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Markets Still Waiting on Trade Deal Clarity
Trade Deal Date Yet To Be Set
US/China trade relations remain center-stage this week as traders continue to try and gauge the proximity of a trade deal.
The US had been pushing for a deal to be signed at the APEC meeting in Chile over… Read More
October FOMC Meeting Minutes Preview
The US Federal Reserve Bank will be releasing their meeting minutes today. The minutes cover the central bank’s monetary policy meeting held on October 30th this year.
The minutes will be interesting as they cover the meeting where the… Read More
Trade War Turns Sour
In today’s market insights, Stavros talks about how the latest tradewar and API developments have affected the prices of gold and oil.
Watch as he identifies certain elliott wave patterns that can’t go unmissed ahead of today’s FOMC… Read More
Trade Progress Met with Muted Response
The renewed reports on the progress of talks between the US and China saw a rather lackluster response from the markets.
Reports surfaced that both parties are negotiating on the rollback of tariffs. The report indicates some progress in… Read More
Markets Awaiting Fresh Catalysts
USD Recovering
The US dollar has been a little higher so far today. The USD index is trading 97.74 last, recovering off the lows of the week. The key data focus this week is the release of the FOMC meeting minutes tomorrow which is likely… Read More
Getting Ready for Canada CPI Data
There are a couple of events on the economic calendar tomorrow to move the Canadian dollar.
While Canada has, so far, been sidelined by global uncertainty, it doesn't mean that they will always be. We need to be wary of any signs of a… Read More
UK Conservative Party Gaining Support
Tory Candidates To Back Johnson's Brexit Deal
GBP has been trading higher this week. Optimism around Brexit has helped lift the exchange rate against both USD and EUR.
This fresh wave of optimism comes on the back of news that all 634… Read More
Trump-Powell Meeting Keeps Investors Guessing
President Trump’s meeting with Fed Chair Jerome Powell and Treasury Secretary, Steven Mnuchin saw a cautious response from investors.
Trump tweeted that he met with Powell and Mnuchin to discuss monetary policy, trade, and the US dollar.… Read More
Equities In The Green
USD Recovering
It’s been a quiet start to the week for the US dollar. The USD index has been hovering around the 97.80 level this morning, still sitting at the bottom of last week’s declines for now. US CPI last week surprised to the… Read More
Trade Talks Continue, But Still No Deal
Trade Talks Continue
Risk sentiment remains surprisingly resilient this week given that US-China trade negotiations have stuttered recently.
President Trump and Chinese Premier Xi were supposed to have signed a trade deal this weekend… Read More