Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold was steady Tuesday on US-China trade tensions after $200-B of tariffs came into effect, investors stay on the sidelines ahead of the FOMC policy meeting. Spot gold was barely changed at 1,198.28 oz by 0056 GMT. […]

Gold Down on From USD, as China Halts Trade Talks + Commodities

Gold Down on From USD, as China Halts Trade Talks + Commodities

Gold Down on From USD, as China Halts Trade Talks + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold edged lower Monday, as USD held firm on news that China has cancelled trade talks with the United States, with the market also eyeing this week’s FOMC policy meeting for guidance on […]

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Asian stocks extended gains Friday thanks to Wall Street marking all-time highs, as investors believe that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. […]

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT  Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]

Forex: USD Fell on Canada’s Alignment with President Trump on Trade

Forex: USD Fell on Canada’s Alignment with President Trump on Trade

Forex: USD Fell on Canada’s Alignment with President Trump on Trade $USD/CAD The US fell Wednesday in Asia as sources said Canada was ready to make a concession to the United States to resolve their talks over reworking the North American Free Trade Agreement (NAFTA). US Dollar (.DXY) Index finished littl changed at 95.19, looking to […]

President Trump, “Canada Will be Out’ of Trade Deal Unless It’s ‘Fair'”

President Trump, “Canada Will be Out’ of Trade Deal Unless It’s ‘Fair

President Trump, “Canada Will be Out’ of Trade Deal Unless It’s ‘Fair’” Saturday, US President Donald Trump warned Canada that it “will be out” of a revised North American trade agreement unless it’s “fair” to the United States, and he threatened to scrap the current deal should Congress “interfere” with the negotiations. “There is no […]

President Trump Announces the United States-Mexico Trade Agreement

President Trump Announces the United States-Mexico Trade Agreement

President Trump Announces the United States-Mexico Trade Agreement The Trump Administration and Mexico have reached a preliminary accord to end the North American Free Trade Agreement (NAFTA) and replace it with a deal that the administration says is more favorable to the United States. US President Donald Trump, in announcing the tentative agreement Monday at […]

US and Mexico’s Trade Negotiators Just “hours” Away From a Deal

US and Mexico’s Trade Negotiators Just “hours” Away From a Deal

US and Mexico’s Trade Negotiators Just “hours” Away From a Deal US and Mexican trade negotiators are “hours” away from squaring away bi-lateral differences on the North American Free Trade Agreement (NAFTA) a Top Mexican official said Sunday. Canada on hold for a bit. Mexican Economy Minister Ildefonso Guajardo told reporters that work with Canada, […]

Trump Vs Trudeau: Strong USD = Pain for All Canadians

Trump Vs Trudeau: Strong USD = Pain for All Canadians

Trump Vs Trudeau: Strong USD = Pain for All Canadians $USDCAD The Canadian Dollar (CAD) aka ‘Loonie’ slumped Monday on continuing trade issues between Canada and the US, and there is noting to keep the Loonie from extending its fall. USDCAD, +0.0539% was among the worst performers Monday following the G-7 Summit that saw US President Donald […]

NASDAQ Marks Another All Time High

NASDAQ Marks Another All Time High

NASDAQ Marks Another All Time High $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday as investors were encouraged by US economic data, driving the NASDAQ to finish at another at record high for the 2nd day running, as the technology and consumer discretionary sectors outpreformed Investors remain a bit wary about trade discussions, with Mexico imposing tariffs […]

US Standing Up for its Interest in NAFTA Trade Talks

US Standing Up for its Interest in NAFTA Trade Talks

US Standing Up for its Interest in NAFTA Trade Talks Sunday, top White House economic adviser Larry Kudlow denied negotiations on the North American Free Trade Agreement (NAFTA) have broken down,saying, however, President Donald Trump “is right” to “stand up for U.S. interests.” Mr. Kudlow said in a TV interview, “good faith negotiations are welcome.” […]

President Trump, “Big news coming for American Autoworkers”

President Trump, “Big news coming for American Autoworkers”

President Trump, “Big news coming for American Autoworkers” $DIA, $SPY, $QQQ, $VXX US President Donald Trump said that “big news” was coming that would be welcomed by US auto workers, and he suggested it was somehow linked to NAFTA trade talks. “There will be big news coming soon for our great American Autoworkers. After many […]

Top Trade Officials Working to Update NAFTA

Top Trade Officials Working to Update NAFTA

Top Trade Officials Working to Update NAFTA Top US, Mexican and Canadian trade officials met Friday to discuss prospects for updating the North American Free Trade Agreement (NAFTA). No time limit has been set for the Washington talks between US Trade Representative Robert Lighthizer, Mexican Economy Minister Ildefonso Guajardo and Canadian Foreign Minister Chrystia Freeland, […]

President Trump on NAFTA, “There is no rush, we get it done right or we will terminate.”

President Trump on NAFTA, “There is no rush, we get it done right or we will terminate.”

