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22 Jan 2020

US Pres. Trump: GDP would be near 4% if it weren’t for the Fed

During an interview on the sidelines of the World Economic Forum in Davos, US President Donald Trump said more tax cuts, a healthcare plan and more trade deals will be coming ahead.

"We are going to be doing a middle-class tax cut, a very big one. We'll be announcing that over the next 90 days," Trump added. Commenting on the Federal Reserve's monetary policy, " The GDP would be near 4% if it weren’t for the Fed. Fed raising rates was a big mistake," Trump said.

Markets don't seem to be reacting to these comments with the 10-year US Treasury bond yield staying flat on the day near 1.778%. 

Jan 22, 2020

GBP/USD Price Analysis: Bulls looking to extend momentum beyond descending channel resistance

The GBP/USD pair traded with a mild positive bias for the third consecutive session on Wednesday. Bulls still await a sustained move beyond the top en
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Jan 22, 2020

US Pres. Trump: We'll put 25% tariffs on European cars if we can't make a deal

If the United States can't make a deal with the European Union, a 25% tariff will have to be imposed on the European car imports, US President Donald
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