The dollar leads to productivity growth as trading war markets

By Rae Wee

Singapore (Reuters) – As the United States struggles to determine the effects of a global trade war affecting US inflation and growth, the United States has a little redness.

US President Donald Trump threatened European Union goods on Wednesday because major US trading partners will take revenge on trade barriers.

Increased global trading tensions and concerns on US recession risks, and the great variability of large variability in the foreign exchange market, caused great change between the relief and Angest among the change of Trump.

The markets were calm in Asian session on Thursday, because on Thursday, investors took a break from the flurria of the US trade policy.

Dollar, 148.31 increased by 0.05% against 148.31, when it fell a few five months in the United States, it rushed to the Japanese currency as a safe shelter in the United States.

Swiss franc, in the same way, on Monday, the three-month peak and last time on the last time in 0.8817.

The data broadcast on Wednesday, inflation increased slightly than expected, but the data may be temporarily, because the information could be temporarily not to fully do the trump tariffs.

“The worldview for future inflation and the state of the United States is more indefinitely, thank you for the unpredictability of US trade policy,” said James Reilly, the economy of great markets

“These issues are driving markets and (The) report gave little freshness to both of them.”

However, the US Treasury and traders charge a higher in inflation in the lower part of the benchmark, the 10-year productivity is a weekly desperate weekly above 4.3047%.

The two-year productivity has changed to 3.9866%.

Supported the dollar and the five-month advantage of Saturday received the last currency from the last currency from $ 1,0890.

Sterling was strengthened by 0.06% to $ 1.2968, the dollar index was strengthened in Five-month and 103.57 on Tuesday.

Canadian dollars changed less in C $ 1.4372.

On Wednesday, the Canada Bank cut 25 main points and increased concerns about inflationary pressure and trade uncertainty and trump growth.

“Tariffs will have a nightmare for central banks and violate inflation in the world economy in the future in the future,” he said.

“Although central banks cut interest rates to replace the adverse effects of growth, inflation can result in the fact that they can eventually be able to make money policy.”

Elsewhere, Australian dollars rose from 0.07% to $ 0.6326, and the New Zealand dollar up to 0.13% to $ 0.573%.

(Report by Rae Wee; Edit by Jamie)