Sentiment Soured as Trump Seeks to Impose Tariff on Steel and Platinum Imports

Posted March 2nd, 2018 by betteh2091920 and filed in General News

Financial markets maintained the risk-off mode after US President Donald Trump announced that he would impose tariff on steel and aluminum imports next week. Risk assets including equities and commodities dropped. Wall Street declined with DJIA and S&P 500 indices losing -1.68% and -1.33% respectively. In the commodity sector, crude oil prices remained pressured with the front-month WTI and Brent contracts sliding -1.05% and -2.96% respectively.

Continued here: 
Sentiment Soured as Trump Seeks to Impose Tariff on Steel and Platinum Imports

Leave a Reply

You must be logged in to post a comment.