It was naive to expect that Trump would limit himself to steel tariffs after Gary Cohn resigned. Rex Tillerson, the US Secretary of State has also resigned, and the news hit the wire that Trump plans to tax the Chinese imports with 60 billion dollars.
Investors are understanding that virtually all cryptocurrencies are brining profits and losses to the table. The largest on the capitalization has been on Bitcoin, Ethereum and Ripple, but they fell on Tuesday by more than 20%.
Medium-term oil optimism will turn low spirits in long-term
Oil prices fluctuated near the opening on Friday after the surge, which was caused by an unexpected drop in gasoline stocks in the US last week. Price gains on Thursday marked the Oil markets best performance in more than a week.
Dollar short-term rebound may be around the corner
The Japanese Yen is heading to completely bullish advance ahead of the Bank of Japan meeting on Tuesday, as it is expected then the Japanese Central Bank will most likely follow the example of its colleagues.