Stock markets climbed Friday before a much-anticipated central bankers’ meeting, as traders digested ongoing ructions in Washington.US President Donald Trump on Thursday berated top members of his Republican party, days after threatening to shut down the government and rip up a key trade deal with Canada and Mexico.His ongoing battle with Capitol Hill has fanned fears the tycoon will not be able to push through his promised tax cuts, deregulation and infrastructure spending programme, which many believe would help fire up the US economy.Heads of central banks from around the world are meanwhile descending on Jackson Hole, Wyoming, for their annual symposium Friday, with investors focusing on Federal Reserve boss Janet Yellen and European Central Bank (ECB) head Mario Draghi.Their remarks will be pored over for clues about plans for monetary policy in two of the world’s biggest economies.”With (Other OTC: WWTH – news) announcements expected from both in the coming months, investors will be looking to their speeches at Jackson Hole — a platform used to prepare markets for policy changes by previous Fed Chairs Alan Greenspan and Ben Bernanke — for similar policy signals,” said Oanda senior market analyst Craig Erlam.
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