PRESIDENT DONALD TRUMP HAVE A POINT – The European Union, wonderful countries who treat the U.S. very badly on trade, are complaining about the tariffs on Steel & Aluminum.

The European Union, wonderful countries who treat the U.S. very badly on trade, are complaining about the tariffs on Steel & Aluminum. If they drop their horrific barriers & tariffs on U.S. products going in, we will likewise drop ours. Big Deficit. If not, we Tax Cars etc. FAIR! – PRESIDENT TRUMP.

USD SHOULD START MOVING UP THIS WEEK

The macro backdrop is benign.  That is to say, there is strong enough growth to absorb slack in most of the major economies and without generating the price pressures that central banks would see as requiring a stronger response.  A few weeks ago, the market ostensibly bought euros and yen on ideas that central banks are exiting there extraordinary easing More recently there has been speculation that the Fed will suggest four rate hikes instead of three this year when it meets on March 21.
On the trade front, the US bark is proving worse than the bite.  Exemptions will be given, as was the case with Bush’s 30% steel tariffs.  While the risk of a trade war has increased, it’s not the most likely scenario.   Even with China, the US rhetoric is more bombastic than supported by US actions.  The US has asked China to reduce its bilateral trade surplus with the US by a billion dollars, according to a presidential tweet, which is hardly even a rounding error on the more than $370 bln imbalance.  Despite the haranguing during the campaign, the Administration has not cited China as a currency manipulator. Read More @ http://www.marctomarket.com/2018/03/dollar-bloc-may-outperform.html

Trump’s Warning Shot on Trade Risks Igniting a Wider Conflict

LONDON — In the more than seven decades since the end of the Second World War, leaders of the planet’s major economies have operated on a rough consensus that trade offers a potent form of inoculation against the outbreak of military hostilities.

The United States and its allies have constructed an economic and security order centered on the notion that communities connected by commerce have a shared interest in maintaining peace. They forged institutions focused on reducing tariffs and other impediments to trade, with the World Trade Organization as the linchpin.

But now this collective understanding is under assault by the very power that has championed it most fervently. As President Trump on Thursday delivered steep tariffs on imported steel and aluminum, provoking vows of retaliation from enraged producers, he risked setting off a global conflict. Read More @ https://www.nytimes.com/2018/03/10/business/trump-trade-war-history.html?partner=rss&emc=rss

WHAT ARE THE CHARTS SAYING ABOUT USD & EURO INDEX?

MONDAY DAYLIGHT SAVING CHANGE; MARKET OPENS EARLY – 5AM. NEWS THAT MOGHT AFFECT YOUR TRADES.

  1. AL DAY – EUROGROUP MEETING and is expected to create lots of surprises for EURO.
  2. Will be a quiet Monday but in favor of the USD.

Be cautious as TUESDAY EVENING will be an important day for the USD and the rest when FED release the CPI data. Which is expected to be weak.  We believe the CPI will be good in favor of the USD. Always be cautious over your money management and stick to the 10/2 Rules at all times.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary

 

4 Comments
  1. storno brzinol 3 months ago

    What i do not understood is in truth how you’re not really a lot more well-liked than you might be now. You are so intelligent. You recognize therefore significantly in relation to this subject, made me for my part imagine it from so many various angles. Its like women and men aren’t involved until it¦s one thing to accomplish with Girl gaga! Your individual stuffs excellent. All the time care for it up!

  2. judi online 3 months ago

    I like this post, enjoyed this one regards for putting up.

  3. Hello there, I found your site by means of Google at the same time as searching for a comparable topic, your site got here up, it seems to be good. I’ve bookmarked it in my google bookmarks.

  4. Medical Cave Kft 2 weeks ago

    I think other web site proprietors should take this website as an model, very clean and wonderful user genial style and design, let alone the content. You are an expert in this topic!

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?