The Twisted Logic Behind Trump’S Claim That China Is A Currency Manipulator

in #finance5 years ago

Manulife Financial profit beats estimates on strength of Asia unit: Reuters


The Asia unit reported a nearly 15 per cent rise in core earnings to US$471 million, while its domestic and U.S. businesses slipped

Nickel proves it’s the wildest metal with sudden $2,000 spike: Bloomberg News


Nickel has always been known as volatile, but its biggest daily jump in a decade has left even the most seasoned traders astonished

The twisted logic behind Trump’s claim that China is a currency manipulator: Joe Chidley


Joe Chidley: Trump saw his chance to make good on his election promise to label China a currency manipulator, and he took it

Canadian Tire to buy Party City’s Canada business, reports 5.9% rise in revenue: Reuters


Retailer was buoyed by strong sales of its private label brands

Canada dollar outlook brightens with stable domestic economy: Reuters


TORONTO — The Canadian dollar will strengthen against its U.S. counterpart over the coming year, recouping ground lost since July, as Canada’s economy stays strong enough to withstand global trade uncertainty, a Reuters poll predicted. Canada’s dollar has fal…

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Medicare to cover expensive cancer cell therapies - Financial Post:


Medicare to cover expensive cancer cell therapies Financial Post The U.S. Centers for Medicare and Medicaid Services (CMS) on Wednesday said it has finalized a decision to cover expensive cancer cell therapies sold by... View full coverage on Google News

Waterloo’s Kik Interactive files blistering response to SEC lawsuit over crypto offering: James McLeod


'… badly mischaracterizes the totality of the facts and circumstances leading up to Kik’s sale of Kin in 2017'

SNC-Lavalin gets all-clear from Ontario court to sell Highway 407 stake to CPPIB: Bloomberg News


SNC-Lavalin agreed to sell a 10.01 per cent stake in the Toronto toll road for as much as $3.25 billion in cash to the Canadian pension fund

Beyond Meat’s latest restaurant conquest is the Subway meatball sub: Bloomberg News


The Beyond Meatball Marinara sub will be tested in 685 Subway locations for a limited time in the U.S. and Canada starting in September

Housing market flashing ‘encouraging signs,’ Home Capital CEO says: Geoff Zochodne


Comments came after Home Capital reported a profit of $31.9 million for its second quarter, up from $29.6 million a year ago

Stocks resume sell off as bond surge warns of looming recession: Bloomberg News


U.S. equities slumped and bonds rallied globally after a series of dovish central-bank surprises underscored growing concern over the outlook for growth. The S&P 500 Index’s loss approached 2 per cent in heavy volume as the 30-year Treasury yield closed in on…

World economy headed for its first recession in a decade as trade fears spread: Bloomberg News


Economists are starting to war game for how a recession could happen

As U.S. and China lock horns in trade battle, Canadian business investment feels the fallout: Naomi Powell


The escalation in trade tensions between the world two biggest superpowers is far from good news for Canada

Canada’s Stingray is taking on the music streaming giants — and its chief executive is worth a listen, too: Kevin Carmichael


Kevin Carmichael: Eric Boyko has two main policy concerns about doing business in Canada, neither of which has an obvious champion in Ottawa

More surprises possible in SNC-Lavalin’s fixed-bid business, analysts say: Geoff Zochodne


Both the company and some analysts who cover it say changes could take time to bear fruit, which may not be what investors want to hear

'At the edge of a cliff': Oil prices could plummet to $40 if U.S.-China trade war drags down global economy - Financial Post:


'At the edge of a cliff': Oil prices could plummet to $40 if U.S.-China trade war drags down global economy Financial Post Crude Inventory Draw Unable To Boost Oil Prices | OilPrice.com OilPrice.com Bloomberg Market Wrap 8/6: Emerging Markets, Trade War Moves…

‘At the edge of a cliff’: Oil prices could plummet to US$40 if U.S.-China trade war drags down global economy: Geoffrey Morgan


Just the collapse of trade growth has shorn 500,000 bpd out of oil demand

SNC-Lavalin investors hit with $5.2-billion stock wipeout, widened bond spread: Bloomberg News


The stock fell to a 15-year low, bringing the year-to-date plunge to 65 per cent

Canadian yield curve inversion dives to deepest level since 2000: Bloomberg News


Traders are adding to bets the Bank of Canada will 'roll over' and cut interest rates

How stores are working to get ‘numb’ back-to-school shoppers to spend now that every day is a sale: Bloomberg News


Back-to-school shopping was a one- or two-week thing. Now, it seems to go on forever


[news curation]@wakanda-forever



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