$JPM JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon mow admits that President Trump’s strategy of imposing economic tariffs may just be paying off. “As a negotiating strategy, it might’ve worked,” Mr. Dimon said on TV. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of […]
FLASH: President Trump’s tariffs slows China growth engine China’s exports fell the most in 3 years in February, while imports fell for a 3rd month running, pointing to a further slowdown in the economy and a trade recession despite a PBoC”s support measures. The shockingly weak readings from the world’s largest trading nation added to […]
FLASH: President Trump’s top economic adviser offered sharp criticism of the European Central Bank’s (ECB) revival of stimulus measures to spur the EU’s economy. National Economic Council Director Larry Kudlow said that a ECB decision Thursday to extend a new round of cheap loans to the banking system wouldn’t be enough to fix the continent’s […]
FLASH: Trade talks with China could collapse if a deal cannot be reached on enforcement of these “structural” issues. President Trump said on Wednesday that trade talks with China were moving along well and predicted either a “good deal” or no deal between the world’s 2 largest economies. Washington and Beijing have been in intense […]
FLASH: The US Trade Representative’s office delayed a scheduled hike in tariffs on Chinese goods from 10 to 25% Friday, ahead of the official publication notice this coming Tuesday. Saturday, China said that it welcomed the release of language from the United State Trade Representative’s office (USTR) delaying a scheduled hike in US tariffs on $200-B worth of Chinese goods. In a […]
FLASH: “I am always prepared to walk!” President Trump Thursday warned he could walk away from a trade deal with China if it were not good enough, even as his economic advisers touted “fantastic” progress towards an agreement to end a dispute with the Asian country. The United States has imposed tariffs on hundreds of […]
FLASH: “Lighthizer has worked miracles on this Chinese deal, we have never come this far on China trade.” White House economic adviser Larry Kudlow said the US and China are on the cusp of a historic agreement. Mr. Kudlow said the deal would commit Beijing to cut subsidies for state-owned companies and disclose when its […]
FLASH: The Latest on Britain’s withdrawal from the European Union The British government says trade deals with Japan, Turkey and other countries will not be in place by 29 March, the day Great Britain is due to leave the European Union. International Trade Secretary Liam Fox has claimed the UK will be able to continue […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: FOMC Mins as expected; Fed will maintain patience in rate hikes and stop reducing assets on its balance sheet later this year. The Takeaway The FOMC Minutes said the central bank is going to be patient in raising rates and is likely to stop reducing the assets on its […]
$DIA, $SPY, $QQQ, $RUTX, $BAC, $VXX US are stocks rallying this year on signs of progress in US-S trade talks as managed and sidelined money continues to bet that there is not much upside left when President Trump’s deal is reached. That is wrong Heffx-LTN’s corporate earnings and equity valuations model as of Saturday indicates […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Pain Trade continues, on broad-based advance that had all 11 S&P 500 sectors finished higher on the day. Almost 80% of S&P 500 companies having reported Q-4 earnings so far. Analysts now see a profit increase of 16.2% for the Quarter, according to Refinitiv data. President Trump’s policies […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed Chairman Jay Powell describes US economy as “good”, saying he does not see an elevated probability of a recession, stocks finish on their highs lead by the Financials Investors are prepare for the return of the divergence trade, with the US set to lead the rest of the […]
US President Trump is optimistic about the prospect of a trade deal with the Chinese after the “good vibe” of negotiations this week, a top White House adviser said Friday. “The talks on Wednesday and Thursday in general had what I call a good vibe,” White House National Economic Council director Larry Kudlow said Friday in […]
Tune out the Noise! There has been a slowdown in the United States’ economy when it comes to Europe and China, but overall, the economy remains “quite strong,” and there are no indications of a looming recession, US Treasury Secretary Steve Mnuchin said Tuesday. “We still see tremendous investment in capital and human investments,” Mr. […]
