Trump Archives - The Industry Spread

Equities Rebound on Trade Talk Optimism, US GDP Update in Focus

September 27, 2019

US Wall Street yesterday closed on a positive note as USD rose in the international market while investors grew immune to news of Trump impeachment proceedings. As nothing solid on related matters of impeachment hit the headlines it became clear to traders the impact on headlines was nothing more than short term speculation and baseless investor concerns. Further, comments from US President Donald Trump stating that trade deal with China will happen soon helped improve investor risk appetite resulting in the Asian market seeing all major benchmarks and key risk assets trade and close on a positive note earlier in the day.

EURUSD Corrects Lower, US – Sino Trade Talks Ended with no Deal

February 1, 2019

Trade talks in Washington between the two biggest economies ended without a deal. Trump has insisted that if a satisfactory deal is not reached, the tariffs will be imposed at the deadline. The China Caixin Manufacturing PMI came in at 48.3 below analyst’s forecasts (49.5) in January the reading was the lowest since early 2016.