Month: May 2019

Financial News for the Week of May 31, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S.-China trade tensions continued to dominate headlines as both countries dig in for another round of negotiations under more strained circumstances. U.S. tariffs against Mexico appear to also be in the…


Financial News for the Week of May 24, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Pessimism dominated markets this week, as negative headlines about U.S.-China trade relations continued. UK PM Theresa May announced her resignation after repeated attempts to get her negotiated Brexit deal…


Financial News for the Week of May 17, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Equity markets rebounded this week as the U.S. administration delayed its decision on auto tariffs for six months. Housing starts and retail sales data for April support the narrative of healthy domestic…


Financial News for the Week of May 10, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Effective today, the U.S. increased tariffs to 25% on $200bn worth of Chinese imports.The threat to extend a 25% tariff to virtually all Chinese imports “shortly” remains. This comes even as the two sides…


Financial News for the Week of May 3, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Apart from vehicle sales, recent data paint a positive narrative for consumer-related industries at the start of spring. Real consumer spending and pending home sales surged in March, while consumer confidence…