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Fed Cut Bets won't disappear just because Trump and Xi played Nice @ Forex Factory



From bnnbloomberg.ca

It may take more than a few friendly words between US President Donald Trump and the Chinese leader Xi Jinping to significantly reduce bond traders' bets on the Federal Reserve interest rate cuts. The United States and China declared a ceasefire in their trade war on Saturday, heavy on hoopla, but light on details. While the positive sounds of the Osaka Summit in the 20s will support the appetite risk, at least initially the uncertainty of still unresolved trade disputes and the economic outlook could return to cloud investor sentiment. This Friday's US job report can provide more evidence of US state … ( full story )


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