Weekly Market Update

Market Action Trade war threats shook the markets this week and drove them down. US President Donald Trump said he would impose tariffs on $50bn of Chinese goods because Beijing is not dealing with American complaints about stealing intellectual property. In response,...

Weekly Market Update

Market Action The leaders of the G7 countries met in Quebec Friday and Saturday, amid deep tension about US tariffs and other issues. Members issued a joint statement on Saturday that underscored the importance of rules-based, international trade. On Sunday the Swiss...

Weekly Market Update

Market Action A coalition deal was reached in Italy as the Five Star Movement and League officially joined forces to govern the eurozone’s third-largest economy. In Spain, Pedro Sanchez claimed the country’s prime minister post after his socialist party...

Weekly Market Update

Market Action The EU began enforcing the General Data Protection Regulation (GDPR), which applies to any company doing business in the bloc and includes new privacy rights as well as data collection responsibilities. The GDPR is backed up with high fines: up to 4% of...