China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said Wednesday. Mounting US trade tariff pressure on the world’s 2nd-biggest economy pushed growth last year to its lowest since Y 1990 even as Beijing stepped up stimulus measures […]
Friday, White House senior economic adviser Larry Kudlow said that the United States and China were making progress on trade negotiations but reaching a deal would take time. “We have made some progress with China in the deputy’s meeting in Beijing,” he said in a TV interview. “We are making progress in negotiating on the grandest […]
The US is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal, and could again resort to tariffs if it deems Beijing has violated the agreement. A continuing threat of tariffs hanging over commerce between the world’s 2 largest economies would mean a deal would not […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US market spiked on reports that the US is considering lifting tariffs on China imports during trade negotiations. US Treasury Secretary Steven Mnuchin has discussed the lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for 30 January. But […]
Germany’s economic performance in Y 2018 was its weakest in 5 years, it was reported Tuesday. The German economy grew 1.5% last year, a sharp decliner from the 2.2% expansion in Y 2017, and the slowest annual rate since the European debt crisis in Y 2013. Experts say the slowdown was due to a number of […]
$SOY Monday, President Trump defended his tough trade policies in front of thousands of American farmers, a Key constituency that has struggled because of his trade dispute with China, plus he promised fair trade deals that will put America’s rural heartland back on strong solid ground. “We have taken the toughest ever actions to address […]
President Donald Trump, saying China admits the trade war with the U.S. has taken a toll on its economy, announced the Chinese now want to make a major deal with the White House. President Trump’s comments came in a Friday Tweet. He wrote: “China just announced that their economy is growing much slower than anticipated because […]
$5-B in Tariffs Collected in October From US-China Trade Dispute On Thursday and again on Friday, President Trump Tweeted that talks with China are going well. According to the data, the tariffs which are often paid by importers, who then pass the added costs onto companies to whom the products belong are may fall on the shoulders of […]
China Confident it Can Make President Trump’s Trade Deal $USO, $SOY, $UNG Wednesday, China expressed confidence that it can reach a trade deal with the United States. The remarks by the Chinese Commerce Ministry from Beijing followed Presidents Trump and Xi declaring a truce in the trade dispute at a meeting in Argentina Saturday evening. […]
China Working to Resolve Trade Differences ‘Quickly’ China is confidence that it can reach a trade deal with the United States very timely. Tuesday, US President Donald Trump warned that he would revert to more tariffs if the 2 sides cannot resolve their differences within the time frame set out Saturday. The Chinese Commerce Ministry […]
White House Hails China Trade Truce The Trump Administration is celebrating the 90-day truce it reached in its trade dispute with China as a significant breakthrough despite some skepticism that Beijing will yield to US demands anytime soon. “This is just an enormous, enormous event,” Larry Kudlow, President Donald Trump’s Top economic adviser, said of […]
President Trump Warns Xi, Get the Trade Deal Done or Suffer the Pain $SPY, $SOY, $UNG Tuesday, President Donald Trump held out the possibility of an extension of the 90-day trade truce with China warning he would revert to tariffs if the 2 sides do not resolve their differences. President Trump said his team of […]
President Trump Expects China to Act Immediately on Trade Issues, the Details The Trump Administration expects immediate action by China on trade issues after a deal reached by the countries’ leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said Monday. US President Donald […]
President Trump, “My relationship with President Xi is very special.” The Results so far of that Special Relationship President Donald Trump and Chinese President Xi Jinping agreed to keep their trade dispute from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s 2 largest economies negotiate a […]
President Trump is Open to China Trade Deal Despite Impending Tariffs President Donald Trump is open to reaching a deal on US-China trade disputes over dinner on Saturday with Chinese leader Xi Jinping in Argentina. However, President Trump is ready to hike tariffs on Chinese imports if there is no breakthrough As of Tuesday we […]
