Tuesday, 20 August 2019

Neither Dollar Nor S&P 500 Fazed by Trump Remarks Recession May be Necessary

President Trump has graduated beyond the saying that ‘trade wars are good and easy to win’. Flirting with an unsteady market, he signaled Tuesday that to inflict pain on China, it may be worth weathering a ‘short’ US recession.


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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...