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Investors are weighing up the erratic geopolitical backdrop with high hopes for earnings growth. Laying beneath the uncertainty is the question
Fed minutes were released after the close of European equity markets. The dollar popped after minutes revealed that all members of the FOMC see higher US economic growth and inflation and thus a need for more rate hikes. There was an
Investor hopes of avoiding punitive tariffs have again been dashed on both sides of the Pacific.
Economic advisor to the White House Larry Kudlow saying that tariffs may come before negotiations with China means international companies may have to face the rough before the smooth. For their part, Bejing
The chance of hot war in Syria with opposing sides backed by the US and Russia has understandably left investors cold. Wall Street closed lower with the Dow losing over 200 points as investors moved into government bonds as a haven. The increased
The only saving grace was that Trump’s tweets saw no follow through to military action. But
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Trading on Wall Street was lacklustre, with the S&P moving between small gains and losses before moving lower into the close. News that a meeting between President Trump and China’s President Jinping Xi was being pushed back into April served to dampen dem…Read more