Giant German Automakers Facing 25% US Tariffs on it Cars $VLKAY, $BMWYY, $POAHY, $DDAIF European auto stocks extended losses on Tuesday after a German magazine reported that US President Donald Trump could impose tariffs on imported EU cars starting next week. Wirtschaftswoche cited “EU sources” as saying a US Department of Commerce investigation report was […]
See a 10% Rally in Stocks On a Trade Deal with China $DIA, $SPY, $QQQ, $RUTX, $VXX A positive US-China statement or a tariff pause are rising possibilities China’s Bear market is driving the settlement agreement. Investors pained by the pullback in stocks are looking toward this month’s G-20 Summit for a breakthrough on trade. […]
President Trump: “China wants trade deal, may not impose new tariffs.” Friday, US President Donald Trump said that China had sent a list of things it was willing to do to resolve trade tensions with the United States and his Administration may not have to impose further tariffs, but he added the situation was still […]
Next Round of US China Tariffs on Hold Pending Settlement Talks at the G-20 $SPY China and the US are trying to reach a trade truce ahead of the G-20 meeting US stock rally on the news. US Trade Representative Robert Lighthizer has told some industry executives that another round of tariffs on Chinese imports […]
US China Trade Talks Back On President Donald Trump’s top economic adviser said Tuesday that the United States was talking again with China on trade, calling it a “very positive” development. “Right now we’re having communications at all levels of the US and Chinese governments,” National Economic Council Director Larry Kudlow said in a TV […]
President Trump, “I Think We’ll Make a Deal With China on Trade” US President Donald Trump said Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the 2 countries’ differences but warning that he still may impose more tariffs on Chinese […]
President’s Trump, Xi Talk, Align, Trade Outlook Positive US President Donald Trump and Chinese President Xi Jinping both expressed optimism Thursday about resolving their trade disputes ahead of a meeting planned at the end of November in Argentina. President Trump said in a Tweet that trade discussions with China were “moving along nicely” and that he planned […]
More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November $DIA, $SPY, $QQQ, $RUTX, $VXX The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade dispute. The […]
China’s Growth Slows, Investors Seeking Reassurances Friday, China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz to shore up confidence in its fall stock market. Growth in the Quarter that ended in September slipped to 6.5% over a year earlier from the prior Quarter’s 6.7%, official data […]
The EU is Moving Too Slowly in Trade Talks President Trump’s patience is not unlimited, and this is not a 5 year process. Wednesday, the US Secretary of Commerce Wilbur Ross says the European Union is moving too slowly in trade talks and is warning that President Donald Trump’s patience with the Europeans may soon […]
China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’ An official survey confirmed that manufacturers were coming under stress. At this week’s end, global investors and policy makers will likely be given a cold hard reminder of the costs of the US-China trade dispute, with a Reuters poll predicting that China’s Q-3 growth will slow […]
President Trump Warns China, “Another round of tariffs coming.” US President Donald Trump threatened to impose another round of tariffs on China and warned that Chinese meddling in US politics is a “bigger problem” than Russian involvement in the 2016 Election. Asked in a TV interview whether he wants to push China’s economy into a […]
S&P 500 Earnings Preview: Q-3 Y 2018 $SPY, $JPM, $C, $WFC, $USD Earnings reporting period is here once again, and it always commands a great deal of attention because earnings drive stock prices over the long term. The S&P 500 has been underpinned by impressive earnings growth. The Q-3 reporting frame, which begins in earnest […]
Emerging Market Stocks’ Dive to 17 Month Lows Emerging market asset prices have been hit hard this year. The deep dive in emerging market stocks YTD is attracting some US fund managers who think they may find long-term bargains in the sell-off. Portfolio managers have been adding emerging markets stocks to their portfolios in the […]
