Trump is still willing to accept a large-scale rescue plan, The remarks of the chief negotiator of the EU bring positive to the "Brexit" trade negotiations

In Daily Market Review, English
22 10 月, 2020

Trump is still willing to accept a large-scale rescue plan
In an interview with Fox News, US President Trump stated that even if the Republican Party opposed it, he was still willing to accept a large-scale rescue plan. His remarks implied that he was inclined to agree to an economic stimulus package of more than $2.2 trillion. Remarks strengthen the market’s expectations that the United States may launch a larger-scale relief program in the short term. Driven by the market’s optimistic investment sentiment, the US 10-year long-term bond yields smoothly rose above the 0.8% level. As for the safe-haven U.S. exchange rate, it fell below the 93 index point. The two have recently shown a reverse trend.

The remarks of the chief negotiator of the EU bring positive to the “Brexit” trade negotiations
Barnier, the chief negotiator of the EU, stated at the European Parliament that the EU’s principles in the negotiations are consistent with respect for British sovereignty. If the two parties are willing to compromise on the basis of the legal text in the future and overcome their differences in the next few days, the two parties will be very close to reaching an agreement. The remarks were seen by the market as a positive signal for the two parties to restart the “Brexit” trade talks, which led to a sharp rise in the pound exchange rate.

 

—————————————————————

Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/

場外式黃金/白銀交易的風險:
场外式黄金/白银交易由 Max Online 提供。 场外式黄金/白银交易涉及高度风险,未必适合所有投资者。 高度的杠杆可为阁下带来负面或正面的影响。 场外式黄金/白银并非受证券及期货事务监察委员会(「证监会」)监管,因此买卖场外式黄金/白银将不会受到证监会所颁布的规则或规例所约束,包括(但不限于)客户 款项规则。 阁下在决定买卖场外式黄金/白银之前应审慎考虑自己的投资目标、交易经验以及风险接受程度。 可能出现的情况包括蒙受部分或全部初始投资额的损失,或在极端情况下(例如相关市场跳空)产生更多的损失。 因此,阁下不应将无法承受损失的资金用于投资。 投资应知悉买卖场外式黄金/白银有关的一切风险,如有需要,请向独立财务顾问寻求意见。