Daily thread to exchange ideas and to share your thoughts
Good day, everyone! Hope you're all doing well as we get the session underway. It's been a relatively quiet one in terms of headlines as the market waits with abated breath on the potential announcement of the $200 billion tariffs by the US on Chinese goods.
That has kept the yen and swissie bid on the day as European traders enter the fray. Some market themes to consider:
- Imminent threat of escalation in the US-China trade rhetoric
- Mild risk off tones in markets, nothing major in the equities/bonds space yet
- Aussie dragged lower as more banks raise mortgage rates
- NAFTA talks stalling with some hints of optimism still
What are your views on the market right now? Share your thoughts/ideas with the rest of the ForexLive community here.