US and China May Resume Trade Talks in December President Trump’s Economic adviser Larry Kudlow said a meeting could take place when policy makers meet in Buenos Aires for the G-20 meeting. Mr. Kudlow, director of the National Economic Council, said at a securities industry conference in Washington that no formal plans have been made […]
US Tariffs Driving RMB Yuan South to 10 yr Lows Vs USD $USDCNY (onshore): -0.29% to 6.868 $USDCNH (offshore): -0.09% to 6.879 Golden Week begins on 1 October With little prospect of a restart for US-China trade talks, we expect an escalation in tensions that will see higher American tariffs on all Chinese imports, sending […]
China’s Trade Policy Change “Not Going to Be Easy” Tuesday, US President Donald Trump’s top trade official said that changing China’s economic policies to become more market-oriented “is not going to be easy” even with tariffs now in place on $250-B worth of Chinese goods. US Trade Representative Robert Lighthizer, in rare public remarks at […]
The Trump Economy: Consumer Confidence Rises 18-Year High US consumer confidence rose to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the US and China. While other data Tuesday showed a moderation in house price […]
President Trump Sees Gain From China Tariffs as Worth US Pain The Trump Administration said it needs to confront China over its trading practices to defend US long-term interests even as escalating tariffs may cause discomfort for American consumers. Inaction by the US would leave the American economy and consumers worse off over the longer […]
President Trump: “Time to Take a Stand on China After Tariff Move” US President Donald Trump hit out at China days after announcing another round of tariffs, signaling the trade dispute will not end soon. “It’s time to take a stand on China,” President Trump said in an interview late Thursday with Fox News. “We have no […]
The Trump Effect: DJIA, S&P 500 Mark Record Highs $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Wall Street delivered another set of milestones as buying drove US stocks due North, driving the DJIA above the all-time high it closed at in January, marking the 100th record high for DIA since President Trump took the Oval Office […]
Wall Street Not Worried About President Trump’s Trade Policy $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street finished higher Tuesday in a broad-based rally as investors brushed aside trade rhetoric between the United States and China showing no fear, only cheer. All 3 major U.S. indexes closed higher following Monday’s pause to refresh. Late Monday, US […]
Crude Oil Prices Soften on Renewed Trade Concerns $USO, $OIL NYMEX WTI Crude Oil prices settled modestly lower Monday, as gains on expectations for steep losses of Iranian Crude Oil were offset by fears that rising US-China tensions could soften global demand. On the New York Merc, Crude Oil futures for November delivery fell 19c to […]
President Trump Going to Impose New China Tariffs Sunday we learned that US President Trump is going ahead with plans to impose new tariffs on about $200-B of Chinese imports. Both sides were preparing to hold new talks on their tariff dispute. Last week President Trump told reporters such a move could come “very soon.” […]
America First, Financial Markets Briefing $SPY, $USD, $OIL, $USO, $USD, $CU Hong Kong, China equities slide Monday on trade concerns WS-J reporting Monday that China could skip trade talks with US Stocks in Asia opened the week under pressure after the latest US move to place a 3rd tranche of tariffs on Chinese goods, as […]
President Trump Wants $267-B More in China Tariffs Despite Talks $AAPL, $WMT, $TGT President Trump threatened a 3rd tranche of tariffs on another $267-B of Chinese imports this past week, which would mean levying duties on nearly everything China exports to the US. President Trump said at the time those tariffs were “ready to go […]
USD Higher on Continuing Trade Tensions $USD, $AUD, $EUR, $JPY, $CNY Friday, US President Donald Trump warned that he is ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on another $267-B of goods in addition to the $200-B already facing the risk of duties. The US Dollar (.DXY) […]
Huge Tariffs on Chinese Goods Ready Now US President Donald Trump has raised the stakes on the proposition that the world will line up behind the US to take on China over trade. President Trump said Friday that he is willing to slap tariffs on an additional $267-B in Chinese goods, on top of duties […]
President Trump to Apple, “Start building new plants now. Exciting! $AAPL Yes, some Apple (NASDAQ:AAPL) products may become more expensive if The Trump Administration imposes “massive” additional tariffs on Chinese-made goods, but President Trump says the tech company can fix the problem by moving production to the US. “Start building new plants now. Exciting!” President […]
