Nigeria, March 24 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are.
"Flexibility" implies being adaptable. On Friday, U.S. President Donald Trump hinted at the potential of easing tariffs, which might have contributed to a slight stock increase and a weekly gain in the three main U.S. benchmarks.
However, "flexibility," which implies adjusting to changing conditions, also conveys uncertainty, which the market finds unacceptable. It's also important to consider the context of Trump's remarks. "There'll be flexibility, but basically it's reciprocal," he clarified, seemingly rejecting the notion of making spec...
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