The US Dollar advanced on Powell’s hawkishness but fell on Trump’s criticism of this policy. What’s next? The ECB decision and the first release of US GDP stand out. Here are the highlights for the next week. US President Donald Trump met his Russian counterpart Vladimir Putin in Helsinki in a meeting that resulted in…
Yen and Swiss Franc ended as the weakest ones last week as global stock markets ended higher. There were some jitters in risk sentiments after US announced to move on with tariffs on additional USD 200B in China imports, which come effective as soon as in September. But investors were quickly relieved after China’s refrained…
The global markets reacted rather differently as the US-China trade war formally started while there were only signs of further escalations. Over the week, NASDAQ was a star performer and rose 2.37% to 7510.30. S&P 500 rose in tandem by 1.52% to 2759.82. DOW lagged behind but also managed to gain 0.76% to 24456.48. Over…
We use cookies to ensure that we give you the best experience on our website and to personalize content and ads, to provide social media features and to analyse our traffic. Such cookies may also include third-party cookies, which might track your use of our website. To learn more, please see our Cookie Policy. By continuing to use our website you agree to the default cookie settings on our website.
AGREEPrivacy policy