By Mike Dolan
London (Reuters) – What is important in the US and global markets today
By Mike Dolan, Editor-Large, Financial Industry and Financial Markets
On Monday, the market with dramatically reconstruction of US-Chinese tariffs continues in the last six weeks of trade Angst in the past six weeks. Punch-drunk investors now assess that something in the real economy is in the process.
In today’s column, I investigate whether the sudden hanging of Chinese tariffs is in fact the economic theory of American conservatives.
Now to all of today’s market news.
Today’s market minute
* The executive order of the White House will decrease by 120% to 54% to 54% to 54% to 54% on Monday, to 54% to 54% to 54%, he said.
* US President Donald Trump caused more economic deals to Saudi Arabia on Tuesday, than the war in Saudi Arabia, Gaza, than the escalation threat of Iran on the nuclear program.
* Apple’s success is relaxing on the iPhone that helps to make a niche player into one of the world’s largest companies in the personal computer industry. Most of it was related to the supply chain in China. Now the geopolitical tensions and trade wars are questioning this dependence.
* The United States and China will be widely met by markets to reduce import tariffs to each other, but the escalation will work very little to restore trade in energy trade. Reuters’ Corner Writer Clyde See why in the last part of Russell.
* A fragmentation between federal reserve and other key banks because they are trying to assess the economic impact of the rapidly changing trade war. The careful position of the Fed repeats the risk of leaving Jerome Powell and his team once again. Read the latest from Reuters Kiosker Jamie McGeever.
Reset, wave and keep
The S &A 500, Nasdaq and Dow Jones indexes indexes 3-5%, their largest single-day interest earnings, from the end of March 1% of the 200-day average.
The stock futures called on a touch on Tuesday, but kept most of their last earnings.
After the positive Chinese trade news, the dollar hit the highest point of the dollars after a month after falling back today. China’s Yuan in the sea has surpassed the best levels of the best since the US elections of November.
After the agreement between the two largest economies on Monday, the White House, the American tariff “De Minimis” in China will be reduced to 120% to 54%, he said.
Meanwhile, the United States returned to the US Treasury product as the US treasury productivity, federal reserve rate recommended this year.
Return to one of the square? Well, not complete.
US tariffs came out of the mountain summit and the investor relief is palpated. Goldman Sachs returned the US chances of recession to 35% of 45%. It is the first basic broker to do this.
Blackrock CEO Larry Fink says that dozens of financial firing power, dozens of dollar financial fire forces, cash-money and uncertainty, unknowns, defit investors will start to sleep in investors, uncertainty.
And the April 2 movement is still suspended by only three months and continuing negotiations. At this point, the United States’s total effective rate is currently in the beginning of the year, almost twice the year, it is almost five times before the year.
A really effective tariff rate is about 13%, according to the Fitch Credit Rating Company, so it is the highest since the two world war.
With the consumer price sheet of April, with retail and industrial numbers with retail and industrial numbers with the consumer price sheet, while everyone is waiting and watching.
The title of annual inflation is expected to remain 2.4% last month.
However, before the report, a sign that the Price of New vehicles in April, the automatic tariff measures of the Trump are accelerated by the car market. The average price consumers paid after discounts and promotions has increased by 2.5% since March, in recent years in recent years, it increased more than a typical 1.1% increase in these two months.
There were signs of more trust between households and companies before the tariff broom.
The United States’s best bank loan employees have redeemed credit demand for many loans for many loans for many loans for many loans for many loans in the first three months of the year, in the previous quarter.
In another place, shares all over the world, assassinated in the Tariff Dedente – speaking higher in most cords in Asia and Europe. Positive English salary information and German Zew investor helped the spirit readings.
Today, make sure that I checked my column here, where I look a little deeper to the effectiveness of tariff walks, why the budget and why the budget and government revenues may befall the budget and government revenues.
Schedule of the day
The US consumption price inflation for April is due to the release of Tuesday, because households can affect the increase in import tariffs on April 2. Due to various delays related to the existing contractual period and manufacturers, some hit, economists today’s report will take an incomplete picture. There may be a few months before the full effect is detected.
As the United States is reconstructed on Monday, the tariff target changes all the time. The wide space between the inflation trends in the United States and China since the panamia, in April this week, the CPI inflation was still in the negative inflation in the negative inflation. In both countries, both domestic demand and both relative competitiveness are talking.
Today’s events to watch
* US April Consumer Price Report (8: 30Edt)
* New York Federal Reserve issues Q1 Home Debt and Credit Report (10: 00DT)
* The Governor of England speaks Andrew Bailey and Chief Economist Huw Tablet
* EU finance ministers meet in Brussels, European Central Bank Vice President Luis de Guindos
* US President visits Donald Trump, Saudi Arabia, Qatar and the United Arab Emirates in the Middle East in the Middle East (May 16)
* NATO Secretary General Mark Rutte Ankara Antalya on May 14-15 in Antalya Antalya Antalya Unofficial Meeting
Ideas stating that the author expresses. Reuters under trust principles do not reflect the opinions of the news, deprivation of integrity, independence and prejudice.
(By Mike Dolan; regulation by Nia Williams)
