1. As fears of further trade war escalations between the U.S. and China seem to be fading, eyes are turning to next week’s Federal Open Market Committee meeting by the Federal Reserve. Analysts will be parsing every word of Fed Chair Powell’s statements at the conclusion of next week’s meeting for indications on the near-term…
The ongoing trade dispute between the U.S. and China remained the main focus for mainstream media outlets this week.
The trade dispute between the U.S. and China took a new turn this week as the Democrat-controlled House of Representatives announced this week that it was opening a formal impeachment inquiry against President Donald Trump over alleged abuse of power surrounding a phone call he made to the President of Ukraine back in July.
The ongoing trade dispute between the U.S. and China, uncertainty over the direction of U.S. monetary policy and continued uncertainty over the United Kingdom’s exit from the European Union all remain the primary drivers for market moves in the near term. A clearly sophisticated strike on Saudi Arabian oil facilities over the weekend also acted to send uncertainty and fear into markets.
1. It was a shortened week with the celebration of the Labor Day holiday in the U.S. The primary market drivers remained the U.S.-China trade war and the escalating political crisis in the United Kingdom as they continue to struggle with meeting the upcoming Brexit deadline in October. 2. Hurricane Dorian turned into a complete…
1. Volatility remained extreme this week as the trade battle between the U.S. and China continued unabated. Global bond yields extended their plunge this week as well, increasing the downward pressure on equity markets. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment surged by 9,000 claims from the previous week’s…
1. The battle over the U.S. debt ceiling has once again become a Congressional showdown, as was widely expected. The U.S.-China trade war also continues to remain largely unresolved and these two items alone are likely to trigger a significant increase in market volatility in the coming weeks. 2. The seasonally adjusted number of Americans…
Escalating trade disputes between the U.S. and other nations of the world remain the primary driver for market volatility.
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