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Thursday, August 1, 2019

Trump's tariffs jolt global stocks, trigger rush to safety

Global stocks took another beating on Friday with investors piling into safe-haven assets after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.


from Reuters: Business News https://ift.tt/2SZUIG3

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf