Risk Appetite Remains High On Trade Deal & US Data
Equities continue to remain poised to the upside due to a number of factors. [...]
Trading news
Germany, the EU, and the Brexit
Germany's Economy Minister said yesterday that, if the European Union was not able to handle the Brexit outcome wisely, as well as its member states having done the same, then Europe would have gone aggressively to extremely low levels.
Germany sees fear and political barriers
At the current state of economic affairs, people are mostly captivated by fear and political matters rather than having faced significant financial issues.
Following June's referendum, the major focus has now turned to Germany and on how the nation will manage to secure the remaining member states.
Moreover, Britain's Prime Minister, Theresa May, will not proceed with any talks or formal meetings with regards to the the British nation's stable exit from the European Union.
Monday, 29 Aug, 2016 / 7:43
Source : https://www.argusfx.com/en/research-education/market-analysis/news/germany-the-eu-and-the-brexit
Trading news
US earnings and data, China GDP propel stocks to fresh highs; dollar nears 8-month high vs yen
China reports slowest annual growth in 29 years but signs of [...]
GBP, NZD and USD the Main G10 Gainers, Equities Sail North
The dollar traded higher against most of the other G10 currencies yesterday, [...]
