U.S. government debt prices were higher Tuesday morning, as investors await fresh economic data and Treasury auctions.
Market focus is largely attuned to global trade developments, following President Donald Trump's decision to impose steel and aluminum tariffs on imports from Brazil and Argentina.
The U.S. president suggested the shock move was necessary because Brazil and Argentina had been "presiding over a massive devaluation of their currencies." However, in recent months, both countries have been seeking to strengthen their respective currencies against the dollar. The South American trade tariffs have rekindled broader concerns about a protracted dispute between the U.S. and China, with investors monitoring the prospect of a limited agreement.
On the data front, the latest quarterly financial report will be released at 10 a.m. ET, with light vehicle sales figures for November set to follow slightly later in the session.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Treasury yields move higher ahead of auctionsU.S. government debt prices were lower Monday morning as traders monitored U.S.-China trade talks.
Leer más »
Asia stocks set to open higher as investors await Chinese manufacturing dataThe Caixin/Markit manufacturing Purchasing Managers' Index is set to be out on Monday, while official data released over the weekend showed factory activity rising unexpectedly.
Leer más »
Global shares tick up as hopes for Sino-U.S. breakthrough stay intactGlobal shares ticked up on Monday and oil rebounded after a big fall late last w...
Leer más »
The global economy is ‘bottoming out,’ and that’s good news for stocks, says Deutsche BankAs some upbeat data from China cheers up markets, our call of the day from Deutsche Bank strategists chimes in with its own all-clear on the global economic...
Leer más »
European stocks advance on strong Chinese economic dataEuropean stocks advanced on Monday, buoyed by data showing the world’s second-largest economy, China, seems to be bouncing back.
Leer más »
Beauty Vlogger Olivia Jade Returns to YouTube for the First Time in Eight MonthsHer mom, Lori Loughlin, is currently awaiting trial over the college-admissions scandal.
Leer más »