Mexico

Trade Wars Escalate: Trump Admin Hikes Tariffs On Bombardier To 300%

In a decision that's bound to infuriate the leaders of Canada and the UK, the US Commerce Department on Friday tacked on an additional 80% tariff against Bombardier C-Series Jets imported from the US's northern neighbor, adding to a 220% preliminary levy authorized last week...

WTI Tumbles Below $50 To 3-Week Lows

On the heels of continued dollar strength, output increases by OPEC (and US production at 2 year highs), and Libya restarting its biggest oilfield, WTI prices are tumbling for the 3rd time this week, back below $50 to their lowest in 3 weeks...

Dollar Surge Continues Ahead Of Jobs Report; Europe Dips As Catalan Fears Return

World stocks eased back from record highs and fell for the first time in eight days, as jitters about Catalonia’s independence push returned while bets on higher U.S. interest rates sent the dollar to its highest since mid August; S&P 500 futures were modestly in the red ahead of hurricane-distorted nonfarm payrolls data

US Trade Balance Shrinks More Than Expected As Deficits With China, EU Decline

The U.S. trade deficit shrank 2.7% in August 2017, declining from a downward revised $43.6 billion in July  to to $42.4 billion in August, better than the $42.7 billion expected, as exports increased by 0.4% to $195.3 billion and imports decreased by 0.1% to $238.1 billion. This was the smallest trade deficit since last September.

Frontrunning: October 2

  • At least 50 dead in Las Vegas shooting (Reuters)
  • Spanish PM faces crisis after violent secession vote in Catalonia (Reuters)
  • Trump Rejects Dialogue With North Korea (WSJ)
  • HP Enterprise let Russia scrutinize cyberdefense system used by Pentagon (Reuters)
  • Automakers Plan Electric Car Blitz as Tesla Burns Billions (BBG)