Tuesday, 13 August 2019

Dow and Yuan Rally, Yen and Gold Tumble as Trump Stirs Trade Wars Again

Finally, a rebound in risk assets this past session. The White House backed off on its most aggressive trade wars escalation to date Tuesday, but is this enough to alter the course of an unfavorable economic and financial tide?


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...