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Friday, July 18, 2025

European Markets Wrap-Up: Trump continues to lambast "too late" Powell

Trump continues to lambast "too late" Powell

"Too Late," and the Fed, are choking out the housing market with their high rate, making it difficult for people, especially the young, to buy a house. He is truly one of my worst appointments. Sleepy... 

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Japan trade negotiator Akazawa reportedly making arrangements for another trip to US

It is reported that Akazawa's next visit to the US will be for next week for further tariff talks. Well, as they say tenth time's the charm now? Or something like that. I've lost count at this point.... 

EU's trade negotiator Sefcovic: The last mile is always the most difficult

Will brief EU ambassadors on Friday afternoon. The deadline is August 1st. Will we get a deal by then? In my opinion, eventually the US will get away with higher tariffs (probably 10%) and the EU will... 

BoJ may offer a less gloomy view of US tariff hit in quarterly report - Reuters

BoJ to warn of uncertainty over the impact of US tariffs but may offer a less gloomy view. BoJ to keep interest rates unchanged at the July 30-31 meeting. BoJ likely to maintain view that inflation wi... 

Germany's Chancellor Merz: We can assume that there will be an asymmetrical agreement

We can assume that there will be an asymmetrical agreement. Not sure what he's suggesting here but I guess the US will get away with higher tariffs and the EU will get some concessions in key matters.... 

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Latest Forex Orders

FX option expiries for 18 July 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold . The dollar looked to be making strides yesterday before Fed governor Waller opened the can of worms on a suggestion to cut... 

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