime Minister Boris Johnson will enjoy a great relationship. The Ambassador made his comments during an TV interview Friday. “The new relationship between your […]

The Trump Effect: America is Growing

The Trump Effect: America is Growing

At 2.1 percent, the growth of US Real Gross Domestic Product during the second quarter of 2019 comes out better than expected. The weakness observed at the end of 2018 and early 2019, which was underlined by revised estimates for earlier quarters, has been wiped out especially by very strong consumption growth at 4.3 percent in […]

President Trump, Boris Johnson ‘Will Be a Great Prime Minister’

President Trump, Boris Johnson ‘Will Be a Great Prime Minister’

President Trump congratulated Boris Johnson, who was elected leader of Britain’s governing Conservative Party and the next Prime Minister of the United Kingdom earlier Tuesday. Boris Johnson, Britain’s staunch BREXIT campaigner, was chosen as the UK’s next Prime Minister Tuesday, with a resounding mandate from the Conservative Party but conflicting demands from a politically divided […]

President Trump: “The Fed raised & tightened far too much & too fast, must cut now”

President Trump: “The Fed raised & tightened far too much & too fast, must cut now”

Monday, President Trump pushed the Fed to cut interest rates as policy makers ready for their decision this month on whether to do so. “Very inexpensive, in fact productive, to move now,” President Trump Tweeted Monday. “The Fed raised & tightened far too much & too fast.” The President has been attacking the Fed for more […]

President Trump’s Approval Hits 48% and Rising

President Trump’s Approval Hits 48% and Rising

FLASH: 68% said the National Economy is “very good” or “fairly good.” President Trump’s approval rating has jumped to 48% in a new NBC News/SurveyMonkey online poll. Here are how the new poll results, released Friday, break down, as follows: 22% said immigration is the issue that matters most to them now. 21% said healthcare is the issue […]

The Trump Steamroller is Accelerating

The Trump Steamroller is Accelerating

FLASH: The initial shock at the success of this blunt and volcanic man who attacked all factions of both parties and assaulted almost every element of OBushinton political correctness and conventional wisdom, whose inaugural address was described at once by George W. Bush to Hillary Clinton as “some weird s***,” has mutated into a fear […]

Shanghai: SSE Composite Index (.SSEC) Trump says U.S. could impose more tariffs if needed

Shanghai: SSE Composite Index (.SSEC) Trump says U.S. could impose more tariffs if needed

Shanghai: SSE Composite Index (.SSEC) Trump says U.S. could impose more tariffs if needed Shares in China finished lower in thin trade on Wednesday, extending the previous day’s small losses as investors continued to fret over slowing growth and the impact of the Sino-U.S. trade dispute, and await more signs of support from Beijing. At […]

President Trump’s Hammering of ‘the squad’ Raises GOP Support

President Trump’s Hammering of ‘the squad’ Raises GOP Support

Support for President Trump increased among Republicans after he lashed out on Twitter at the weekend in an attack on 4 freshmen Democratic congresswomen known a ‘the squad‘, a Reuters/Ipsos public opinion poll shows. The national survey, conducted Monday and Tuesday after President Trump told the lawmakers they should “go back and help fix the […]

President Trump, “Progress” Made with Iran to Defuse Crisis

President Trump, “Progress” Made with Iran to Defuse Crisis

Tuesday, President Trump said “a lot of progress” had been made toward ending a volatile standoff with Iran, with his top diplomat saying Tehran had signaled willingness to negotiate over its disputed ballistic missile program. Earlier, Iran’s FM said Tehran would discuss its missile program after Washington stopped arming allies Saudi Arabia and the UAE, […]

President Trump Tells the 4 Progressive Dem Congresswomen to “Go Back Home”

President Trump Tells the 4 Progressive Dem Congresswomen to “Go Back Home”

President Trump put out a bold challenge for progressive critics of House Speaker Nancy Pelosi (D-Ca)., in the Democratic Party – the 4 “women of color,” according Rep. Alexandria Ocasio-Cortez aka AOC. Go back to the “totally broken and crime infested places from which they came” before you preach on how the United States – “the greatest and most powerful […]

President Trump on Crypto’s and Big Tech

President Trump on Crypto’s and Big Tech

$BTC, $BTCUSD, $FB, $GOOGL, $TWTR President Trump has criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to “become a bank.” “I am not a fan of Bitcoin and other Cryptocurrencies, which are not […]

President Trump’s Decision on Citizenship Question a “Pretty Smart Move”

President Trump’s Decision on Citizenship Question a “Pretty Smart Move”

Friday, Retired federal Judge Walter Kelley praised President Trump for not continuing to push for a citizenship question on the 2020 Census. Judge Kelley was appointed to the bench by President George W. Bush, said Trump should have been more open about his intentions. And he added: “There are perfectly good reasons to have this […]

President Trump, “Hopefully China will start buying agriculture products from out great American Farmers.”

