• Soybeans jump from near decade-lows as US-China trade battle heats up

    13 days ago - By Business Insider

    Soybeans climbed more than 2% on Friday.
    The US and China imposed $34 billion in tariffs on eachother.
    Follow soybean prices in real time here.
    Soybeans rose more than 2% Friday after President Donald Trump followed through with tariffs on $34 billion worth of Chinese goods, prompting in-kind retaliation from the world's largest soy importer.
    The tariff implementations mark the first material movements in a face-off between the world's largest economies that has pushed soybean prices down nearly 20% since March, when the Trump administration announced plans to penalize China for what US...
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  • Soybeans jump from near decade-lows as US-China trade battle heats up

    Soybeans jump from near decade-lows as US-China trade battle heats up

    13 days ago - By Business Insider

    Soybeans climbed more than 2% on Friday.
    The US and China imposed $34 billion in tariffs on eachother.
    Follow soybean prices in real time here.
    Soybeans rose more than 2% Friday after President Donald Trump followed through with tariffs on $34 billion worth of Chinese goods, prompting in-kind retaliation from the world's largest soy importer.
    The tariff implementations mark the first material movements in a face-off between the world's largest economies that has pushed soybean prices down nearly 20% since March, when the Trump administration announced plans to penalize China for what US...
    Read more ...

     

  • What's Next For The Dow Jones Industrial Average?

    What's Next For The Dow Jones Industrial Average?

    13 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis wraps up the trading week with a deep dive into the technical indicators for the major U.S. averages.
    Equities opened higher on Thursday, after the brief holiday. Rumors that the US and Europe may be close to a deal on Auto Trade, sparked the Markets. The major averages were up modestly in the early going than dropped after the first hour. The indices did reverse to the upside again, until the FED Minutes, when a hawkish tone, lead a minor sell-off. Prices picked back up again, as very weak volume, lead to radical price...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    14 days ago - By Business Insider

    Here is what you need to know.
    The trade war is on. President Donald Trump's 25% tariff on $34 billion worth of Chinese goods, as varied as aircraft and chicken incubators, went into effect at midnight.
    Here comes the jobs report. The US economy is expected to have added 195,000 nonfarm jobs in June with the unemployment rate holding at 3.8%, according to economists surveyed by Bloomberg. Average hourly earnings are expected to have risen 2.8% year-over-year.
    Citi warns a 'full-on global bear market' is coming. A team led by the equity strategist Robert Buckland says markets are in the...
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  • China Says U.S. Has Begun 'Largest Trade War' In History, Retaliates With Tariffs

    China Says U.S. Has Begun 'Largest Trade War' In History, Retaliates With Tariffs

    14 days ago - By NPR

    At midnight, U.S. tariffs took effect on $34 billion worth of imported Chinese goods - and Beijing responded quickly. The tit-for-tat marks a significant escalation in the countries' trade dispute. (Image credit: Justin Sullivan/Getty Images)
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  • US added 213,000 jobs in June; unemployment rose to 4 pct

    14 days ago - By Chron

    WASHINGTON - U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs in a sign of confidence despite a looming trade war with China.
    The Labor Department says the unemployment rate rose to 4.0 percent from 3.8 percent as more people began looking for work.
    On the same day that the Trump administration began imposing tariffs on $34 billion in Chinese imports and China retaliated with their own tariffs, the job gain showed that the 9-year old U.S. economic expansion - the second-longest on record - remains on solid ground for the moment.
    Average hourly pay rose just 2.7...
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  • Asia-Pacific Daily Briefing: Navigating the Trade War

    14 days ago - By Economy

    The stakes just got higher with the new tariffs imposed by the U.S. and China responding in kind.
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  • American Companies In China Are Concerned About Tariffs, Zarit Says

    14 days ago - By NPR

    On Friday, the U.S. imposed tariffs on $34 billion worth of Chinese imports. Steve Inskeep talks to William Zarit, chairman of the U.S. Chamber of Commerce in China, about the impact of tariffs.
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  • China Says U.S. Has Begun 'Largest Trade War' In History, Retaliates With Tariffs

    China Says U.S. Has Begun 'Largest Trade War' In History, Retaliates With Tariffs

    14 days ago - By NPR

    At midnight, U.S. tariffs took effect on $34 billion worth of imported Chinese goods - and Beijing responded quickly. The tit-for-tat marks a significant escalation in the countries' trade dispute. (Image credit: Justin Sullivan/Getty Images)
    Read more ...