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Mercedes denies it is considering withdrawing cheaper cars from US
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Alstom to deliver Avelia Horizon trains to Morocco under $845m contract
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Factory Activity Fell in March on Tariff Concerns, Says ISM
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UBS informs Italian unions of plans to cut a third of its jobs in the country
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Why Trading Around Tariffs Is a Risky Play
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Argus cuts Illumina target, sees buying opportunity
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Yen is still surging, USD/JPY 148.00 trading. Gold is “hold my beer” around US$3157
more to come Yen crosses much lower (higher yen) Gold, too, making gains: This article was written by Eamonn Sheridan at www.forexlive.com.
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Deutsche Bank: there will be a straight-forward FX adjustment. Watch China’s next move
Deutsche Bank is out wit ha quick note on the tariffs: Quick summary of President Trump’s announcements: tariffs on the American continent are lower than expected, European tariffs are as expected, tariffs on Asia significantly higher than expected. There should be a straightforward FX re-adjustment between Asia FX…
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EUR risen strongly in Asia morning trade after Trump tariff announcement sell off earlier
Trump announced a 10% baseline tariff on all imports, with higher rates for major trading partners, including 34% on China and 20% on the EU. ‘Risk’ was slammed lower, with yen and gold benefitting. EUR/USD trade under 1.0820 and has now recovered to above 1.0910 as I post.…
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Proposed Port Fees for Chinese Ships May Hit US Maritime Industry
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