Carney says May’s deal better than one, German data weak, and US data plus Powell drive dollar down – DRASTICALLY !
Once central banks themselves go crypto, the choice between a virtual currency and one backed by a central bank will become a no-brainer.
Wall Street is set to hit a record high as a breakthrough on US tax reform propels equity valuations.
Stocks trading mostly downwards
The European Central Bank announced it would start to withdraw from its easy money scheme by reducing its bond purchasing programme by €30 billion, as expected.
Dollar trading near 13-session high
Oil prices continued to rally on Tuesday as Iraqi forces move in on the oil-rich city of Kirkuk.
Today, key US inflation data came in at 0.1%, under expectations of 0.2%. The reading fits into the wider narrative of a fragile US economy.
Today, the Federal Reserve released the minutes of its latest meeting.
The majority of new US visas for Turkish citizens have been suspended after a US embassy employee was arrested.