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U.S. President Donald Trump threatened to proceed with Mexico alone and levy tariffs on Canada if it did not come on board with revised trade terms for NAFTA. But a trade deal without Canada might not win approval from the U.S. Congress because such a deal would have to pass a higher bar. “The final decisions are unlikely until 2019 at the earliest,” Goldman Sachs analysts wrote in a note to clients. But on Wednesday, at least, familiar leaders from the long bull-market run resumed their leadership role. Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O) and Microsoft Corp (MSFT.O) all hit record intraday highs and helped lift Wall Street indexes.

The dollar, which has been a safe haven from trade concerns, turned negative after early gains, The dollar index .DXY, which measures the U.S, currency against several trading partners, fell 0.18 percent, The Mexican peso MXN= gained 0.59 percent antique silver soft rectangle with weave pattern cufflinks versus the greenback, while the Canadian dollar CAD= rose 0.17 percent, Elsewhere in the global trade conflict, a deadline for public comment on Trump’s increased tariffs on $200 billion of Chinese goods was less than a week away on Sept, 5, The White House has said it wants to settle NAFTA before negotiating with China..

“There’s a big debate taking place among investors: Is Trump hoping to reach agreement with all the big players to demonstrate what a successful negotiator he is, or is he trying to make sure he’s got agreement with NAFTA and the EU and therefore can turn all the firepower on to China?” said Aberdeen Standard’s Milligan. Emerging market stocks .MSCIEF rose 0.07 percent, but remained under pressure from weakening currencies. An index of those countries’ currencies .MIEM00000CUS fell 0.3 percent in dollar terms.

Turkey's lira TRY= extended losses, down about 3 percent antique silver soft rectangle with weave pattern cufflinks against the dollar, a two-week low, as concern grew about the effects of the country's currency crisis, Finance Minister Berat Albayrak was quoted as saying he did not see a risk to the economy, Dollar-denominated Turkish bank bonds also fell after Moody’s sounded the alarm over the sector, Argentina's peso ARS= collapsed more than 7 percent to a record low of 33.9 per U.S, dollar on Wednesday, prompting the central bank to sell dollar reserves for a second straight day while the President Mauricio Macri asked the International Monetary Fund for early release of funds under a standby deal..

Oil prices shot higher, supported by news of falling Iranian crude shipments as U.S. sanctions deterred buyers. Brent crude LCOc1 jumped 1.6 percent, to settle at $77.14, while U.S. oil CLc1 moved 1.4 percent higher at $69.51 a barrel. [O/R]. (Graphic: Global asset performance Aug 29: reut.rs/2LAbPsC). (Graphic: Global earnings growth revisions Aug 29: reut.rs/2LAe0Mw). (Graphic: Global assets in 2018: tmsnrt.rs/2jvdmXl). (Graphic: Global currencies vs. dollar: tmsnrt.rs/2egbfVh). (Graphic: Emerging markets in 2018: tmsnrt.rs/2ihRugV).

WASHINGTON (Reuters) - Sinclair Broadcast Group Inc (SBGI.O) on Wednesday filed a counterclaim to a lawsuit by Tribune Media Co (TRCO.N) seeking $1 billion for what Tribune said was a breach of contract over a proposed merger, Tribune terminated its $3.9 billion sale to Sinclair on antique silver soft rectangle with weave pattern cufflinks Aug, 9 and filed a lawsuit, saying the rival TV-station owner mishandled efforts to get the transaction approved by taking too long and being too aggressive in its dealings with regulators, In its counterclaim in Delaware Court of Chancery, Sinclair rejected Tribune’s allegations and suggested the companies had been very close to winning U.S, Department of Justice approval, The deal was scuttled when the Federal Communications Commission (FCC) took the unusual step of referring it to an administrative judge for review and questioned Sinclair’s candor over the planned sale of some stations..

Sinclair’s lawsuit said Tribune had pursued a “deliberate effort to exploit and capitalize on an unfavorable and unexpected reaction from the FCC to capture a windfall for Tribune.”. Tribune said Sinclair’s counterclaim “is entirely meritless and simply an attempt to distract from its own significant legal exposure resulting from its persistent violations of Tribune’s contractual rights.”. Sinclair Chief Executive Officer Chris Ripley said in a statement the company “fully complied with our obligations under the merger agreement and worked tirelessly to close the transaction. The company looks forward to vigorously defending against Tribune’s claims and pursuing our own claim.”.

Sinclair announced in May 2017 that it had agreed to buy Tribune’s 42 television stations in 33 U.S, markets and cable network WGN America, a move that would allow it antique silver soft rectangle with weave pattern cufflinks to reach about 70 percent of U.S, households, Sinclair said FCC chairman Ajit Pai raising “serious concerns” about the deal in July was “a stunning and wholly unexpected announcement.”, Pai told the FCC inspector general in a report released on Monday that he called Sinclair’s general counsel the following day to provide the company an opportunity to withdraw the merger application before it was referred for a hearing..

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