Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Stocks in Asia fell Monday morning following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
The dollar index, which measures the greenback against six major currencies, climbed 3.43 percent in the last two weeks as U.S. economic data has been better than those out of the eurozone and Japan. That climb has reversed the general downtrend the currency saw over 2017.
But dollar strength is likely to last only "a fairly finite period of time" as the eurozone and Japan catch up in the second half of 2018, Marc Franklin, a senior portfolio manager at Conning Asia Pacific, said on Wednesday.
"What's happened most recently has been a growing divergence in the growth in inflation data in the U.S. versus Europe and Japan, in particular," Franklin told CNBC's "Capital Connection."
"But as you start to go into the second half of this year, eurozone inflation — assuming oil prices stay where they are — starts to tick up, as does Japanese inflation as well," he said.
The twin deficits in the United States are seen worsening, thanks to President Donald Trump's tax cuts. That's not helping the prospects of the greenback, Franklin said.
A widening current account deficit and larger government budget increase the supply of U.S. dollars over time, he explained.
"Structurally, there's going to a growing supply of dollars in the system over the next two to three years, and that potentially creates a structural headwind for the dollar, longer term," he said.