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7 Feb 2019

US Treasury Sec. Mnuchin: Outlook for the US economy this year is quite strong

CNBC reports the recent comments delivered by the US Treasury Secretary Mnuchin in the “Squawk Box” interview late-Wednesday.

Mnuchin's comments came less than 24 hours after Trump's second State of the Union address to Congress. 

Key Quotes:

"The U.S. economy is doing terrific."

"And as the president talked about last night, his economic plan is working. We're not going back to socialism. We're going on an economic plan for America that works."

"We don't believe in a centralized planned economy where the government puts restraints on it."

 

Feb 7, 2019

Banks lowered 2019 oil price forecast in January - WSJ

Banks last month lowered slightly their forecasts for oil prices in 2019.  Brent crude is now expected to average just over $67 per barrel, down from
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Feb 7, 2019

AUD/USD dips below 0.71 as Australia consumer anxiety hits 3-year high

The bearish pressure around the Aussie dollar is strengthening as National Bank of Australia 's (NAB) survey released earlier today validated Reserve
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