Not a war for global supremacy at all. For the USA its a reluctance to look in the mirror and study the unwelcome truth about civil war at home with neither side having a leader. For China its mostly reacting to US uncertainties and US identity ...

China monthly: Prepare for battle

USA is mis-reading the support the rest of the world (except USA) has for the WTO. People in all countries have benefited from a more open world economy and human society. So where is the endgame for USA? If it is to destroy the WTO then one country ...

Trump says U.S. tariffs could be applied to Chinese goods worth $500 billion

Against all the practical odds but being theoretically correct free trade unleashed an upsurge in human welfare.

U.K. Outlines New Trade Plan for Brexit Ahead of Cabinet Meeting

The UK's war with Germany (1939-45) lasted 5 years and 8 months. The decision to have a referendum to leave the EU was made on 23 June 2015 so 3 years and 12 days have already elapsed. It will be a close run thing for Brexit to be achieved in less ...

U.K. Outlines New Trade Plan for Brexit Ahead of Cabinet Meeting

This is a USD time. Full employment, policy thrust in the pipeline, politically stable (relative) and FED keen to 'normalise'. Jobs report not enough to turn this around.

German Chancellor Merkel, Interior Minister Seehofer Reach Agreement - NTV

Bottom line. He is very worried about November US elections.

Trump blasts OPEC, warns European companies against Iran ties

Some progress but many years away from full employment.

Euro area unemployment at 8.4%

USA would of course be one of the biggest losers. Building up trade relations covering over 3,000 goods and higher number of services, between 164 countries, and achieving progress on property rights, intellectual property, climate change, nuclear ...

A leaked Trump bill to blow up the WTO

1. Protectionism is not good - even for the perpetrators. 2. US economic data are sound, at least on a relative basis. 3. Trade deficits tell you nothing about fairness. 4. USA 'good economic policies' has no-one minding the shop except the FED. 5. ...

US dollar strength resumes as focus remains on Trump's protectionism

"Although the Federal Reserve began raising short-term interest rates in December 2015, the pace of tightening in this cycle has been exceptionally slow compared to past cycles." Unless you explain why you are just stating the obvious.

Mid-Year Bond Outlook: Last One Out, Turn Off the Lights

Its remarkable that cavemen can now tweet.

A Harley-Davidson should never be built in another country-never! Their employees and...

The global trade muddle just added another layer of obstacles to a clean brexit take-off. Expect mainly sideways to down pending gubarnatorial elections in November. GBP way oversold otherwise.

GBP/USD Technical Outlook: Sterling Threatens Larger Price Reversal

Occasionally an otherwise sensible and well known citizen may be observed acting out of character and maybe even dangerously so threatening to the order of things and generally making people feel very uneasy and protective of their loved ones. I ...

Sentiment tentatively rebounds but fear of protectionism is growing

The USA wants its own people to pay more for what they import from the rest of the world - which is a large number of dollars. The rest of the world - about 80% of production and income - can still fly without a US engine while dealing with the US ...

This analyst says a US-China trade war is unlikely to blow up global trade growth

Sadly the issues are much more subtle and complex than described here. WTO has 164 member countries covering over 3,000 types of physical goods and more types of services, protocols in place for intellectual property and linkages with globalisation ...

EU tariffs on US goods come into force

Britain is better off than Greece. It can afford to exit. Greece gets more sun though.

Greece's Creditors Agree Landmark Debt Deal as Bailout Saga Ends

SNB intervention (i.e. Sell) remains a policy commitment and therefore a possibility in current circs. Just need to be watchful of CHF exposure.

Swiss National Bank leaves expansionary monetary policy unchanged

Global financial crisis 2008 - ongoing; USA political crisis 2017 - ongoing, policies - shoot from the hip; Global trade tensions 2018 - Brexit continuing, sanctions against Russia continuing, USA walks away from Iran deal, USA tariffs policies ...

Safe havens catch a bid as US/China trade dispute escalates

And what we do not need is a trade war driven recession.

ECB's Draghi says Euro-Area growth and inflation is gradually returning towards our objective

Russia already has trade sanctions involving USA and Europe. USA is being led in a populist manner which means making decisions which please your voters but which take you further away from better outcomes. Then later when the bad outcomes become ...

Trump seeks additional $200 billion in tariffs against China — and threatens even more