The markets are still completely defeated, although President Trump indicates late yesterday that customs duties by 25 % on Canada and Mexico will be announced this weekend, Sean Osborne, the large FX strategy in ScotiaBank.
The markets remain calm in general
“CAD fluctuating but quickly stability, as for MXN. The dollar is generally higher today, but stocks are positive, and bonds are often more stable. Young people suffer from modest performance impaired. It will be avoided.”
“The comprehensive and aggressive definitions of Mexican and Canadian products will be hugely exposed to local economies, but they will also raise the prices of consumers in the United States and be particularly harmful to American and food industries. Don’t continue either.
“If the customs tariff is imposed, the US dollar will enhance on a large scale in the early next week. If there is residence, then the tariff bark has seemed worse than a bite – can President Trump carry this? Reports this morning include the q4 employment and income index. Ps/Core PCE data.
