Business

Republicans hope to avert shutdown, enter the week unclear on details

Republicans hope to avert shutdown, enter the week unclear on details

Despite stressing that Trump wanted to move quickly, White House press secretary Sean Spicer said the focus was to " get it done right ", and not within the 100-day mark, which falls on April 29. An initial attempt in March ended in a legislative train wreck, stinging Trump and Ryan. In a speech in London on Wednesday, House Speaker Paul Ryan said that " health care is not dead".


Canadian lumber companies brace for U.S. import tariffs

Canadian lumber companies brace for U.S. import tariffs

Canadian lumber exports over the year through to February amounted to $16-billion Canadian, which is a level not seen since 2006 as an expired agreement in October 2015 gave producers open access to the USA markets. That argument prevailed during many softwood lumber disputes but the latest agreement has expired and in this round things have changed. The issue was revived after a mutual truce on trade litigation expired previous year.



Francois Hollande warns France against voting for Marine Le Pen

The results of the first round of the French elections have triggered a strong "risk on" move in European assets. The euro had risen strongly on Sunday night, when it begins trading during Asian currency market hours. Global stocks were mostly higher Monday as investors pondered the outcome from the first round of the French presidential election. "There is no other choice but to vote against the far right".


Trump pushes border wall funding as budget deadline looms

Trump pushes border wall funding as budget deadline looms

Trump tweeted Sunday morning. Putting up a wall along the US-Mexico border was one of Trump's key campaign promises, and he issued an executive order in January directing that construction begin. Donald Trump has vowed he'll build the border wall with Mexico for half the price many analysts are forecasting. "The Dems need big money to keep it going - otherwise it dies far sooner than anyone would have thought", Trump tweeted.



Treasury yields spike as traders shed safe-havens following the French election

Both go through to a runoff on May 7 after emerging top of a fractured field of 11 candidates in the first round. The result proved a seismic shift in the country's politics. Now the risk-on trade seems to be back on after Wall Street's predictions about the French election were confirmed. "Either we continue to disintegrate without any borders, without any controls, unfair global competition, mass immigration and the free circulation of terrorists, or you choose France with borders", ...