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US and China strike trade accord: what it means for markets

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Manage episode 482892944 series 3413702
Content provided by Ebury FX Talk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ebury FX Talk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

US tariff headlines continue to dominate the narrative in financial markets. Fears over a US recession triggered a sharp sell-off in US equities, Treasuries and the dollar last month. Yet, signs of progress in trade negotiations, particularly following the news of a US-China trade deal, have lifted optimism, and raised hopes that the economic impact of the tariffs will be less significant than initially anticipated.
Meanwhile, the Bank of England cut interest rates by another 25 basis points last week. MPC members appear perhaps as divided as ever over the path ahead for UK rates. The bank’s communications were hawkish, however, suggesting that a “gradual” pace of cuts lies ahead. But, what does this mean for sterling?

We’d like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk

Liked this show? Please leave us a review here – even one sentence helps!

  continue reading

107 episodes

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Manage episode 482892944 series 3413702
Content provided by Ebury FX Talk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ebury FX Talk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

US tariff headlines continue to dominate the narrative in financial markets. Fears over a US recession triggered a sharp sell-off in US equities, Treasuries and the dollar last month. Yet, signs of progress in trade negotiations, particularly following the news of a US-China trade deal, have lifted optimism, and raised hopes that the economic impact of the tariffs will be less significant than initially anticipated.
Meanwhile, the Bank of England cut interest rates by another 25 basis points last week. MPC members appear perhaps as divided as ever over the path ahead for UK rates. The bank’s communications were hawkish, however, suggesting that a “gradual” pace of cuts lies ahead. But, what does this mean for sterling?

We’d like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk

Liked this show? Please leave us a review here – even one sentence helps!

  continue reading

107 episodes

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