24
Aug
The US dollar is trading higher against nearly all the currencies.
Equity markets are mixed and bond yields are lower alongside oil prices. There are two major developments. First, the US and Canada trade talks broke down, and the risk is further escalation. Last week, President Trump has granted Canada a three-day grace period from the 50% tariffs on $20 bln of Canadian goods, even those that were protected by the USMCA saying a deal was struck. Canadian Prime Minister...