Analysts at ANZ note that global trade tensions remain elevated and if the US’s Section 232 investigations against autos & parts and tariff threats against China come to fruition, import duties could rise to USD890bn worth of US imports by year’s end. Key Quotes “We would expect retaliatory measures, which would have implications for global trade and investment as well as inflation.” “Global central banks will be cautious in this environment. At this stage, trade frictions are unlikely to derail the Fed from gradual normalisation. China has begun to ease policy, which may frustrate the US administration as financial markets react, particularly the CNY. The ECB is concerned about heightened protectionist measures.” 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 Sources: PBOC plans to ease some capital requirements for commercial banks – Reuters FX Street 5 years Analysts at ANZ note that global trade tensions remain elevated and if the US's Section 232 investigations against autos & parts and tariff threats against China come to fruition, import duties could rise to USD890bn worth of US imports by year's end. Key Quotes "We would expect retaliatory measures, which would have implications for global trade and investment as well as inflation." "Global central banks will be cautious in this environment. At this stage, trade frictions are unlikely to derail the Fed from gradual normalisation. China has begun to ease policy, which may frustrate the US administration as financial markets… 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.
