Economic News, Page

The Huawei fallout widens souring sentiment across the globe. Tech is down hard and moving lower.

EU Parliamentary Elections kick off on Thursday, with Britain and the Netherlands going to the polls first. Will the far-right finally find their voice?

A quiet day on the economic calendar leaves the Oval Office as the main area of focus. What’s the next move in the U.S – China trade war?

If the U.S.-China trade talks have indeed stalled as reported late Friday then investors are going to start pricing in a longer stalemate and this will likely mean more long liquidation and fresh short-selling.

Trade war jitters and soft retail sales figures pinned mortgage rates back in the week. Expect sentiment towards trade to continue to influence.

The U.S – China trade war continued to grip the markets and, while the China economy showed cracks, U.S stats impressed.

Trade tensions rise, outlook suffers, and the global equities moved lower.

Although China has not announced any retaliatory moves against the U.S. in reaction to the move against Huawei, U.S. firms still took a hit in anticipation of a drop in business. Qualcomm was down 4%, Micron was nearly 3% lower, and semiconductor firms Qorvo and Skyworks were down 7% and

China could have a direct effect on corporate earnings and therefore future stock prices if it chooses to make life more difficult for U.S. companies doing business in China. Analysts say China has encouraged consumer boycotts in the past, and used inspections and regulatory harassment against foreign firms and could

Economic Calendar:Friday, 17th MayEurozone Core CPI (YoY) (Apr) FinalEurozone CPI (YoY) (Apr) FinalEurozone CPI (MoM) (Apr)The MajorsAfter an edgy start to the day, it was onwards and upwards for the majors. The DAX30 led the way on Thursday, rallying by 1.74%. Also seeing solid gains, the CAC40 and EuroStoxx600 rose

Strong housing starts and declining jobless claims lift shares

The U.S. equities rise as strong earnings and data support the market, but the gains were capped by escalating trade tensions.

Trump saved the day for the European majors on Wednesday. There’s a lot now riding on a resolution to trade disputes…

The price action also reflected how sensitive investors have become to trade news in the wake of the near breakdown of U.S.-China trade talks and an escalation of the trade dispute with the addition of new tariffs.

A rebound in crude oil lifts energy shares

U.S. stock futures move lower as the rebound in prices fizzles out. Traders are still worried about trade.

The Brexit Party gives Theresa May and Jeremy Corbyn reason to continue talks and deliver but can they deliver?

Mainland Chinese shares advanced despite disappointing news across the board. Industrial Production output for April came in below forecasts. The report showed an increase of 5.4% year-on-year, compared to expectations of a 6.5% year-on-year increase.

Following some weak numbers out of China, will Germany’s GDP numbers also disappoint? There’s a lot hanging on the hope of a trade deal…

The AUD/USD hit a new low for the session at .6922 following the release of the economic reports. Prices retreated as the wages miss added further weight to the case for a Reserve Bank of Australia rate cut. While the slew of economic data from China was positive, they call came