POTUS said he was ready for a historic meeting with the North Korean leader Kim Jong-Un. The meeting will be the first in history and bodes well to unravelling the dilemma around Pyongyang’s nuclear program.
The US President Donald Trump continued to rock the boat called “globalization” by signing a decree on the tariff introduction for steel and aluminium on Thursday.
China will render the service and enter into a tariff duel with the US, the Chinese Foreign Minister hinted on Thursday, saying however that only a loss can be achieved from such a struggle.
Donald Trump is actively clearing the path for his protectionist ventures and with the dismissal of the economic adviser Gary Cohn there are no obstacles left.
The Reserve Bank of Australia left interest rate unchanged at the meeting on Tuesday resisting the rally of AUD as well as on the signs of a slowdown in the real estate market.
Real estate is the main driver of consumer demand in Australia and the recent fears of a possible bubble in the market created pressure for the Reserve Bank of Australia.
Take a look what the markets have in store for the upcoming week!
Unemployment in Japan in January 2018 fell to a minimum level in almost 25 years, indicating a continuing improvement in the labor market
The US President Donald Trump said on Thursday that the government is going to support the steel and aluminum industries by introducing import duties.
Asian shares fell on Thursday after becoming infected with the anxiety surrounding Wall Street, where the worst monthly activity was recorded in the last two years.
Oil market shows signs of growth due to lowered OPEC productions, however, shale extraction in the United States can change the market direction.
Draghi’s statement contained a softer appeal than discussed, which, may force the British financial intermediaries to pack their bags.
Capital outflows from the European stock market caused the Euro to rise against other currencies, while the Dollar declined due to the rally in bond demand and optimism in the stock market.
Be prepared for the key economic events of the upcoming week. Take a look now!
Oil exports from the US rose last week to 2M barrels a day, almost reaching the October peak of 2.1M barrels.