A cancelled or downgraded summit would likely revive the trade friction narrative that had eased since the two leaders' May meeting in Beijing, with implications for sectors tied to that fragile detente, including agricultural exporters awaiting the Chinese soybean and grain purchases promised earlier this year, and aerospace names exposed to the stalled Boeing order. Conversely, a summit that…
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends.
NZD/USD reaction is likely to hinge less on the more upbeat bank forecasts and more on how far the actual print diverges from the RBNZ's own flat, 0.0% q/q baseline, since that is the figure underpinning the central bank's current policy guidance. A print in line with or above that flat forecast would likely be read as mildly reassuring for the recovery without materially shifting rate…
You know the people who think they are cool 'cause they have contrarian "hot takes" (after the event, of course ;-) )? Well, here's my effort: This is a boring week, nothing unexpected happened. Clarity bill failed - expected! FOMC hike - expected! NZ GDP the main info item today, I'll be back with a preview soon. This article was written by Eamonn Sheridan at investinglive.com.
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