President Trump’s Tariffs Policy is Working $F, $GM President Donald Trump’s trade and tariff strategy, risky as it may seem is working. He is a master negotiator is hammering out agreements, 1st with the Europeans, next Mexico, both are better deals for American firms and workers. His threat of tariffs is leading to lower tariffs. […]
Atlanta Fed Lifts Q-3 GDP Prediction to 4.7% $DIA, $SPY, $QQQ, $RUTX, $VXX The next GDPNow update is Wednesday, 5 September. The US economy is growing at a 4.7% annualized rate in Q-3, the Atlanta Federal Reserve’s GDPNow forecast model showed on Tuesday, following the latest data on construction spending and factory activity. This is now […]
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 Warns WTO, “If they don’t shape up, I would withdraw” US President Donald Trump said he will pull out of the World Trade Organization (WTO) if it does not treat the US better, continuing his criticism of a cornerstone of the international trading system. “If they don’t shape up, I would withdraw from […]
President Trump ‘Hard Balling’ China With More Tariffs US President Donald Trump is prepared to quickly ramp up a trade dispute with China and has told aides he is ready to impose tariffs on $200-B more in Chinese imports as soon as a public comment period on the plan ends next week it was reported […]
US Farm Aid Package Includes Direct Payments to Farmers $SOY, $CORN, $WEAT Monday, the US Department of Agriculture (USDA) said its $12-B farm aid package would include $4.7-B in direct payments to farmers to help offset losses from retaliatory tariffs on American exports this season. The bulk of the payments, $3.6-B, would be made to Soybean […]
President Trump Wants ‘Rapid’ Resolution of Trade Issues With EU Washington is pressing the European Union to move more quickly on trade negotiations launched after last month’s meeting between President Donald Trump and EU Commission President Jean-Claude Juncker. Emily Haber, Germany’s Ambassador to the United States, told reporters that a working group formed after the […]
On the Resolution of China and NAFTA Trade Talks US Stock See Next Leg North $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Wharton School finance professor Jeremy Siegel advised savvy investors that the current Bull market could extend as much as 10% higher if the US were to settle its trade dust-up with China and reach a […]
White House Doubles Tariffs on Turkey Lira extends this year’s declinet to 70.0% Turkey’s President Recep Tayyip Erdogan called on Turkish citizens to trade their Gold and/or USDs for the lira as the country wages a “national battle. USD/TRY: +16.18% to 6.442 Sharp drop in the Turkish lira amid threats of US sanctions shakes the […]
Chicago Agriculture Commodities Finished Higher on the Week Ended 3 August $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished higher on week ended 3 August. The most active contract for December Corn rose 8c weekly, or 2.13%, to 3.8425 bu. September Wheat delivery went up 25.75c, or 4.85% to 5.5625 bu. November Soybean were […]
President Trump Tweets: ‘Tariffs Are Working, Can Pay Down Debt” US President Donald Trump is using his tariff leverage to work closer to reciprocal trade with producing economies like China, the EU, Mexico and Canada, he declares “tariffs are working big time” and can help pay down the national debt run up by The Hussein […]
President Trump, “Tariffs Are Working, US and China Are Talking” Saturday, US President Donald Trump defended his use of tariffs against China and other countries, saying the trade measures are “working far better than anyone ever anticipated.” “Tariffs have had a tremendous positive impact on our Steel Industry,” he said in a Tweet. “Plants are […]
Caution China, President Trump Will ‘Follow Through’ Friday, White House chief economic adviser Larry Kudlow cautioned China not to underestimate President Donald Trump. “Let me just say this, the Chinese have better not underestimate the determination of President Trump to follow through and seek zero tariffs and nontariff barriers and subsidies and a level playing […]
Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday, with Wheat rising further on declining supply and Soybeans falling on trade tensions. The most active Corn contract for December delivery rose 1.75c, or 0.46% to settle at 3.8125 bu. September Wheat went up 2.25c, or 0.4% to close at […]
Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished mixed Wednesday morning, with Soybean falling sharply after a more than 3% run up in the prior session. As of 1452 GMT, the most active Corn contract for December was down 1.5c at 3.85 bu. September Wheat was up 8.5c at […]
