Analysts at ANZ noted that equities fell, with global risk sentiment dented by news the US is thinking about raising the 10% tariff on USD200bn worth of China’s imports to 25%. Key Quotes: “This comes after China said that blackmail will not work on them and that they would retaliate against the US if additional trade measures are imposed. USD and JPY strengthened with AUD and NZD underperforming in the G10.” “Bonds sold off, particularly at the long end, following moves in JGBs (10-year yield +6.3bps), with the Bank of Japan now willing to tolerate greater moves.” Adding to this was the announcement that the US Treasury will increase 5-year issuance more than expected. The US 10-year note has been flirting with 3% since the announcement. The market took the FOMC decision to hold rates in its stride, with only minor tweaks to the statement. Oil fell 1.5% and gold 0.5%.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed: September is a done deal – Rabobank FX Street 5 years Analysts at ANZ noted that equities fell, with global risk sentiment dented by news the US is thinking about raising the 10% tariff on USD200bn worth of China's imports to 25%. Key Quotes: "This comes after China said that blackmail will not work on them and that they would retaliate against the US if additional trade measures are imposed. USD and JPY strengthened with AUD and NZD underperforming in the G10." "Bonds sold off, particularly at the long end, following moves in JGBs (10-year yield +6.3bps), with the Bank of Japan now willing to tolerate greater moves." Adding to this… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
