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US stocks steady but trade war fears linger, despite GDP data

Jul.12 — The Bank of Korea left its key interest rate unchanged on Thursday amid a sharp rise in global trade tensions and slowing jobs growth in Asia’s fourth.

Asian Shares Mixed As Trade Fears Linger. pro-coal ruling Coalition and upbeat Japanese GDP data.. energy stocks turned in a mixed performance despite strong gains in iron ore and crude oil.

 · The pound has fallen to its lowest level against the dollar since April 2017 as fears continue to rise about the possibility of a no deal Brexit. Sterling was down 0.6% against the dollar to $1.24.

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At the same time, trade in most other industries either stagnated or decreased between these years, leading airplane trade to account for 35 percent of total US-Russia trade (OEC 2016).

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But despite these rising risks America’s economic fundamentals remain very strong, with no sign of slowing growth yet appearing in manufacturing, labor market. Data Always Trumps Hypothetical Risks.

Contents Fears linger. pro-coal ruling coalition Upbeat japanese gdp data. Housing sales slumped 8.5% Weaker chinese trade data lends Nikkei 225 index Bear market territory Asian Shares Mixed As Trade fears linger. pro-coal ruling coalition and upbeat japanese gdp data.. energy stocks turned in a mixed performance despite strong gains.

Oil and gold rose taking advantage of the US dollar softness. risk appetite was also higher as investors bought equities putting behind some fears. US-China trade war drags on, it continues to have.

3 days ago · Domestic demand added 0.7 per centage point to GDP growth, more than offsetting the 0.3 point negative contribution from external demand, the data showed. Despite the signs of strength at home, darkening trade clouds globally continue to hang over the economy with exports falling 0.1% in April-June, failing to bounce back from a 2.0% slump in.

3 days ago · Meanwhile, the US and China’s trade tussle is increasingly moving towards a currency war after both sides have been engaged in a damaging tariff war.

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U.S. stocks close modestly higher as trade-war jitters linger By. fueling fears of a trade war after President Trump unveiled tariffs on steel and aluminum.. Real-time last sale data for U.S.

Fundamental analysis and market. data tends to do, but the implications of the world’s second largest economy slowing to its most restrained pace of expansion (6.4 percent) since 1990 is hard to de.