Tariff Increases are Going Ahead
Despite the speculation about a phone call between Trump and Xi, it looks like the tariff hike is going ahead.
Rowan Crosby•Friday, May 10, 2019•1 min read
Despite the speculation about a phone call between Trump and Xi, it looks like the tariff hike is going ahead.
Markets have been on edge all day and have been swinging wildly.
On the news, the ES dumped lower but is now rebounding.
According to Bloomberg, they will rise at 12.01am US east coast time Friday 10 May 2019.
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ABOUT THE AUTHOR
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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