US-China Trade – Xi and Trump Put a Lid on Trade Tensions Once Again

Economists expect a slight slowdown in both overall and core CPI. Tariffs and potential future universal tariffs are a key concern, adding to price pressures and raising fears of stagflation and a possible recession. The US Dollar Index is currently struggling technically, with the 14-period RSI in oversold territory. US CPI inflation data will be […]

Market sentiment remained tilted toward the upside across the US and European markets yesterday. In Europe, UK growth and eurozone industrial production surprised to the upside, boosting bulls who see the European economies benefiting from lower energy prices and relatively higher currencies to deal with their inflation battle. Combined with government spending prospects, growth in […]

EUR/USD edges lower to 1.0941 amid the firm USD. The US S&P Global Manufacturing PMI for December eased to 47.9 vs. 48.2 prior, weaker than expected. The increased odds of rate cuts from the European Central Bank (ECB) weigh on the Euro. The EUR/USD pair remains under pressure during the early Asian session on Wednesday. […]