Fed Cut Bets won't disappear just because Trump and Xi played Nice @ Forex Factory


From bnnbloomberg.ca

It can take more than a few friendly words between US President Donald Trump and Chinese leader Xi Jinping to significantly reduce bond traders' efforts on Federal Reserve interest rate cuts. The United States and China declared a ceasefire in their trade war on Saturday that was heavy on the hoopla, but light on details. While the positive sounds of the group's 20th summit in Osaka will underpin risk-taking, at least in the beginning, the uncertainties of continued unresolved trade conflicts and the economic outlook could return to cloud investor sentiment. This Friday's US job report can provide more evidence of the state of the US … ( full story )

Source link