Morning Juice – Europe Session Prep
Good morning, Traders!
It is Tuesday, the 26th of November. Here is what to expect for the day.
Sentiment
Trump pledged greater taxes on China, as well as US neighbours Canada and Mexico, defying predictions that he would modify his trade policy during a second term.
The Dollar rose, reversing a portion of Monday’s fall, as President-elect Trump announced that the US will impose further tariffs on major trading partners.
Hong Kong has become a hub for financial crimes as Beijing tightens its hold on the city, according to US senators, reflecting the deteriorating relationship between the former British colony and Washington.
Kashkari said it is still appropriate to explore another interest-rate cut at the Fed’s December meeting.
Good luck!