Heavy US Tariffs On Chinese Goods Has Beijing and US in Private Conversations The Trump Administration will propose raising to 25% its planned 10% tariffs on $200-B in Chinese imports, ratcheting up pressure on Beijing to return to the negotiating table. The US imposed 25% tariffs on $34-B of Chinese products in early July, and […]
Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished higher Tuesday, with Soybeans surging over 3%, back to above 9.00 bu. The most active Corn contract for December delivery rose 5.25c, or 1.38 percent to settle at 3.865 bu. September Wheat went up 7.25c, or 1.33% to close at 5.5375 […]
Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished higher Monday, with wheat rising more than 3% due to falling supply as a result of unfavorable weather conditions worldwide. The most active Corn contract for December delivery rose 5c, or 1.33% to settle at 3.8125 bu. September Wheat went up […]
Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished higher on the week which ended 27 July, with Wheat futures up nearly 3% supported by concerns about crop shortfalls in key production areas around the globe. The most active Corn contract for December delivery rose 7.25c weekly, or 1.96%, to […]
Chicago Agriculture Commodities Traded Mixed $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday, with Soybean futures rising, as European Commission President Jean-Claude Juncker said the EU would buy more US Soybean. But many observers in Europe considered the moves as symbolic as the EU does not impose tariffs on Soybean imports, limiting […]
Chicago Agriculture Commodities Traded Higher $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished higher Wednesday, with Wheat futures rising over 6%, supported by concerns about crop shortfalls in Key production areas around the world. The most active Corn contract for December delivery went up 7.25c, or 1.98% to close at 3.7325 bu. September […]
Chicago Agriculture Commodities Traded Mixed $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished mixed Tuesday with Soybean futures rising on investors’ short-covering. The most active Corn contract for December delivery down 5.25c, or 1.41% to close at 3.66 bu. September Wheat delivery fell 3.5c, or 0.68% to close at 5.1025 bu. November Soybean delivery […]
Chicago Agriculture Commodities Traded Higher $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities finished mixed Monday, with Corn futures rising despite the fund managers adding to their shorts, favorable crop-weather. The most active Corn contract for December delivery went up 2.25c, or 0.61% to close at 3.7125 bu. September Wheat delivery fell 2.25c, or […]
Chicago Agriculture Commodities Traded Higher on the Week $CORN, $WEAT, $SOY Chicago Board of Trade (CBOT) agriculture commodities rallied sharply on the week which ended 20 July, as traders expected increasing demand for UX supplies. The most active contract for December Corn rose 14.25c weekly, or 4.02%, to 3.69 bu. September Wheat delivery went up 19c, or […]
US Economy Not Harmed by President Trump’s International Trade Dust-ups Shayne and I expect China to align with the US’s sloution, as it cannot afford not to. Saturday, US Treasury Secretary Steven Mnuchin said that the overall US economy has not been harmed by the trade battles set off by President Donald Trump’s get-tough policies, […]
President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports” US President Donald Trump has indicated that he is willing to hit every product imported from China with tariffs. President Trump said “I’m willing to go to 500,” referring roughly to the $505.5-B in goods imported last year from China. The Trump Administration […]
Chicago Agriculture Commodities Traded Mixed $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded mixed Thursday morning on uncertainty of future export sales, following a significant rally in the past 3 sessions. As of 1457 GMT, the most active Soybean contract for November delivery was down 1.5c at 8.5625 bu, while December Corn was up […]
Chicago Agriculture Commodities Traded Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded higher Wednesday morning, but the upward momentum boosted by declined crop ratings seemed weak. As of 1459 GMT, the most active December Corn was up 1.5C at 3.6125 bu, and Soybean contract for November delivery rose 1.25c at 8.565, while September […]
