EU has chance to win exemption from U.S. tariffs -German minister
BERLIN, March 22 (Reuters) – The European Union has a chance to secure an exemption from U.S. tariffs on steel and aluminium imports that are going into effect on Friday, said German Economy Minister Peter Altmaier. “I believe that we actually have a chance to prevent those (tariffs) from going into effect,” he told the […]
Euro hält Kursgewinne nach US-Zinsentscheid
FRANKFURT (dpa-AFX) – Der Euro hat am Donnerstag die kräftigen Kursgewinne nach geldpolitischen Beschlüssen der US-Notenbank Fed vom Vorabend gehalten. Am Morgen wurde die Gemeinschaftswährung bei 1,2346 US-Dollar gehandelt und damit etwa zum gleichen Kurs wie am Vorabend. Zuvor war der Euro in der Spitze um etwa einen Cent gestiegen. Die Europäische Zentralbank (EZB) hatte […]
Trump set for China tariff announcement on Thursday, trade war fears grow
WASHINGTON, March 21 (Reuters) – President Donald Trump will announce tariffs on Chinese imports on Thursday, a White House official said, in a move aimed at curbing theft of U.S. technology and likely to trigger retaliation from Beijing and stoke fears of a global trade war. There was no indication of the size and scope […]
Gold up on faltering dollar after Fed comments
March 22 (Reuters) – Gold prices edged higher on Thursday, adding to gains in the previous session on the back of a weaker dollar after the U.S. Federal Reserve disappointed investors expecting more hawkish comments on interest rate rises. FUNDAMENTALS: * Spot gold rose 0.1 percent to $1,333.41 per ounce at 0030 GMT. Prices rose […]
London copper climbs off 3-month low on dovish Fed
MELBOURNE, March 22 (Reuters) – London copper climbed off its lowest in three months on Thursday after the U.S. Federal Reserve signalled a slower pace of rate rises this year, which weighed on the dollar. FUNDAMENTALS * London Metal Exchange copper traded at $6,838 a tonne by 0230 GMT, extending a small recovery from the […]
Devisen: Euro steigt vor Fed-Entscheidung – Pfund profitiert von Lohndaten
FRANKFURT (dpa-AFX) – Der Kurs des Euro ist am Mittwoch gestiegen. Im Vormittagshandel kletterte die Gemeinschaftswährung zeitweise bis auf ein Tageshoch bei 1,2291 Dollar und lag damit einen halben Cent höher als am Morgen. Auch wenn der Euro gegen Mittag wieder etwas auf zuletzt 1,2280 Dollar zurückgefallen war, konnte er einen Teil der Vortagesverluste wieder […]
Kupfer und Nickel schwach, Glencore warnt vor Kobalt-Engpass
(shareribs.com) London 21.03.2018 – Die Industriemetalle liegen am Mittwoch unter Abgabedruck. Kupfer rutscht auf das geringste Niveau seit drei Monaten, bedingt durch Sorgen über den globalen Handel. Die erwartete Leitzinserhöhung bremst ebenfalls. Waren die Preisbewegungen bei den Industriemetallen in den vergangenen Monaten geprägt von einem sich verbessernden Marktfundament, treten nun makroökonomische Faktoren in den Vordergrund. Dies […]
U.S. says in talks over steel and aluminum tariff exemptions
WASHINGTON, March 21 (Reuters) – The United States is in talks with the European Union, Argentina and Australia on granting possible exemptions to steel and aluminum tariffs, Trade Representative Robert Lighthizer told the House Ways and Means Committee in a hearing on Wednesday. Lighthizer said that talks with South Korea over any possible exemption would […]
Copper slips to 3-month low ahead of Fed policy statement
LONDON, March 21 (Reuters) – Copper slid to three-month lows on Wednesday along with zinc and aluminium as expectations for another U.S. interest rate hike and worries over the prospect of a global trade war stoked concerns over the demand outlook for industrial metals. Copper, chiefly used in construction, is down for a fifth session […]
German economy likely to grow by 2.6 pct this year
BERLIN, March 21 (Reuters) – The Ifo institute on Wednesday confirmed its forecasts for the German economy to grow by 2.6 percent this year and by 2.1 percent in 2019 but said the debate about tariffs in transatlantic trade was weighing on business sentiment. Sticking to the growth forecasts it had made for Europe’s largest […]
