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Trump

  • Daily wrap up – 27 September

    27 Sep 2017 11:33 PM |

    US President Donald Trump on Wednesday offered proposals for tax adjustments that would be the largest in US history, and told reporters at the White House that they would be something special for Americans. The dollar rose over the course of today's trading, as the dollar index rose from a daily low at 92.79 to reach its highest level since August 23 at 93.40.

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  • The Senate nominates Quarles as Federal Reserve Vice president

    7 Sep 2017 05:30 PM |

    The Senate Banking Committee voted today with 17 votes to 6 to introduce candidate Randal Quarles to the FOMC. Earlier in the day, WSJ reported that Trump was unlikely to nominate Gary Cohn as chairman of the Federal Reserve Bank as an alternative to Janet Yellen, whose term expires next February.

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  • Trump threatens to end NAFTA agreement via Twitter

    28 Aug 2017 05:48 PM |

    US President Donald Trump tweeted yesterday expressed that he wasn't pleased with the NAFTA renegotiation process. Trump said: " We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada. Both being very difficult, may have to terminate?"

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  • The US dollar rose slightly despite Trump's comments

    24 Aug 2017 09:19 AM |

    The US dollar rose against most of the currencies on morning trading, as markets risk aversion followed the threat of US President Donald Trump to shut down the government and end the North American Trade Agreement.

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  • US dollar came weak, driven by Trump's comments

    23 Aug 2017 10:07 AM |

    The volatility of the financial markets has increased over the past few weeks as a result of a number of events, including rising tensions in the Korean peninsula, particularly North Korea's threats, besides the turmoil in the White House and growing doubts about the US president's ability to pursue his economic agenda.

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  • Trump close to decision on addressing Chinese trade practices

    2 Aug 2017 02:57 PM |

    By Reuters : U.S. President Donald Trump is close to a decision on how to respond to what he considers China's unfair trade practices, a senior Trump administration official said on Tuesday.

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  • Fed and Trump keep dollar glum as Greece warms Europe

    25 Jul 2017 04:11 PM |

    By Reuters : The dollar sat at a more-than-one-year low while stocks climbed on Tuesday as investors bet that subdued U.S. inflation and strains in Washington would limit Federal Reserve interest rate moves for the rest of the year.

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  • Daily Wrap Up – 8 June

    8 Jun 2017 07:38 PM |

    Today is filled with many important economic and political events that have attracted the attention of the markets over the past few days. As the markets have been keeping an eye on what will happen during this busy day with all these data since the beginning of this week.

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  • Weekly Wrap Up - (29 May – 2 June)

    2 Jun 2017 04:45 PM |

    The beginning of the week was largely quiet, and there were no noticeable or strong moves in light of the official holidays of some markets. The highlight was the testimony of Mario Draghi, Governor of ECB before the European Parliament, who stressed the need for the stimulus program as inflation remained far from the desired levels and it is too early to talk about the beginning of tapering.

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