President Trump on NAFTA, “There is no rush, we get it done right or we will terminate.” Thursday, US President Donald Trump said that “we’ll have something, I think, fairly soon” on a renegotiated NAFTA deal with Canada and Mexico. “There’s no rush,” President  Trump told a business roundtable on tax cuts at the White […]

President Trump’s Tariffs Announced, Market Jumps

President Trump’s Tariffs Announced, Market Jumps

President Trump’s Tariffs Announced, Market Jumps $DIA, $SPY, $QQQ, $VXX US stock finished higher Thursday as investors awaited President Trump’s official approval of tariffs on steel and aluminum imports, which he gave just minutes before the close. The S&P 500 finished with a gainer of 0.5%, closing at its best mark of the day, while […]

NAFTA is Dead

NAFTA is Dead

US President Donald Trump warned on Tuesday that he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences, Reuters has reported. The United States, Canada and Mexico wrapped up their first round of talks to revamp the trade pact on Sunday, with little sign of a […]

‘Destroy Trump’ Cabal Determined to Distract Congress from Tending to Business

‘Destroy Trump’ Cabal Determined to Distract Congress from Tending to Business

‘Destroy Trump’ Cabal Determined to Distract Congress from Tending to Business Thursday, US Secretary of Commerce Wilbur Ross said the ongoing investigation into ties between Russia and President Donald Trump is a distraction from more important items on the White House agenda. “We have to get on with it, get this over with. It’s a […]

Mexico Is Looking for a Quick NAFTA Rewrite

Mexico Is Looking for a Quick NAFTA Rewrite

Mexico Is Looking for a Quick NAFTA Rewrite Mexico’s #1 trade negotiator said he is heartened by a retreat from more protectionist rhetoric in the US and that talks to redo the North American Free Trade Agreement may conclude as soon as January 2018. Economy Minister Ildefonso Guajardo said the January date would depend on the […]

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs $DIA, $SPY, $QQQ, $VXX The US trade deficit fell more than expected in February as exports increased to a 2 year high and slowing domestic demand weighed on imports. The narrowing in the trade gap comes as The Trump Administration is pushing ahead with […]

Free Trade Is No Longer “Free”

Free Trade Is No Longer “Free”

Free Trade Is No Longer “Free” $BAC US President Donald Trump’s campaign vow to renegotiate trade deals that he blamed for gutting US factories and shipping good-paying jobs overseas has reopened this debate: who benefits from global commerce. Free trade is not free because of other kinds of bureaucratic hurdles that add costs and hinder […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Tuesday with Corn futures falling nearly 2% on a mix of profit-taking after multi-month highs, improving weather in Argentina and uncertainty about how US trade policy will affect exports. The most active Corn contract for March delivery […]

Mexico’s President Seeking Meeting with President Elect Trump

Mexico’s President Seeking Meeting with President Elect Trump

Mexico’s President Seeking Meeting with President Elect Trump Mexico is willing to hold talks with US President-elect Donald Trump to modernize the North American Free Trade Agreement, (NAPTA) President Enrique Pena Nieto said. Mexico will seek dialogue with the US on its trade relationship following comments made by Donald Trump during his campaign, President Pena […]

Obama’s Trade Policy is Dead

Obama’s Trade Policy is Dead

Obama’s Trade Policy is Dead US President Barack Hussein Obama’s administration suspended its efforts to win congressional approval for his Asian free-trade deal before President Elect Donald Trump takes office saying that TPP’s fate was now up to Donald Trump and Republican lawmakers. Administration officials also said Mr. Obama will try to explain the situation […]

Hillary and Michelle Intimately Tied Sugar & Soda Industry

Hillary and Michelle Intimately Tied Sugar & Soda Industry

Hillary and Michelle Intimately Tied Sugar & Soda Industry $DIS, $KO, $PEP $JPM Lives are at stake, the health and future of children hang in the balance in this Presidential election Walt Disney World recently tried to copy the sugar and soda industries’ marketing methodology, but ended up running for cover last year when the […]

Union “Rank-and- File” Prefer Donald Trump as US President

Union “Rank-and- File” Prefer Donald Trump as US President

Union “Rank-and-File” Prefer Donald Trump as US President America’s union leaders are not expending a lot of energy trying to win back members drawn to Donald Trump’s populist, anti-trade message. Donald Trump is wooing working-class voters by promising to renegotiate trade deals and bring back lost manufacturing jobs, some unions are re-calibrating their usual election-year […]

Mexico Will Re-visit NAFTA If All Sides Benefit

Mexico Will Re-visit NAFTA If All Sides Benefit

Mexico Will Re-visit NAFTA If All Sides Benefit Mexico is willing to update the North American Free Trade Agreement (NAFTA) in a “Win-Win” situation, where the benefits are clear to all sides, said Mexican Minister of Economy Ildefonso Guajardo said Thursday. Speaking at the Mexico Summit 2016 organized by The Economist, Mr. Guajardo said the […]

Donald Trump, “Globalization has Wiped out Our Middle-class”

Donald Trump, “Globalization has Wiped out Our Middle-class”

Donald Trump,”Globalization has Wiped out Our Middle-class” Donald Trump took aim at US free trade deals in a speech delivered in Western Pennsylvania Tuesday that painted Hillary Clinton as a champion of the kind of Globalization that has driven millions of US manufacturing jobs overseas. “This wave of globalization has wiped out totally, totally our […]

Donald Trump, “America First and I have my own money”

Donald Trump, “America First and I have my own money”

Donald Trump, “America First and I have my own money” Republican Presidential front-runner Donald Trump said he does not need the support of Charles Koch. In an interview with Mr. Trump said, “What he says bears no relationship on what I do or say. I don’t need his money. I got my own money,” while […]