Central banks in India, Thailand and New Zealand cut interest rates in what one analyst called “defensive action” amid fears of worsening U.S.-China tensions. Source: NYT > Business – Alexandra Stevenson
Trade War Worry Hits Stocks, as Central Banks Cut Rates
A rush to safer investments pushed government bond yields to lows not seen since 2016. Source: NYT > Business – Matt Phillips
A Weak Dollar Could Help the U.S. Getting One Isn’t So Easy.
President Trump has made no secret of his frustration that the United States dollar has strengthened against other currencies. Source: NYT > Business – Matt Phillips
DealBook Briefing: China vs. U.S. Could Be a Long, Slow Grind
Its economy struggling, China may try to inflict maximum political damage, even hoping that a prolonged trade war could derail President Trump’s re-election campaign. Source: NYT > Business –
What’s at Risk if the U.S. Stumbles Into a Currency War
It could wind up undermining the central role the United States has played in the international financial system. Source: NYT > Business – Neil Irwin
A Weak Dollar Could Help the U.S. Getting One Isn’t So Easy.
President Trump has made no secret of his frustration that the United States dollar has strengthened against other currencies. Source: NYT > Business – Matt Phillips