It was another news-filled week, particularly with regards to the ongoing U.S.-China trade dispute. The Senate impeachment trial for President Donald J. Trump also began its initial stages this week and will likely eclipse news from mainstream media outlets over the coming weeks.
1. The New Year got underway with a torrent of news. Market volatility skyrocketed this week as Iran followed through on its threat to retaliate for America’s airstrike that killed one of its top commanders last week. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by 9,000 claims from…
It was another shortened trading week due to the timing of the New Year holiday period this year. Despite the shortened week, there was no lack of market-affecting news.
It was a shortened trading week due to the timing of the Christmas holiday period this year. The impeachment of Donald J. Trump was pushed to the back burner as Congress left Washington, D.C. for its Christmas break and media outlets began their usual year-end reviews of the markets.
1. It was a historic week as the U.S. House of Representatives voted to impeach just the third sitting president since the United States of America formed as a republic. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by 18,000 claims from the previous week’s unrevised level to 234,000…
1. The status of the U.S.-China trade negotiation continues to be in flux and remains the top factor affecting market volatility. The House of Representatives moved forward on their plan to impeach U.S. President Donald Trump for his actions towards Ukraine. 2. In a surprise move, the seasonally adjusted number of Americans filing initial claims…
The U.S.-China trade negotiation continues to be the top factor for market volatility. The impeachment inquiry into President Trump’s dealings with Ukraine also resumed this week, and it appears that the House will proceed with drafting formal articles of impeachment.
Despite the shortened trading week due to the Thanksgiving holiday in the U.S., and seemingly positive progress in the trade talks between the U.S. and China earlier in the week, uncertainty surrounding the U.S.-China relationship continues to be the primary driver for market volatility.
The U.S.-China trade dispute continues to provoke uncertainty and volatility in all markets. The impeachment inquiry into President Donald Trump’s dealings with Ukraine also continues to foster division and gridlock within the U.S. government.
The ongoing trade dispute between the U.S. and China continues to spark volatility in all markets. The first public hearings in the impeachment inquiry into President Trump’s July 25 phone call with the President of Ukraine got underway this week but equity markets seemed to largely ignore the spectacle and the political uncertainty it could cause, choosing instead to simply shoot higher on nothing more than the tenuous hope that the U.S. and China were “close” to reaching a trade deal.
© 2002, 2019 | Precious Metals International, Ltd. All Rights Reserved.