Hopes for an easing in Sino-U.S. tensions buoyed trade-exposed Asian currencies ...
China's central bank lifted its official yuan midpoint to the highest level in over two months on Tuesday, and the currencyat $1.1094 and more or less flat against a basket of currencies .DXY at 97.786.
Beyond the trade headlines, the major focus this week is the Fed meeting. The U.S. central bank is expected to cut rates for a third time in a row when it concludes its two-day meeting on Wednesday. Investors are watching for any indication that further cuts are likely, with futures pricing suggesting more easing is expected in 2020. If that is not foreshadowed, traders expect the dollar to rise.“It still looks like a done deal that they will cut, but then the risk is that they might characterise that as just one more insurance move ... the market will have to take out the pricing it’s got for future dates.
Johnson has said he would try again, by a different legislative route that would only require a simple majority, rather than a two-thirds majority.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Trade optimism supports dollar vs yen; Fed awaitedBoth the dollar and riskier Asian currencies held on to modest overnight gains o...
Leer más »
Trade optimism, Fed rate-cut expectation sends S&P 500 to recordThe S&P 500 hit a record high on Monday, while the Nasdaq fell just short of its...
Leer más »
Asia stocks set for higher open amid US-China trade optimism, S&P 500 record highThe Office of the U.S. Trade Representative said Monday that Washington will consider extending certain tariff exclusions on $34 billion worth of imports from China.
Leer más »
S&P 500 set to open at record high on trade optimism, rate cut hopesThe S&P 500 index was set to open at a record high on Monday as hopes of a U.S.-...
Leer más »
S&P 500 hits record high at opening bell on trade, geopolitical optimismU.S. stocks opened higher Monday on the back of easing U.S.-China trade tensions and an extension of the Brexit deadline, setting a fresh all-time intraday...
Leer más »
While US-China 'phase one' trade deal stops escalation, analysts not optimistic for more by year endThe U.S. and China need a more comprehensive trade agreement before market sentiment can be boosted sustainably, analysts said on Monday.
Leer más »