Trump's Tweets Aren't Expected to Hold Down the Dollar

Trump blasts Fed, threatens to put tariffs on all Chinese goods

Gold was further supported after Trump threatened China with additional tariffs, claiming he was ready to go all-in and impose on tariff on every product they export to the United States.

Instead, by sticking to proposed mandates - whatever they may uniquely be - central bankers and other boffins can target other failing metrics (inflation, most pertinently, but many others too) to adjust policy settings, with the knock-on being a weaker currency.

The pan-European FTSEurofirst 300 index lost 0.15 percent, amid rising trade tensions.

In the eurozone, Frankfurt's DAX 30 jumped 1.4 percent and the Paris CAC 40 won 0.9 percent.

Threats of a global trade war began with U.S. President Donald Trump's move in March to impose steep tariffs on billions of dollars' worth of Chinese goods. "It's a two-way float", Geng Shuang, foreign ministry spokesman, said at a regular briefing in Beijing when asked to comment on Trump's remarks on the yuan.

Asian stocks followed that lead on Monday with Japan's Nikkei .n225 stumbling 0.9 percent.

The US president also lamented the strength of the dollar and accused the European Union and China of manipulating their currencies.

United States urges Security Council to maintain N.Korea pressure
As Beijing and Moscow have put a hold on the USA complaint, there will be a six-month delay before any action can be taken. Pompeo asked. "We need to see Chairman Kim do what he promised the world he would do".

Trump on EU's $5B fine against Google: 'I told you so!'
The team Fuchsia is going to replace the Android operating system, which employs three-quarters of the smartphones in the world. It is the largest antitrust fine ever levied by the European authorities on competition issues from the same company.

Failed Jorginho transfer is a blessing for City youngster
We can not forget what we've done but we start again. "You never know what will happen in the future but we'll see", Zinchenko said.

The shift in focus toward easing also comes after the central bank in July released 700 billion yuan in liquidity by cutting some banks' reserve requirements, prompted by concerns over tighter cash conditions and a potential economic drag from the US trade dispute. "Commodities are also mostly trading higher", JPMorgan analysts said in a note to clients.

Silver was down 0.4 percent at $15.41 an ounce after last week's drop to its lowest since July a year ago. Global benchmark Brent crude was trading 1.4 percent up at $73.97 per barrel by 1014 GMT, having hit a low of $71.19 on Wednesday, its lowest since April 17.

USA crude was last off 16c at $68.1 a barrel after posting its third straight weekly loss.

Spot gold was down 0.5 percent at $1,225.41 an ounce by 1441 GMT, close to last Thursday's low of $1,211.08, while USA gold futures for August delivery were down 0.5 percent at $1,225.50. The onshore spot yuan opened at 6.7524 per dollar and was changing hands at 6.7585 at midday, 279 pips firmer than the previous late session close and 0.01 percent stronger than the midpoint.

In yet another public institution that has had its supposed independence violated by the President, Trump expressed his vexation about the Fed's rate hiking policy, particularly as it relates to a strongly appreciating United States dollars.

In early trade Tuesday, the yield on 10-year Chinese government bonds jumped 5 basis points to 3.57 percent. "We have been ripped off by China for a long time", he said.

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