Jean-Luc Proutat, Research Analyst at BNP Paribas, notes that in 2018 and with the approach of the mid-term elections, the Trump administration is delivering massive economic stimulus. Key Quotes “Thanks to historic corporate tax cuts, increased military spending and transfers to farmers, which are the first collateral victims of the trade war with China. While supporting the business climate, these actions have exploded the Federal deficit, which actually reports one of its biggest increases ever outside of a recession.” “One could say it is no big deal for the United States, thanks to the dollar’s international status. Yet, the fiscal boost has its limits. In many respects, US policy consists of accelerating an engine that is already close to full speed. As a result, tensions over capacities arise, interest rates pick-up. At 3.23% today, the 10-year Treasury yield reaches its highest level since May 2011.” 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 Technical Analysis: Cable grinding higher as bulls are approaching 1.3200 figure FX Street 4 years Jean-Luc Proutat, Research Analyst at BNP Paribas, notes that in 2018 and with the approach of the mid-term elections, the Trump administration is delivering massive economic stimulus. Key Quotes "Thanks to historic corporate tax cuts, increased military spending and transfers to farmers, which are the first collateral victims of the trade war with China. While supporting the business climate, these actions have exploded the Federal deficit, which actually reports one of its biggest increases ever outside of a recession." "One could say it is no big deal for the United States, thanks to the dollar's international status. Yet, the fiscal… 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.