President Trump, “Hopefully China will start buying agriculture products from out great American Farmers.”

Thursday, President Trump said that China was not living up to promises it made on buying agricultural products from American farmers as the world’s 2 largest economies work to resolve a trade dispute. “Mexico is doing great at the Border, but China is letting us down in that they have not been buying the agricultural […]

Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything

Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything

Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything That’s true even though Steve Jobs is gone. Because he didn’t just create a company culture, he built a consumer culture. Apple was and still is – for the most part – all about one thing: simplicity. Advancements in technology have complicated this mission to a certain degree, but […]

President Trump is Not Preparing for an ‘Impeachment Battle’

President Trump is Not Preparing for an ‘Impeachment Battle’

President Trump’s legal team is not preparing for an ‘impeachment battle‘, and the growing call from congressional Democrats for impeachment is just “political theater,” Jay Sekulow, the President’s personal attorney, said Tuesday. “There is no impeachment team,” Mr. Sekulow told reporters “I just do not see this as a real threat.” Some congressional Democrats said they […]

President Trump Sends Clear Warning to Iran on Uranium “Amp Up”

President Trump Sends Clear Warning to Iran on Uranium “Amp Up”

Iran declared that has amped up its uranium enrichment on the day of its deadline to negotiate the Iran nuclear deal with signatories, surpassing the cap set under the Obama-era agreement that President Trump has withdrawn the US from. “Within hours, the technical tasks will be done and enrichment above 3.67 percent will begin,” Iran spokesman Behrouz […]

President Trump’s Approval Hits 1st-Term High at 47%

President Trump’s Approval Hits 1st-Term High at 47%

This strong economy has President Trump’s approval rating hitting a high point for his administration at 44% among adults and 47% among registered voters in the latest The Washington Post/ABC News poll. These ratings represent a 5-percentage-point uptick since April, when special counsel Robert Mueller’s investigative report was released. President Trump scores highest on the economy, with […]

President Trump is ‘Very Seriously’ Considering Executive Order for Census Citizenship Question

President Trump is ‘Very Seriously’ Considering Executive Order for Census Citizenship Question

Friday, President Trump said he may issue an executive order in an effort to add a contentious citizenship question to the 2020 US census as his administration faced an afternoon court deadline to reveal its plans. “We are working on a lot of things including an executive order,” Trump told reporters outside the White House […]

President Trump, “Immigration Raids Starting Fairly Soon”

President Trump, “Immigration Raids Starting Fairly Soon”

Friday, President Trump said mass deportation roundups would begin “fairly soon” as US migrant advocates vowed their communities would be “ready” when immigration officers come. President Trump, who has made a hard-line immigration stance a Key issue of his Presidency and Y 2020 re-election bid, postponed the operation last month after the date was leaked, […]

President Trump, “July 4 Celebration to Be Show of a Lifetime”

President Trump, “July 4 Celebration to Be Show of a Lifetime”

Fact: Washington has held an Independence Day celebration for decades, featuring a parade along Constitution Avenue, a concert on the Capitol lawn with music by the National Symphony Orchestra and fireworks beginning at dusk near the Washington Monument. And Thursday, the 4th of July, President Trump continues the tradition and presents a show of the […]

President Trump, ‘Dropping’ Citizenship Question on 2020 Census FAKE News!

President Trump, ‘Dropping’ Citizenship Question on 2020 Census FAKE News!

