Risk appetite is once again sour after Trump tweeted
and a Washington Post interview fuelled concerns over
political pressure on the Fed and trade woes anew.
The US President first tweeted that the US is put at a
‘big disadvantage’ as US rates are kept too high while
others are devaluing their currencies, explicitly
mentioning the EUR and CNY.
Separately, Trump said that he is currently ‘holding up’
the deal between the US and China on trade, accusing
China of reneging on previously agreed terms.
We believe there is more pain in store for equities today,
and would sell the Dow here near resistance.
and a Washington Post interview fuelled concerns over
political pressure on the Fed and trade woes anew.
The US President first tweeted that the US is put at a
‘big disadvantage’ as US rates are kept too high while
others are devaluing their currencies, explicitly
mentioning the EUR and CNY.
Separately, Trump said that he is currently ‘holding up’
the deal between the US and China on trade, accusing
China of reneging on previously agreed terms.
We believe there is more pain in store for equities today,
and would sell the Dow here near resistance.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.