Daily Market Review – 10/1/2019
Carney: Yuan to overtake USD, USD down on Trump walkout, and Canada maintains steady rates.
Carney: Yuan to overtake USD, USD down on Trump walkout, and Canada maintains steady rates.
Powell caves in, China upgrades talks, and Saudi production cuts leave markets unfazed.
Huge Forex flash-crash felt around the world, gold continues north on concerns, and Cook blames China for Apple’s woes.
Asia already reacting to falling US index futures, Irish manufacturing down but still the best in Europe, & USD down on government shutdown – ahead of US China trade talks.
DeutscheBank: 2018 = recession, Chinese manufacturing contracting, oil still up, and UK considering 2nd referendum.
Markets easing drops as Christmas sets in. China considers updating tech transfer laws, and India overtakes Germany as world’s 7th largest stock market.