A DOJ lawyer told a Maryland-based federal judge Wednesday that President Trump’s administration is seeking a “path forward” to add a citizenship question to the Y 2020 census. Joseph Hunt, an assistant attorney general with the civil division of the Department of Justice, said the department’s been “instructed to examine whether there is a path […]

So Goes President Trump, So Goes the Market

So Goes President Trump, So Goes the Market

$DIA, $SPY, $QQQ, $RUTX FLASH: President Trump is focused on the Fed, calling for lower interest rates and a lower USD Donald J. Trump is the biggest driver of financial markets in the world, and I write about him daily in this column. Savvy participants are making money off by anticipating his moves, which are […]

President Trump: “Afghanistan is the Harvard for Terrorists”

President Trump: “Afghanistan is the Harvard for Terrorists”

President Trump talking about goals of pulling troops out of Afghanistan, the longest running war in American history says he has to listen to his generals to stay, because it is “Harvard for terrorists.” “I would like to just get out,” President Trump told Fox News’ “Tucker Carlson Tonight.” “The problem is it just seems to be a […]

Shanghai: SSE Composite Index (.SSEC) investors welcome an agreement between Donald Trump and Xi Jinping to resume trade talks

Shanghai: SSE Composite Index (.SSEC) investors welcome an agreement between Donald Trump and Xi Jinping to resume trade talks

Shanghai: SSE Composite Index (.SSEC) investors welcome an agreement between Donald Trump and Xi Jinping to resume trade talks Stocks surged in China today as investors welcomed an agreement between Donald Trump and Xi Jinping to resume trade talks. The benchmark Shanghai Composite Index rallied 2.22 per cent, or 66.02 points, to 3,044.90, while the […]

President Trump’s Successes at the Weekend Pushes Gold Below Key Technical Support

President Trump’s Successes at the Weekend Pushes Gold Below Key Technical Support

$XAU, $GLD, $SLV, $USD Gold fell 1%+ Monday to its lowest in more than a week as USD strengthened and investors opted for riskier assets after the US and China agreed to restart trade talks. Spot gold was down 1.3% at $1,391.29 oz, as of 0411 GMT, US gold futures dipped 1.3% to $1,394.90 oz. […]

NKorea’s Chairman Kim to Meet President Trump at the DMZ Sunday

NKorea’s Chairman Kim to Meet President Trump at the DMZ Sunday

FLASH: President Trump and Chairman Kim Will Meet at DMZ Later on Sunday, SKorea’s President Moon just said at the Press Conference with President Trump President Donald Trump will meet with NKorean leader Kim Jong Un Sunday in the Demilitarized Zone separating the Korean Peninsula, SKorean President Moon Jae-in said. President Moon made the remarks […]

Presidents Trump and Xi Hit ‘Pause’ on Escalating Trade Dispute, Talks Back on Track

Presidents Trump and Xi Hit ‘Pause’ on Escalating Trade Dispute, Talks Back on Track

FLASH: Saturday, Presidents Trump and China’s Xi agreed to another pause in their trade dispute thus removing any immediate threat looming over the global economy even as a lasting peace remains in their sights. The 2 sides have agreed to restart trade negotiations that broke down last month and that the US agreed to put […]

Presidents Trump and Xi Discussing Resolutions to Long Running Trade Dispute

Presidents Trump and Xi Discussing Resolutions to Long Running Trade Dispute

The long running trade dispute between the world’s 2 economic titans is a Key point Saturday. Then Presidents Trump and Xi meet, both leaders are signaling a desire to de-escalate the year-long dust-up, a good will compromise is needed in here it seems. The meeting takes place on the sidelines of the international G-20 Summit […]

President Trump Wishes to Meet Chairman Kim at DMZ

President Trump Wishes to Meet Chairman Kim at DMZ

Saturday, President Trump said he would like to meet with NKorean leader Kim Jong Un at the DMZ (demilitarized zone) on the border of North and South Korea. “After some very important meetings, including my meeting with President Xi of China, I will be leaving Japan for South Korea with President Moon. While there, if […]

President Trump Begins Talks on China Trade, Iran, and NKorea

President Trump Begins Talks on China Trade, Iran, and NKorea

Thursday, President Trump began his overseas trip of the year with dinner with the Prime Minister of Australia, a friendly opening act before the impending gauntlet of negotiations on international crises, trade wars and a growing global To-Do list. President Trump is in Osaka, Japan, for the annual G-20 Summit. As his re-election bid heats […]

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors and Traders in a Wait & See mode for the G-20 Summit this weekend Wednesday, President Trump said that a trade deal with Chinese President Xi is possible this weekend, but he is prepared to impose US tariffs on virtually all remaining Chinese imports if the 2 countries […]

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday Health care stocks were top gainers in China and Hong Kong stock exchanges, as investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump […]

