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There is no easy fix for the German surplus

  Officials may not say so directly, but the US appears to consider Germany a currency manipulator. Germany’s large trade surplus, the accusation goes, comes at the expense of US companies. So, as German Finance Minister Wolfgang Schaeuble traveled to Washington on Wednesday for an International Monetary Fund meeting, he brought along an eight-page primer on the German current account ...

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Earnings lift US stock market, trade jolts currencies

  Bloomberg US stock futures jumped as blue chips from Caterpillar Inc. to McDonald’s Corp. reported results. Canada’s dollar led export currencies lower as a tariff on lumber reignited concern the Trump administration will pursue protectionist policies. Futures on the Dow Jones Industrial Average rallied, indicating the underlying index may rise to an all-time high. Caterpillar climbed more than 6 ...

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Dubai, Qatar stock markets hold ground

  Reuters Stock markets in the Gulf most exposed to foreign trade held their ground on Tuesday, with Dubai and Qatar showing resilience in the face of disappointing results from blue-chip companies. In Dubai, shares of Emirates Integrated Telecommunications (Du) lost 3 percent after reporting a net profit of 364.9 million dirhams ($99.35 million) in the three months to March ...

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