Analysts at ANZ Bank New Zealand, (ANZ), explained that the solid US data helped boost risk sentiment. Key Quotes: “However, it was news that Mnuchin and Liu He are speaking again that sparked a bigger risk rally.” “Markets took some relief on news that trade talks between the US and China could be back on the menu as the US gears up to impose tariffs on another $16b of Chinese imports – a move that will likely be met with an equal-sized retaliatory measure by China. Discussions between US Treasury officials and representatives of Vice Premier Liu He are said to be taking place, but with details lacking and both sides in gridlock.“ “The S&P and DJIA were up 0.6% at the time of writing, led higher by industrials while technology shares were finding some stability.” “Apple will report after the closing bell which may drive direction before the Fed tomorrow. Long end Treasuries followed the JGB move overnight but pared gains on the firmer spending data.” “The US 10-year yield dipped 1bp to 2.96%. The USD was mixed with CAD outperforming on strong GDP data. Higher iron ore prices boosted AUD and JPY underperformed. Oversupply concerns saw WTI dip 2%. Gold was up 0.3%.” 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 GBP/USD finds support above 1.3080, back to 1.3130 FX Street 5 years Analysts at ANZ Bank New Zealand, (ANZ), explained that the solid US data helped boost risk sentiment. Key Quotes: "However, it was news that Mnuchin and Liu He are speaking again that sparked a bigger risk rally." "Markets took some relief on news that trade talks between the US and China could be back on the menu as the US gears up to impose tariffs on another $16b of Chinese imports - a move that will likely be met with an equal-sized retaliatory measure by China. Discussions between US Treasury officials and representatives of Vice Premier Liu He… 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.
