The trade war initiated by the United States is actually helping China achieve one of its coveted long-term financial goals – the greater use of its currency, the yuan, in international commerce and financial transactions.
US/China Trade War
Investors Agree With Trump: Any Trade War
Gold Silver Reports (GSR) – That’s the early view from financial markets as the tariff dust-up between China and the U.S. shows increasing signs of impacting stock prices. While broad measures of American equities have held up better than their Chinese counterparts, striation within the U.S. market shows investors anticipate steep losses in some stalwart names.
Gold Prices Ready For ‘Test $1250’ as Dollar Rises
Gold Silver Reports (GSR) – Gold Prices Ready For ‘Test $1250’ as Dollar Rises — GOLD PRICES touched the lowest level since the end of December at $1282 per ounce before bouncing back to $1285 while the US Dollar rose to a 5-month high versus its major peers on the currency markets.