Markets are running on hope

Commodities markets have been one of the most notable casualties of the deterioration in trans-Pacific relations, while stockmarket losses have so far been modest.

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Powell the banker can he fix it?

There is still no end in sight to Donald Trump's "great patriotic wars", writes Michelle Cottle in The New York Times. The US president kept up the pressure on Beijing this week: during a state visit to Japan he warned that "we're not ready to make a deal" and that tariffs on hundreds of billions of dollars' worth of Chinese goods could "go up very, very substantially, very easily". As the economic toll of the dispute becomes more apparent, the Trump administration has taken to reminding Americans that "patriotism means sacrifice".

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.