Risk Off!

latest  Risk Off move comes from Comments from Wilbur ross.pay Close attention to NAFTA comments highlighted below. This has caused a leg lower in CAD and MXN

Alerts History

  • 31-May-2018 08:42:58 AM – U.S. COMMERCE SECRETARY ROSS SAYS EUROPEAN UNION, CANADA AND MEXICO WILL FACE STEEL AND ALUMINUM TARIFFS BEGINNING AT MIDNIGHT TONIGHT
  • 31-May-2018 08:42:58 AM – ROSS SAYS EU, CANADA, MEXICO WILL PAY 25 PCT STEEL TARIFF AND 10 PCT ALUMINUM TARIFF
  • 31-May-2018 08:42:58 AM – ROSS SAYS AN ARRANGMENT HAS BEEN MADE FOR ARGENTINA, AUSTRALIA AND BRAZIL TO HAVE NON-TARIFF LIMITS ON THEIR STEEL, ALUMINUM EXPORTS TO UNITED STATES
  • 31-May-2018 08:42:58 AM – ROSS SAYS THERE IS POTENTIAL FLEXIBILITY GOING FORWARD TO MAKE CHANGES; TRUMP HAS ABILITY TO DO ANYTHING HE WISHES ON TRADE
  • 31-May-2018 08:42:58 AM – ROSS SAYS IF ANY PARTY RETALIATES, THAT DOESN’T MEAN THERE CAN’T BE MORE NEGOTIATIONS
  • 31-May-2018 08:42:58 AMROSS SAYS DECISION ON TARIFFS FOR MEXICO AND CANADA WAS TAKEN AFTER NAFTA TALKS TOOK TOO LONG
  • 31-May-2018 08:42:58 AM – ROSS SAYS THERE IS NO LONGER A PRECISE DATE AS TO WHEN NAFTA TALKS WILL CONCLUDE

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