EU really wants to make a deal South Koreans very much want to make a deal. EU attacks our great American tech companies every day America must take control of tick-tock algorithm to address national concerns TikTOk as to come out of Chinese control This article was written by Greg Michalowski at investinglive.com. fbs.mobi
Prior week 221K Initial jobs claims 217K versus 226K estimate 4-week moving average of initial claims 224.5K versus 229.50k Continuing claims 1.955m versus 1.960m estimate. Prior week 1.951m revised from 1.956m previously reported This article was written by Greg Michalowski at investinglive.com. fbs.mobi
Will assuage any concerns from businesses There are no discrepancies between Japan and US on rice, defense equipment on trade deal The feeling at the moment is that he’s a dead man walking. But he’s still putting up a strong facade for now. Japan’s ruling LDP party will be holding an internal meeting next week … Read more
Our focus is on finding a negotiated outcome with the US We believe such an outcome is within reach No intention to bring additional countermeasures between now and 1 August But we remain prepared for all scenarios All this talk is keeping markets optimistic but if it does persist for too long, it might start … Read more
The dollar is trading more mixed as it holds marginal gains against some major currencies but keeping lower against the antipodes in trading today. EUR/USD is down just 0.1% to 1.1753 while GBP/USD is down 0.3% to 1.3540 currently. The latter owes to some softness after a weaker UK PMI data earlier here. However, the … Read more
Prior 52.8 Manufacturing PMI 48.2 vs 48.0 expected Prior 47.7 Composite PMI 51.0 vs 51.8 expected Prior 52.0 This article was written by Justin Low at investinglive.com. fbs.mobi
Stands ready to work with relevant countries to enhance dialogue on export controls To keep global industrial supply chains stable, safe and secure As much as China tries to paint a picture as though they’re doing right by everyone on this, we all know this is one of their main leveraging tools in terms of … Read more
German DAX futures +1.2% UK FTSE futures +0.5% European stocks look set for a strong open as optimism for a US-EU trade deal is helping to underpin sentiment. Trump tried to play up some hopes on that overnight and that’s permeating across markets right now. As for broader risk sentiment, tech shares are looking buoyed … Read more
Tesla’s pension for underdelivering and underperforming continues as the company reported its biggest quarterly revenue decline in more than a decade. The fallout from Elon Musk’s strife with US president Trump continues to bite at the company and not even its newly released Model Y SUV was enough to help revive demand conditions. This marks … Read more
We have reached an inflection point As our cooperation deepens, so have imbalances Vital for both Europe and China to acknowledge respective concerns and come forward with real solutions With both sides starting to find compromises with the US now, they are starting to turn their backs on each other again. This will be another … Read more
