The past month has been a challenging one for markets with ongoing uncertainty around international trade, political tensions in Europe and strains in some emerging market economies – factors contributing to US 10 yr bond yields pulling back from recent highs, points out the research team at Westpac. Key Quotes “The US dollar gained further strength, supported by confidence in the US growth story. The Australian dollar declined to US74 ¢ and has further to fall in our view. Financial pressures are evident in China, with the Renminbi weakening and shares declining as China’s growth outlook comes into focus.” “China is experiencing a deterioration in external demand and domestic fixed asset investment, as authorities chart a new course, one that gives greater prominence to the ‘quality’ of growth.” “In Australia, the RBA remains on hold, with it’s central case forecast for growth to be a bit above 3% in 2018 and 2019 unchanged. However, RBA statements recognise some uncertainties, global as well as domestic, including an increase in short-term wholesale interest rates in Australia and the possibility of some further tightening of lending standards in the housing market.” 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 China yet to retaliate against US tariffs – China media revises report FX Street 4 years The past month has been a challenging one for markets with ongoing uncertainty around international trade, political tensions in Europe and strains in some emerging market economies - factors contributing to US 10 yr bond yields pulling back from recent highs, points out the research team at Westpac. Key Quotes "The US dollar gained further strength, supported by confidence in the US growth story. The Australian dollar declined to US74 ¢ and has further to fall in our view. Financial pressures are evident in China, with the Renminbi weakening and shares declining as China's growth outlook comes into focus." "China… Top 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.