US-China Trade War Weighs on World’s Largest Shipping Company

US-China Trade War Weighs on World’s Largest Shipping Company

by  Peter Hanks

The US-China trade war has contributed to a slow in global container trade according to Maersk, the world’s largest shipping company. The trend could be exacerbated if tensions flare.

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It's a big day in the UK, and the British Pound is in focus as Theresa May pitches a proposed deal to her cabinet. Meanwhile, a potential bull trap remains in the US Dollar.
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The British Pound and the Euro may overlook UK CPI and Eurozone GDP data with a fragile Brexit deal as well as political turmoil in Italy and Sweden in focus.
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The British Pound was jawboned by latest Brexit headlines, crude oil prices paused a 1984+ record losing streak on OPEC news. AUD/USD may look past jobs data for Asia stock performance.
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