USD weakens as Trump points finger – Investec

Research Team at Investec, notes that the news from across the Pond surrounded Donald Trump’s latest outburst on the US trade policy with China.

Key Quotes

“He said “We can’t continue to allow China to rape our country, and that’s what we’re doing”. Donald has long accused China of currency wars where they manipulate their currency to make exports more competitive globally. It was another eye opener as to how the US Election result has the potential to change the landscape of the global economy.”

UK economy has lost some momentum – BBH

Research Team at BBH, suggests that the investors have been well aware the UK economy has lost some momentum and this understanding was confirmed by last week's estimate of Q1 GDP (0.4%).
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