Chicago Agriculture Commodities Traded Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded higher Tuesday, with Corn and Soybean futures rising over declined crop ratings. As of 1459 GMT, the most active December Corn was up 5c at 3.605 bu, and Soybean contract for November delivery rose 9.5c at 8.5525, while September Wheat was […]
Chicago Agriculture Commodities Finished Mixed $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished mixed Friday, with soybean futures ending at record lows on ongoing US-Sino trade frictions. The most active Corn contract for December delivery went down 4.5c, or 1.25% to close at 3.5475 bu. November Soybean delivery dropped 15c, or 1.77% to […]
Many US Industries Will Thrive During Trade Tensions $DIA, $SPY, $QQQ, $RUTX,$ VXX Several US industries are set to withstand the trade dust-up or even thrive, according to US financial services firm Cowen and Company. China’s recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in its report. While the […]
Chicago Agriculture Commodities Finished Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished higher Thursday, with Soybean futures bounced a bit after hitting contract lows Thursday amid US-China trade frictions. The most active Corn contract for December delivery went up 6c, or 1.7% to close at 3.5925 bu. September Wheat delivery added 12.75c, […]
Chicago Agriculture Commodities Finished Lower $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished lower Wednesday, with Soybean and Corn futures dropping to contract lows, following the news that the US announced a list of tariffs on $200-B of Chinese goods Tuesday. Agriculture grain investors were already worried about the impact of trade frictions […]
Chicago Agriculture Commodities Finished Lower $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished lower Tuesday, with soybean futures falling for the 2nd straight session, mostly on US-China trade frictions, improved weather conditions in the US Midwest. The most active Corn contract for December delivery went down 6.25c, or 1.7R to close at 3.60 […]
Chicago Agriculture Commodities Finished Lower $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished lower Monday, with Soybean futures diving, as investors turned to technical selling amid ongoing China-US trade friction. The most active Corn contract for December delivery went down 6c, or 1.61% to close at 3.67 bu. September Wheat delivery fell 7.25c, […]
Chicago Agriculture Commodities Finished Mixed on the Week Ended 6 July $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) Soybean futures rebounded at week’s end on 6 July, thanks to bargain buying amid escalating trade tensions. The most active contract for November Soybean went up 14.5c weekly, or 1.65%, to 8.945 bu. December Corn delivery rose […]
Chicago Agriculture Commodities Finished Mixed $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) wheat rose almost 3% Thursday over declining crop estimates. The Corn contract for December delivery rose 0.25c, or 0.07% to settle at 3.645 bu. September Wheat went up 14.5c, or 2.95% to close at 5.055 bu. November Soybean were down 8.5c, or […]
Bulls Own the Post July 4th Stock Market Action $DIA, $SPY, $QQQ, $RUTX, $VXX A casualties of the tariff dust up has been the power of corporate profits to energize stocks. Now another earnings season is here, and we are still hearing from pundits that investors obsessing over trade. It has been The Story of […]
Chicago Agriculture Commodities Finished Mixed $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) Corn and Wheat rebounded Tuesday on bottom picking but Soybean continued to decline amid trade uncertainty. The US grain market was closed Wednesday for the 4th of July holiday The Corn contract for December delivery rose 5.25c, or 1.46% to settle at […]
Chicago Agriculture Commodities Finished Lower $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished lower Monday morning as traders now are focused on increasing trade tensions. As of 1448 GMT, November Soybeans were down 7.5c at 8.725 bu, while December Corn was down 7.5c at 3.6375 bu, and September Wheat down 11.25c at 4.90 […]
Chicago Agriculture Commodities Finished Lower on the Week Ended 29 June $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished lower on week ended 29 June, with Soybean futures dropping nearly 4% as grain traders turned to technical selling amid trade tensions. The most active Corn contract for July delivery fell 7c weekly, or […]
President Trump, “EU possibly as bad a China on trade.” Sunday, President Trump said, Europe is “possibly as bad as China” on trade. “The European Union is possibly as bad as China, only smaller,” he said. “It is terrible what they do to us.” “I love those countries, Germany, and all of the countries. Scotland…. […]