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A degrading sentiment took a pause yesterday as participants digested Trump’s remarks over a prolonged North American trading weekend , which initially signaled a possible de-escalation in trade tensions between the US and China. However, optimism looks short-lived. China reiterated its stance through multiple official channels — including its Commerce Ministry and state media — […]

The post WTI Oil Tumbles as US-China Trade Tensions Flare Up Again appeared first on Action Forex.

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24/02/2024

The Weekly Bottom Line: Slow Your Roll

U.S. Highlights Minutes from the January 30th-31st FOMC underscored that policymakers are adopting a cautious approach on when to pivot to policy easing. A number of Fed Governors spoke this week, and all urged patience on rate cuts, particularly in light of the uptick in inflationary pressures in January. Market pricing is now positioned for […]
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