The Week Ahead 07/16/2018

World Cup

France beat Croatia in regular time to win the FIFA World Cup for the second time in its history.

Global Spotlight

Welcome to the Trade War. The White House is making good on its threat to impose additional tariffs — 10 percent on $200 billion worth of Chinese imports — as punishment for China’s retaliation to the Trump administration’s first round of 25 percent tariffs on $34 billion worth of mostly Chinese industrial goods.

The High-Stakes Helsinki Summit. Even as another round of indictments from special counsel Robert Mueller is clouding Trump’s July 16 meeting with Russian President Vladimir Putin, there will still be a lot for these two leaders to cover when they meet in Helsinki, Finland.

Brexit Rebels Everywhere! With only eight months to go before the United Kingdom leaves the European Union, London’s roadmap to the exit door is getting muddier by the week.

Road Bumps With North Korea. The first Trump-Kim Jong Un summit follow-up visit to North Korea did not go well for U.S. Secretary of State Mike Pompeo.

Libya Brings Some Relief to Oil Markets. Just two weeks after taking nearly 800,000 barrels per day of Libya’s oil hostage, Libyan National Army commander Khalifa Hifter and his backers in the United Arab Emirates were forced to reverse course and restart exports under heavy pressure from France and the United States.

 

Stratfor.com

Economic Calendar

Here is a list of the U.S. economic events happening this week.

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Last Weeks Numbers

Review Last weeks numbers here.

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Sector Strength – change in the last 3 months

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