We’ll be curating stories from management guru John Bittleston and making them free to read.Mr Trump's comment added to trade uncertainty already stoked by Washington's re-imposition of metal tariffs on Argentina and Brazil and threats of steep levies for French merchandise in retaliation for a French digital tax that affects US tech giants.
"While the trade mood music can change very quickly, events over the past 48 hours has forced a reassessment in terms of what to expect before the end of the year," Mr Catril said in a note on Wednesday."So the tariff man is back and he has brought market volatility back to life, at least in the equity and bond market," the strategist said.
"The 'shooting itself in the foot' theory is evident when we look at currency markets, with broad-based weakness for the US dollar."
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US: Stocks retreat on economy and trade jittersUS: Stocks retreat on economy and trade jitters
Read more »
US stocks retreat on economy and trade jittersNEW YORK (REUTERS) - Wall Street stepped back from last week's record highs on Monday (Dec 2), with weak US manufacturing data and fresh trade worries keeping buyers on the sidelines.. Read more at straitstimes.com.
Read more »
US stocks tumble on latest tariff, weak dataNEW YORK: Wall Street stocks tumbled on Monday (Dec 2) after President Donald Trump announced new tariff actions on Brazil and Argentina and US ...
Read more »
US stocks tumble on harsh Trump trade movesNEW YORK (AFP) - Wall Street stocks sank in early trading on Tuesday (Dec 3) after President Donald Trump warned a trade deal with China could be delayed and escalated another trade dispute with France.. Read more at straitstimes.com.
Read more »
US stocks fall as Trump trade moves sow uneaseNEW YORK: Wall Street stocks fell on Tuesday (Dec 3) as the latest aggressive manoeuvres by US President Donald Trump on trade sparked worry of ...
Read more »
Singapore stocks: STI resumes Tuesday afternoon down 0.22% on dayRead more at The Business Times.
Read more »