Many investors have bought gold, a conventional haven asset, as the US-China trade war continues to weigh on global growth and market sentiment. People also plowed money into bitcoin during key moments in the trade war, according to eToro data. Trading of bitcoin surged 140% during these key moments. However, the cryptocurrency remains much more volatile than gold. View Markets Insider's homepage for more stories.
Many investors have bought gold, a conventional haven asset, as the US-China trade war continues to weigh on global growth and market sentiment. People also plowed money into bitcoin during key moments in the trade war, according to eToro data. Trading of bitcoin surged 140% during these key moments. However, the cryptocurrency remains much more volatile than gold. View Markets Insider's homepage for more stories.
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US Treasury yields rise as investors await clues from Powell speechU.S. government debt yields were higher Friday morning, as investors await comments from Federal Reserve Chairman Jerome Powell. Fed folded anyway, nothing but more easing on the way
Source: CNBC - 🏆 12. / 72 Read more »
Escalation in U.S.-China trade war threatens global economy, poses Trump reelection riskAmerican cars, soybeans and oil largely produced in key swing states have been targeted for additional import tariffs by China, marking the latest volley in a widening trade war with the United States that has damaged the global economy. Sure, let's be more like China/Russia, the liberal socialist are the answer 😂 You are wrong! Please stop, getting old.
Source: MarketWatch - 🏆 3. / 97 Read more »
Pompeo tells Trudeau U.S. focused on release of two Canadians in ChinaU.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister ... Leaf power👊 Trudeau just doesn’t know what to do. JustinTrudeau be sure to wash your hands after touching this slime ball. Don't you know where his brown nose has been?
Source: Reuters - 🏆 2. / 97 Read more »
Markets tumble on growing tariffs rift between US, ChinaTrump vows response to China tariffs on $75B of US goods, deepening conflict over trade and technology that threatens to tip a weakening global economy into recession 'Winning'..... YAY? I don't see the 'Winning' but see 'Failure' trying to run something he cannot run. Trump is certainly ‘killing’ it VoteHimOut
Source: ABC - 🏆 471. / 51 Read more »
U.S. official says China far short of soybean purchase pledge after small saleChina has purchased about only half the U.S. soybeans it pledged to buy earlier ... Big mistake China. Soy will make a big come back. I think China may have trumped the farmers. I have no sympathy for the US regarding this. They are reaping the rewards of electing the 'stabel jenius' and his rage-Tweet fueled deal making skills.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. says China is blocking trillions in oil and gas, will send Navy for Asia drillsThe U.S. is weighing in on Vietnam's side amid a standoff in the South China Sea, where Washington says Beijing is blocking access to '$2.5 trillion in unexploited hydrocarbon resources.' If they are blocking it, what's it to the US? Why do they have to police the world!!! Leave the world alone half the shit going on around the world is because of the US if they just stop there would actually be peace in the world!!! Another propaganda!
Source: Newsweek - 🏆 468. / 52 Read more »