trade war
Gold bulls bending, but not breaking; need spark
(Kitco News) – Gold and silver prices are slightly lower at midday Wednesday, as the markets are succumbing just a bit to the generally upbeat trader and investor attitudes in the global marketplace as the holidays approach. A rebound in the U.S. dollar index this week is also a negative for the metals markets. …
The most important number in markets: Here’s why traders around the world have become obsessed with a daily dispatch from China
Reuters/Petar Kujundzic On Monday, China’s central bank allowed the yuan to slide past the key psychological level of 7 per US dollar for the first time since the 2008 financial crisis. Many saw the move as retaliation for tariffs recently announced by US President Donald Trump – and markets sold off worldwide on concerns over …
Is America still the world’s only superpower or is China a real rival? Experts aren’t so sure anymore – Donald Trump’s America
Posted June 23, 2019 04:58:30 The staggering rise of China has become one of the most prominent stories of the 21st century. Key points: A superpower has superior military might, and economic, diplomatic and cultural influence The erosion of America’s global power may be accelerated by the US’ current foreign policy China is considered an …