Quebec Summit

Dollar softer ahead of G7 Summit

Dollar softer ahead of G7 Summit

Market attention is turning towards the G7 conference that begins tomorrow in Quebec, Canada.

Expect this summit to be an intensive affair amidst heightened trade tensions between the U.S. and some of its closest allies who have indicated that they will retaliate against President’s Trump’s decision to impose duties on steel and aluminum imports from the E.U., Canada, and Mexico.

Five Things the Markets are Talking About: Monday, June 4

Five Things the Markets are Talking About: Monday, June 4

After the U.S. imposed steel and aluminum tariffs on E.U., Canadian and Mexican imports, political tensions, and the risk of a global trade war are back in focus, making this week’s summit more important than usual. U.S is headed for a showdown with its G7 allies at a summit in Quebec, Canada (June 8-9).