Trump’s Fed attack sees dollar dive and stocks struggle

LONDON (Reuters) – Critical comments by U.S. President Donald Trump about the country’s central bank held back some stocks on Tuesday, while the dollar fell for the fourth consecutive day in its worst spell since March. FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File More...

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By admin On Tuesday, August 21st, 2018
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Exclusive: Trump says ‘most likely’ to meet North Korea’s Kim again

WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he would “most likely” meet again with North Korean leader Kim Jong Un, while defending his efforts to convince Pyongyang to give More...

By admin On Tuesday, August 21st, 2018
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Instant View: Trump takes Fed to task for rate hikes in Reuters interview

(Reuters) – U.S. President Donald Trump said on Monday he was “not thrilled” with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their More...

By admin On Tuesday, August 21st, 2018
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Asian stocks up on hopes trade tensions ease, Trump comments hit dollar

TOKYO (Reuters) – Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy More...

By admin On Tuesday, August 21st, 2018
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Fed’s solo act faces tremors in Turkey and a slower Europe

WASHINGTON/SAN FRANCISCO (Reuters) – The U.S. Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit its plans. FILE More...

By admin On Tuesday, August 21st, 2018
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U.S. tariffs cast a cloud over Huawei’s solar electronics launch

(Reuters) – Huawei Technology Co’s coming U.S. launch of a solar-panel control device is expected to collide with new Trump administration tariffs on Chinese electronics, undermining a product that analysts More...

By admin On Tuesday, August 21st, 2018
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Japan’s Daikin, thriving in Asia and India, sets sights on Africa

TOKYO (Reuters) – Daikin Industries, (6367.T) the world’s largest maker of air conditioning equipment, is turning to Africa for further expansion, 10 years after a successful gamble on sharing its key More...

By admin On Tuesday, August 21st, 2018
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Asian stocks up on hopes trade tensions may ease, Trump comments weigh on dollar

TOKYO (Reuters) – Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy More...

By admin On Tuesday, August 21st, 2018
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Exclusive: Trump worries that Mueller interview could be a ‘perjury trap’

WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was worried that any statements under oath he provides to Special Counsel Robert Mueller could be used to bring perjury charges against More...

By admin On Tuesday, August 21st, 2018
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Exclusive: Trump doesn’t expect much from China trade talks this week

WASHINGTON (Reuters) – U.S. President Donald Trump does not expect much progress from trade talks with China this week in Washington, he told Reuters on Monday. U.S. President Donald Trump listens More...