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Trump says he is open to further tariff discussions with Canada | investingLive
Trump said that his administration’s newly imposed tariffs are progressing “very well, very smooth,” and signaled openness to further trade talks — including with Canada. Speaking to NBC News, Trump revealed he may speak with Canadian Prime Minister Mark Carney later in the evening. His remarks come just hours after signing an executive order that…
Tight Labor Market Likely to Delay Fed Rate Cut Further – Currency Thoughts
Tight Labor Market Likely to Delay Fed Rate Cut Further June 7, 2024 The 272 thousand increase last month in U.S. non-farm payroll employment exceeded market expectations by nearly 50% and comes on top of 238k per month job growth in the prior two months. Job growth per se needed delay a rate cut, but…
10,000 US hotel workers strike as contract talks break down By Reuters – Forex Trader Hub
By Doyinsola Oladipo and Mrinmay Dey NEW YORK (Reuters) -Some 10,000 U.S. hotel workers began a multi-day strike in several cities on Sunday after contract talks with hotel operators Marriott International (NASDAQ:), Hilton Worldwide, and Hyatt Hotels (NYSE:) reached an impasse, the Unite Here union said. Unite Here, which represents workers in hotels, casinos, and…
Japanese Yen Surges as Weak US Dollar Fuels Momentum
By RoboForex Analytical Department The USD/JPY pair extended its decline on Wednesday, dropping to 142.36 amid sustained dollar weakness. Key factors driving USD/JPY Movements The Japanese yen’s appreciation is being propelled by broad-based US dollar softness. The greenback faced selling pressure as concerns grew over the economic fallout from proposed new US tariffs. In a…
Alstom S.A: Alstom to overhaul and modernize 181 Bi-Level commuter rail cars for Metrolinx in Ontario, Canada
Mid-life overhaul and upgrades of…
