Central banks around the world have turned dovish with interest rate cut probabilities rising across the board.
View from Berlin: Awaiting developments with stoic silence
The Fed was pushing for two more rate hikes but has not pumped the brakes as a market sell off and pressure from the White House has made policy makers reconsider. Global growth remains sensitive to trade headlines, but recently there has been more positive news as US and China appear to be close to deal.
Next up will be a visit from the Chinese delegation to Washington. This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors.
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BROWN: Awaiting developments of first due process trial
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