TRADE WAR
Conflict that occurs between two or more countries seeking to restrict trading from the other. Moreover, it refers to tariffs and retaliation. This may be stimulated when one country finds the trading practices or regulations of another unfair, or when domestic trade unions pressure politicians to make imported goods less appealing to customers. Trade wars are also caused by a misunderstanding of the free trade’s benefits.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Industrial production | Aug | |
| 04:00 | Fixed Asset Investment | Aug | |
| 04:00 | Retail Sales | Aug | |
| 04:00 | Unemployment Rate | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 14:30 | Foreign Securities Purchases | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 23:00 | Westpac Consumer Confidence | 3 quarter |
