GREY:RAHGF - Post by User
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StokkerProon Sep 04, 2018 12:37pm
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Market Morning: JD Down, Nike Backlash
Market Morning: JD Down, Nike BacklashMarket Morning: JD Down, Nike Backlash, EM Currencies Slaughtered, Oil Past $70 with Hurricane in Gulf – Talks with Canada about a new NAFTA-type deal have broken down, and a public comment period on a proposed $200B in additional tariffs against China is coming to an end on September 5th, setting the stage for an enormous tariff burden to be shouldered by US consumers as inflation has already started to heat up. New tariffs against Chinese imports are expected to take effect later this month, with unclear consequences. Futures were higher overnight, but have since slumped down. The S&P 500 (NYSEARCA:SPY) is set to open slightly lower, with the Dow Jones (NYSEARCA:DIA) down about 0.3%. Read more:
https://marketexclusive.com/market-morning-jd-down-nike-backlash-em-currencies-slaughtered-oil-past-70-with-hurricane-in-gulf/2018/09/