Market analysis: Trump's planned phone call may ease market concerns about tariffs "
Internet reports that U.S. President Trump plans to hold phone calls with Canada and Mexico on Monday, which could calm market concerns about tariffs, XTB's Katherine Brooks said in a report. "(These calls) may provide some hope for a deal, if not now, in the future," Brooks said. She said the prospect of the call could keep traders optimistic. The Canadian dollar and Mexican peso remain weak, but have recovered from earlier multi-year lows. However, some analysts warned that those hopes could be dashed. Analysts at ING said in a report that a "last-minute tariff reduction" seemed unlikely. (Jin Shi)
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