At odds with Trump over trade, Canadians say flying off quotes forex will avoid U. In ‘world of two halves’ funds buy U.
Apple, Qualcomm battle over possible ban on some U. European shares sank on Friday as a tariff dispute between the United States and China escalated, triggering a sharp selloff in trade-sensitive commodities stocks. European shares were set for their best week in more than three months on Friday as investors pushed back expectations for a rate hike after Thursday’s European Central Bank policy meeting. European shares jumped on Thursday after the European Central Bank said interest rates would stay at record lows at least through the summer of 2019 as it announced an end to its massive stimulus plan. European shares fell on Thursday in cautious trade after the U. Fed sounded slightly hawkish overnight and ahead of an ECB meeting in which the central bank will debate the end of its huge asset purchases.
Trading in European shares was hesitant on Wednesday as investors awaited guidance from the Federal Reserve on future U. Inditex rose after results and Just Eat was bruised by intensifying competition. Wall Street ended lower on Friday and global stocks continued to slide after U. The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners. UPDATE 1-Speculators boost bearish bets on U. Speculators’ net short dollar bets rose in the latest week, its second straight week of increases, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. Friday on worries over an escalating trade dispute between the United States and China, but indexes closed well off the day’s lows.
50 billion of Chinese imports and Beijing threatened to respond in kind, raising tensions between the world’s two largest economies. Share prices extended their slide across the globe in U. Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. World shares fell on Friday after U. President Donald Trump announced new tariffs that sparked fears of a trade war between the U.
China, while oil prices plummeted 3 percent over signs that supply may soon rise. New throughout, updates rates, comments to U. 34 billion that excludes television sets and other consumer products, the U. Trade Representative’s office said on Friday. World shares fell and were set to end the week in the red on Friday while the dollar hit a seven-month high, as investors braced for a list of Chinese goods targeted in a first round of announced trade tariffs by the United States. The euro rose off the day’s lows on Friday and stocks recouped losses after Germany’s Christian Social Union party denied it would dissolve its alliance with Chancellor Angela Merkel’s Christian Democrats. Rattled by trade war fears and steep dollar gains, emerging markets ended the week on a sour note with stocks slipping to more than two-week lows and a clutch of currencies on track for their worst week in years.