Analysts at Nomura suggest that anecdotal evidence on trade tensions will be a key focus for the Beige Book prepared for the 31 July FOMC meeting. Key Quotes “The minutes from the June FOMC meeting noted that “contacts in some Districts indicated that plans for capital spending had been scaled back or postponed as a result of uncertainty over trade policy.” Any additional evidence on disruptions caused by trade uncertainty will be of interest as the June minutes indicated that “most participants noted that uncertainty and risks associated with trade policy had intensified.” “At the moment, it appears that stimulative fiscal policy is offsetting the Committee’s angst on trade policy. However, further escalation in the US-China trade dispute, with a subsequent response from district business contacts, could eventually begin to tilt the balance of risk to the downside for some participants. However, apart from trade uncertainty, we expect the Beige Book to indicate sustained growth and solid employment gains given strong underlying momentum in the economy.” 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 USD/JPY eases from 6-month tops, just below 113.00 ahead of US data FX Street 5 years Analysts at Nomura suggest that anecdotal evidence on trade tensions will be a key focus for the Beige Book prepared for the 31 July FOMC meeting. Key Quotes "The minutes from the June FOMC meeting noted that "contacts in some Districts indicated that plans for capital spending had been scaled back or postponed as a result of uncertainty over trade policy." Any additional evidence on disruptions caused by trade uncertainty will be of interest as the June minutes indicated that "most participants noted that uncertainty and risks associated with trade policy had intensified." "At the moment, it appears that stimulative… 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.
