News & Analysis

Risk management quick news alert – Trump to take aim at Europe

August 2, 2019

 

After taking Chinese trade wars to a new level yesterday afternoon in the US and sending equity, Fx and commodity markets into a price movement frenzy, it is reported from numerous news sources that the Whitehouse has posted that the President will make an announcement regarding trade with the European Union on Friday afternoon at 1.45pm US EST.

Although obviously the content of this announcement is unknown, the market response may be significant and so it is worth taking this event in your risk management assessment with trades held open over the weekend.

 

Mike Smith

Educator

Go Markets

mike.smith@gomarkets.com

Disclaimer
The articles are from GO Markets analysts based on their independent analysis. Views expressed are of the their own and of a ‘general’ nature. Advice (if any) are not based on the readers personal objectives, financial situation or needs. Readers should therefore consider how appropriate the advice (if any) is to their objectives, financial situation and needs, before acting on the advice.

 

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