Euro on track for best week in 16 years as trade war fears hurt US dollar – business live
Rolling coverage of the latest economic and financial newsChina’s foreign minister condemns US imposition of tariffs as ‘two-faced’This has also been a rough week for the oil price.Brent crude, the international benchmark, has dropped by 4% so far this week to just over $70 per barrel.Trump paused tariffs and the market sold off. The old adage that the market hates uncertainty rings true. How the heck are you supposed to make investments or plan?The Nasdaq ended the session down 2.6%, while the S&P 500 finished 1.78% lower. Both are headed for weekly losses of around the 4% mark. Continue reading...
Rolling coverage of the latest economic and financial news
This has also been a rough week for the oil price.
Brent crude, the international benchmark, has dropped by 4% so far this week to just over $70 per barrel.
Trump paused tariffs and the market sold off. The old adage that the market hates uncertainty rings true. How the heck are you supposed to make investments or plan?
The Nasdaq ended the session down 2.6%, while the S&P 500 finished 1.78% lower. Both are headed for weekly losses of around the 4% mark. Continue reading...
What's Your Reaction?
