- German DAX futures -2.3%
- UK FTSE futures -1.4%
Risk trades are getting hammered as Trump delivers on his tariffs threat against Canada and Mexico. The tariffs will go into effect on 4 February so there’s still a tiny sliver of hope for things to change. But in all likelihood, it seems like we’ll at least get a taste of a trade war in the short-term to start the new year. Europe is definitely keeping a close watch on its rearview mirror now.
This article was written by Justin Low at www.forexlive.com.
Related Articles
Not a good start to the US stock market. NASDAQ index now down 500 points
The S&P 500 traded below its 200-day moving average on both Thursday...
US February employment trends 108.56 vs 108.35 prior
Prior was 108.35 (revised to 109.45)This is a composite index so it...
USDCHF trades lower in up and down price action
The USDCHF is trading lower in response to declining yields, though price...
PU Prime Expands Deposit Bonus Promotion to Copy Trading Accounts
PU Prime, a globally recognized CFD broker, has announced an update to...
Leave a comment