Trump is speaking to Fox & Friends – Says he doesn’t know how one can impeach somebody who’s done a great job – Says that wall is going up, would like to build it faster (re. Mexico) ForexLive
Canada’s Foreign Minister Chrysia Freeland She adds: Mexico and US have been going at it alone without Canada over the last month or so. As stated before, there is a lot of hope but the finish line is still elusive. Plus, Canada does need to agree as well and a concensus of the three must…
The first set of technical notices on a no-deal Brexit scenario is published – UK banks in EU to default to member state rules in a no-deal event – Credit card payments likely to increase ForexLive
Comment from automakers group head Matt Blunt The head of a group representing GM, Ford and Fiat-Chrysler said that based on his understanding of NAFTA talks, the modified auto rules would allow North America and US-based automakers to remain competitive.
Comments by UK Brexit secretary Dominic Raab in London – Getting a good deal is by far the most likely outcome with the EU – Made progress on outstanding separation issues ForexLive
Pompeo back on the North Korea file Pompeo named Ford VP Stephen Biegun as a US special representative to North Korea and the pair will travel together. Biegun said Trump has created an opening and they must seize the opportunity to create a peaceful North Korea.
Latest data released by CBI – 23 August 2018 – Prior 20 – Total distributive reported sales 24 – Prior 25 ForexLive The readings here are an indicator of short-term trends in the retail and wholesale sector of the UK economy. An unexpected jump in retail balance there and that should be a good indication of…
The manufacturing survey from the Kansas City Fed ForexLive
Target price of 1.84 In their view, they see AUD/USD falling to 0.67 by year-end stating that recent developments also increases the chance of early elections in October. However, they recommend buying GBP/AUD in six-months spot as the “political risks are better priced in GBP but not quite adequately reflected in the AUD”.
Cable at the lows of the day Cable is down 68 pips to 1.2842. It’s been on the upswing since August 15 when it touched 1.2662. The drop today isn’t about any Brexit news, rather it’s a broad US dollar climb.