President Trump,”I Do Not Need Exit Strategies if War With Iran”

President Trump,”I Do Not Need Exit Strategies if War With Iran”

FLASH: President Trump said Iran understands only one thing, “Strength and Power, and the USA is by far the most powerful Military Force in the world. Tuesday, President Trump declared that he would not “need an exit strategy” if war were to break out between the United States and Iran. Answering questions from reporters in the Oval Office, […]

President Trump Sees USD Too Strong, Cites Fed Policy

President Trump Sees USD Too Strong, Cites Fed Policy

$DIA, $QQQ, $SPY, $RUTX, $VXX The White House declared Tuesday that President Trump believes USD is too strong, and EUR is too weak, that he feels the situation could be eased if the Fed lowered interest rates sooner rather than later. Further, that White House had no plans to demote Fed Chairman Powell, adding that […]

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping Asian stocks fell in morning trade on Tuesday, as traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping. China’s Shanghai […]

United States Oil (USO) Trump administration announces additional Iran sanctions

United States Oil (USO) Trump administration announces additional Iran sanctions

United States Oil (USO) Trump administration announces additional Iran sanctions Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to […]

President Trump and Chairman Kim Exchanging ‘Very Friendly Letters’

President Trump and Chairman Kim Exchanging ‘Very Friendly Letters’

Monday, President Trump said he sent NKorean leader Kim Jong Un a “very friendly letter” in response to Birthday greetings he received last week from Chairman Kim. The exchange of letters comes as the 2 countries negotiate the future of NKorea’s nuclear program and before President Trump leaves Wednesday for an Asia trip that will […]

President Trump Ready to Speak to Iran With No Preconditions

President Trump Ready to Speak to Iran With No Preconditions

Sunday, President Trump said he is not seeking war with Tehran after a senior Iranian military commander warned any conflict in the Gulf region could spread uncontrollably and threaten the lives of US troops. Tensions are high between Iran and the United States after President Trump said Friday that he called off a military strike […]

President Trump is Not Looking for War With Iran, But It Would Be “Obliteration”

President Trump is Not Looking for War With Iran, But It Would Be “Obliteration”

FLASH: US Does Not Need to Attack Iran, President Trump is Already Winning President Trump said on Friday he is not looking for war with Iran, but he warned that if a conflict did occur it would result in “obliteration.” “I’m not looking for war, and if there is it’ll be obliteration like you’ve never […]

Singapore: STI Index (.STI) rises over news of upcoming ‘extended meeting’ between Trump and Xi

Singapore: STI Index (.STI) rises over news of upcoming ‘extended meeting’ between Trump and Xi

Singapore: STI Index (.STI) rises over news of upcoming ‘extended meeting’ between Trump and Xi With news that US President Donald Trump and his Chinese counterpart Xi Jinping are set for an “extended meeting” at the G-20 summit, and dovishness from other central banks added to the mix, risk-on attitudes returned to the fore. Buoyed […]

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI)

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI)

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI) Judging from recent trading sessions, most investors seem sold into thinking that rate cuts by the US Federal Reserve are a certainty. With news that US President Donald Trump and his Chinese counterpart Xi Jinping are set for an “extended meeting” at the G-20 […]

President Trump on Jerome Powell’s Future: “Let’s see what he does.”

President Trump on Jerome Powell’s Future: “Let’s see what he does.”

President Trump Tuesday kept up the pressure on the head of the Fed following a report that lawyers at the White House have explored the legality of stripping Jerome Powell of the Fed’s Chairmanship. Asked by reporters outside the White House if he wanted to demote Chairman Powell,  President Trump said: “Let’s see what he does.” […]

President Trump Vs Fed, Gold Wins

President Trump Vs Fed, Gold Wins

$XAU, $GLD, $USD President Trump continues his relentless attacks against the Fed and their strong dollar Tuesday with his most recent Tweets: “This is because the Euro and other currencies are devalued against the dollar, putting US at a big disadvantage. The Fed Interest rate way too high, added to ridiculous quantitative tightening! They don’t […]

President Trump Does Not Want War With Iran and…

President Trump Does Not Want War With Iran and…

Iran’s President says, “Iran is not seeking war against any nation. Secretary of State Mike Pompeo said Tuesday, that the United States will maintain its pressure campaign on Iran and continue to deter aggression in the region, but does not want the conflict with Tehran to escalate. “We have been engaged in many messages, even […]

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