Despite majority of geo-political and economical issues being initiated by USA, the US dollar basked in all its glory as a safe haven asset backed by strong fundamentals in form of positive US macro data, multiple fed rate hikes and positive price action in US bond market.
President Trump
President Trump: Predicts ‘Great Deal’ with China on trade
Gold Silver Reports (GSR) — He expects a bounce after the midterm elections thanks to strong earnings, monetary policy that is still “pretty easy” and fiscal policy that should continue to support the market.
President Trump hints to WSJ that Trade Fight with Japan Could be Next
✅ During a phone call with President Donald Trump, WSJ columnist James Freeman noted that the president sounded “still very focused on eliminating trade deficits with America’s trading partners.”
US-China Tariffs: ‘The First Shots to The Trade War are About to be Fired’
Gold Silver Reports (GSR) – U.S. President Donald Trump said on Thursday that tariffs on $34 billion worth of Chinese goods will kick in at 12:01 a.m. EST on Friday morning. China said that its tariffs on U.S. goods would take effect immediately after the U.S. duties kick in.
U.S.-China Tensions Simmer While Both Say There’s No Trade War
Gold Silver Reports (GSR) – U.S.-China Tensions Simmer While Both Say There’s No Trade War — Serious talks “have not really begun yet,” Larry Kudlow, head of the White House National Economic Council. “We haven’t yet given China a list of demands on what we want,” Kudlow told reporters later on Friday at the White House. “We haven’t done that but such a list is under discussion.”