The sooner CNBC report I highlighted appeared to assist flip round sentiment in fairness markets at the moment in an enormous approach. The bond market has bounced a lot much less however in FX, we’re seeing some sturdy bids within the Canadian greenback.
Deliberations are nonetheless ongoing about what path they’ll take of the three outlined earlier.
“One of many causes that is ongoing is as a result of the President is watching out different international locations are responding,” CNBC’s Megan Cassella reported.
She highlighted Vietnam, India and Japanese funding as some elements in play as these international locations (and others) shift insurance policies.
CNBC additionally famous that Trump is contemplating non-tariff boundaries, although it is not clear how.
I do not assume this report is including a lot to what we knew earlier however the Nasdaq is on the highs, up 0.9%.