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10 Feb 2020

UK’s Raab: Confident of trade deal with the US in wave one

During a visit to Singapore, the UK Foreign Secretary Dominic Raab said on Monday, he is confident of trade deal with the US in wave one.

Key Quotes:

Singapore trade deal will be one of first wave of free trade deals.

Takes US concerns on Huawei very seriously, still sees US trade deal in first wave.

There has been market failure in terms of high trust vendors being able to provide telecoms infrastructure, and while Huawei is one of the high risk vendors we are very confident that we have the right regime to manage it.

Separately, Reuters reports unnamed sources, citing that French Finance Ministry and Bank of France officials have told financial sector representatives that moving euro clearing away from London is now a "priority".

Feb 10, 2020

USD/INR Price Analysis: Steps back from five-day top to key SMAs

USD/INR declines to 71.34 amid the initial Indian session on Monday. In doing so, the pair snaps the three-day winning streak while also takes a U-tur

Confirming you are not from the U.S. or the Philippines

UK’s Raab: Confident of trade deal with the US in wave one

Key Quotes:

USD/INR Price Analysis: Steps back from five-day top to key SMAs

Japan Eco Watchers Survey: Current above expectations (40.5) in January: Actual (41.9)