Categories Finance

China UN Envoy: No winner in a trade war

No winner in a trade war US should look at its own problem with fentanyl rather than shifting the blame onto others. Beijing may be forced to take countermeasures against US China firmly opposed to unwarranted increase in tariffs by Trump administration This article was written by Greg…

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Categories Finance

Trump Orders Creation of Sovereign Wealth Fund

U.S. President Donald Trump signed an executive order Monday afternoon charging the Treasury and Commerce Departments with creating a sovereign wealth fund. While Treasury Secretary Scott Bessent has expressed at least cautious interest in crypto, Commerce Secretary nominee Howard Lutnick has been a loud champion for the sector.…

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Categories Finance

Mexican peso now higher on the day

The US dollar is now lower on the day against the Mexican peso. The peak today was the highest since March 2022. USD/CAD remains higher by 47 pips on the day but is 220 pips below the peak from shortly after the weekly open. This article was written…

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