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Daily Markets Broadcast 2019-06-10

Daily Markets Broadcast

2019-06-10

Wall Street advances as Trump delays Mexico tariffs

Wall Street indices look set for gains today after US Prsident Trump announced late Friday that he would suspend the Mexico tariffs that were due to be imposed today. G-20 warned of escalating hazards from trade and geopolitical tensions. The weak US jobs report on Friday raised expectations of a shift to an easing bias from the Fed.

 

US30USD Daily Chart

[1]

Source: OANDA fxTrade

 

DE30EUR Daily Chart

[2]

Source: OANDA fxTrade

 

CN50USD Daily Chart

[3]

Source: OANDA fxTrade

 

 

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Andrew Robinson

Andrew Robinson [6]

Senior Market Analyst at MarketPulse [7]
A seasoned professional with more than 30 years’ experience in foreign exchange, interest rates and commodities, Andrew Robinson is a senior market analyst with OANDA, responsible for providing timely and relevant market commentary and live market analysis throughout the Asia-Pacific region. Having previously worked in Europe, since moving to Singapore he worked with several leading institutions including Bloomberg, Saxo Capital Markets and Informa Global Markets, proving FX strategies based on a combination of technical and fundamental analysis as well as market flow information. Andrew began his career as an FX dealer with NatWest and the Royal Bank of Scotland in the UK.