Tag: U.S. President Donald Trump

Oil prices fall nearly 2pc on China data, trade war jitters

"The oil market saw sharp losses as the first steps taken by the U.S. and China were seen with caution" The U.S.-China trade dispute...

South Africa’s rand steady on thaw in trade tensions

"The current levels of the local unit likely to attract some dollar buying interest, technically an attempt on 14.6000 remains a likely scenario" The...

Euro zone bond yields fall from 2 1/2-month highs as caution returns

Britain and the European Union said on Sunday a lot more work would be needed to secure an agreement on Britain's departure from the...

Gold eases as stock markets cheer trade optimism

"The trade deal was short on detail, but is still going to be enough to probably support risk, and that will be negative for...

Turkish lira slips but traders doubt Trump’s sanctions threat

The lira weakened to 5.9205 against the U.S. dollar. The currency, which suffered a crisis last year that knocked Turkey's economy into recession. ANKARA: Turkey's...

Copper ticks up on trade progress, but caution limits gains

Copper's gains were limited, however, as U.S. and Chinese officials said much more work was needed before an accord could be agreed. The most-traded...

Dollar rebounds as ebbing trade deal optimism hurts risk appetite

The dollar fell last week, and dropped sharply on Friday, as optimism that a trade deal could be reached. The euro fell 0.2pc to...

Hong Kong stocks buoyed by trade war truce, though deal uncertainty, economic worries curb gains

The Hang Seng index rose 0.8pc, to 26,521.85, while the China Enterprises Index gained 0.5pc, to 10,507.85 points. Investors now wait for a slew...

Yuan ends at 1-mth high despite paring gains made on hopes of trade deal

U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened...

China wants more talks before signing Trump’s ‘Phase 1’ deal

China wants Trump to also scrap a planned tariff hike in December in addition to the hike scheduled for this week. China wants more talks...