As the week was nearing its end we thought that we would be able to breath with ease – a week passed and no talks on new American tariffs emerged in the whole week. But we are not so lucky as Trump announced a new possible package that could be implicated against China in the nearest future. And that can reflect pretty bad on the world markets as there as sure signs of contagion of the emerging markets with the Turkish problem.

For traders and investors, it seems like a good time in order to buy enough of some emerging currency and/or some shares of the country that is now in decline in order to receive profits when all of this is over. But it seems that the plans of them may be spoiled by the fact that recovery is not really on the table or in the discussions for the matter. You see, new tariffs mean that Xi Jinping failed to make a deal with Trump and that new hits will only be arriving from American side as long as Trump is in presidential seat.

And we have two more years of Trump administration to go. Unless, of course, the Senate gest enough of controversy covering the White House and impeaches Trump. In that case all of the markets are going to be tied to the new American elections and the international policies of newly-elected American President. But that discussion is also not on the table currently.

Right now emerging markets are sinking. Lira and China are taking them down. Until we have those problems unresolved, hanging over our heads we will not see a proper recovery. Plus, there is a new problem that is influencing the market, which is currency crisis on Argentina. So it is time for us to turn to some other side of the market. We could take a closer look at precious metals, for example.

Gold, silver, platinum and palladium and the most popular players in this segment of the market. And their movements are much easier to predict. Just watch the dollar and see. The plus here is that gold is tied to the greenback pretty tight. And there is no way that this connection is to be broken any time soon. All of the other precious metals mostly follow gold.

But of course, turning our backs on emerging markets is not going to solve the situation and of course it is not going to improve it in any way. it is really sad that we have to grease the situation almost every week with the very same reason every time – new tariffs. But right now it is simply not something we can overlook as the contagion is jumping from one country to the other taking down more and more currencies. Overlooking it? We don’t think so!

Seeing the way Trump deals with US ‘trade partners’ EU is already getting ready to be slapped with the tariff package even though the negotiations took place a couple of months ago and all of the restrictions we lifted by both countries. In case Trump doesn’t hold on to his words [and why should he?] EU is not going to stand by. Just like they didn’t the previous time.

It seems that the negotiation between the former trade partners were still ongoing when Trump rejected European proposition to drop tariffs on European automobiles. Although it is clearly better for both sides to keep on with the negotiations we don’t really think that they will go through with it. Europeans already claim that the conditions for the tariffs they were represented with by the US are as bad as Chinese or even worse. Although Europe has a clear advantage – it is a union of more than 20 countries led by economies as strong as Germany and France. They have free trade agreements with each other and whereas losing a partner as big as the United States is damaging, it is not fatal for the EU countries.

They can always renegotiate the terms inside the Union in order to save each other. And America has no such luxury. Turning away all of the former partners that could help the US in times like this is not going to turn into anything good for dollar and US economy as a whole. Friendship with Russia and North Korea, that Trump is trying so desperately to bring to life isn’t exactly profitable. Especially given that booth of the countries are currently under the US sanctions. Also if EU has an answer up its sleeve, dollar is going to take damage from it in any case.

No matter how we look at the situation, it seems that Trump has caught himself and American economy along with him in a circle, the only way out of which is to step down from Presidential seat and let someone else clear up the mess. But what are the odds of the happening?

It seems that when it comes to smartphones, Apple is going to have some competition in the world. Seems weird and unbelievable, but there are some companies that can neat Apple when it comes to smartphones selling level.

Although Apple has become world’s first trillion-dollar business it doesn’t mean that from now on it is going to be smooth sailing for the American company. Even though Apple hasn’t even been the first company in its filed. Samsung has always been a leader in the field, and Apple was just rising due to the variety of services that the company started to provide along the way. But right now American giant was pushed even from the second spot by the Chinese Huawei. And it seems that the company was really overlooked in vain.

Compared to the same period of time last year, which means in the second quarter of 2017 Huawei’s index was 39 percent lower that it is today. So the growth demonstrated by the manufacturer is stunning, considering that this last year wasn’t easy on Chinese economy. Both Samsung and Apple have lost their numbers. What does this mean?

Well, it means that the buyers are tired of the familiar. According to buyers and traders around the world a change is long overdue. And the markets feel that. Apple is basically presenting the same iPhone every year and, according to some users, they even manage to make it worse every year. iPhone X was a good confirmation for the theory. Right now it seems that nothing can stop Apple from further growth. Or it seemed so until today. Now we see that there is more competition stored for the American conglomerate.

Although we can probably see growth from Apple as this autumn they are going to present three new models which are going to correspond to different price ranges as well as different functionality. So the battle of the giants is only just beginning.