The Dollar Index retreated from its 2018 peak of 96.98 following news that China will resume trade talks with the United States later this month. The news allowed the Yuan and other emerging market currencies to rally after a steep selloff led by the Turkish crisis and ongoing trade tensions.
Global markets were thrown into flux once again when (yet again) U.S. President Donald Trump poured gasoline on the simmering “Trade War” fire.
Despite the U.S. wage growth not being robust enough, the continuous improvement in hiring will force wage growth to accelerate and diminish the slack in labor market.
Global stocks have repeatedly hit record highs, there remains some skepticism over the sustainability of the rally with a selloff on the table if Trump fails to deliver his market shaking tax cuts and fiscal policies.
The mounting nervousness over the outcome of France’s Presidential election is clearly reflecting in fixed income markets.
The prospects of U.S President Donald Trump unleashing a “phenomenal” tax plan in the coming weeks have boosted risk sentiment consequently elevating global stocks.
I want to lay out the facts of America’s past relationship with gold as a currency and dispel some of the misconceptions people might have.
The euro jumped more than 1 % against the dollar on Thursday, rebounding from a 7-1/2-month low, after the ECB cut its interest rate on deposits by just 10 basis points.

Beyond the relentless rise in global yields, there are two major themes to Tuesday's global market trade: a

The euro extended gains against the dollar, thanks to some help from weak U.S. retail sales data.