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Awaiting President’s Trump Press Conference On China
by Trade The News on May 29, 2020 at 11:10 am
Notes/Observations Risk appetite hesitant ahead of President Trump’s planned press conference on China; concerns of escalating tensions could have an adverse economic impact. Plethora of […]
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USD Weakens Before Trump’s Response To China
by IronFX on May 29, 2020 at 10:14 am
The USD weakened somewhat against its counterparts yesterday, as the markets await the US response to China. The Chinese Parliament approved the new security law for Hong Kong despite US warnings, […]
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The Dollar Index Has Updated Local Lows. US-China Conflict Is Still In The Spotlight
by JustForex on May 29, 2020 at 9:42 am
During yesterday’s trading session, the greenback has continued to lose ground against its main competitors. The dollar index (#DX) closed in the negative zone (-0.69%). The US continues to […]
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Cliff Notes: The Stages of Recovery
by Westpac Banking Corporation on May 29, 2020 at 8:34 am
Key insights from the week that was. The past week has seen partial data released ahead of Australian Q1 GDP next Wednesday. On the global front, markets have remained optimistic, albeit wary of the […]
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Stocks Ease Off Ahead Of Trump’s Hong Kong Decision, Dollar Skids After Fed Comments
by XM.com on May 29, 2020 at 8:21 am
Stocks drift lower, yen edges up as markets await Trump’s response over Hong Kong But dollar hits 2½-month low on soaring euro and Fed hints of yield curve control Powell speech and US […]
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Financials, Tech Hit By HK Tensions, Trump Attack. Euro Up
by Swissquote Bank SA on May 29, 2020 at 8:18 am
The US stock indices turned negative in Thursday’s session as the rising tensions around Hong Kong’s new national security law and Donald Trump’s attacks on social media companies […]
