Tag Archive: President Trump

U.S retail sales increase less than expected in September

U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years. The Commerce Department said on Monday retail sales edged up…
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Fed Hike Priced In But Market to Focus on Powell’s Words

The US dollar is higher against major currencies on Tuesday after American inflation came in better than expected ahead of the eagerly anticipated Federal Open Market Committee (FOMC) two day meeting. A 25 basis points rate hike has been priced…
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‘Bumpy road’ ahead of Korea summit

US Defence Secretary James Mattis has warned of a “bumpy road” to the negotiating table with Kim Jong-un, as nuclear talks with North Korea, tentatively scheduled for June 12, still appear to hang in the balance. He cautioned against high…
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Fed Minutes to Drive Market as Trade Concerns Recede

The US dollar is mixed ahead of the release of the minutes from May’s Federal Open Market Committee (FOMC) meeting. The central bank held rates unchanged but there is almost 100 probability of a 25 basis points rate hike at…
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US Jobs and Fed to Guide Dollar

Dollar Lower Awaiting Employment Data and Fed Statement Chair Yellen’s Last Fed Meeting as Chair The USD is trading lower versus most majors ahead of US President Donald Trump’s first State of the Union address, January’s monetary policy statement from…
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