Italy to flaunt EU budget restraints, US data continues to underwhelm, Aussie unemployment overshadows rate hike, and Bitcoin invades consensus.
Global data showing trade-war strain, oil buoyed by Gulf attacks despite huge API build, and Gold could be in for some Chinese panic buying.
Equities follow US index collapse southward, GBP gains on bipartisan hopes, Apple could face billions in court charges. and Bitcoin wisp-fully surge.
Uber opens with a whimper, Bitcoin crosses 7k, US data weak, Asian markets bleed, China remains intransigent, more tariffs to come.
Trump’s Tariff-Terror Tactics Take Toll, Chinese Dep-PM to travel to talks anyhow, gold up on sentiment, and BMW shares down on earnings.
US blames China for backpedling on agreement, Carney hints at future hikes, Barr faces contempt charge, & CFTC seeing more bitcoin processing applications.
Trump threatens more China tarrifs amidst talks, also Chinese & British PMI improves, Bitcoin up on more indexes & US tax refunds, and Berkshire stumbles.
Powell defies the Boss, May could rething customs alliance, US taxpayers can get rebates in Bitcoin, and Berkshire-Hathaway to release on the Sabbath
FOMC expected to ignore Trump, China to ease funding, UK shop prices down, and Apple shares up on buyback and despite revenue miss.
Asia Indexes ended in the green globally yesterday and this morning, save the Nikkei (down a quarter percent) and the Hang Seng (down 0.7%). Overnight, Chinese PMIs surprised with a fractional drop to 54.3 – non-manufacturing – and 50.1 – manufacturing (50.2, according to Markit’s Caixin measure), this despite the latest support measures, which were…