This week the Fed raised interest rates as expected, so now the rate is 1.75% and will be increased twice this year. Yesterday during a press conference of the Bank of England they also announced a decision on interest rates. Although there were two supporters skyrocketing, the other board members thought otherwise, so the rate remained unchanged at 0.75%, as expected actually. In spite of this, like the US dollar, the British pound after the publication ebbed.
The White House with their loud statements are quite able to unleash a trade war between the US and China, after Trump's statements that a tax may be introduced in the amount of $50 billion on Chinese imports. Chinese authorities have said they do not want to get into a trade war. However, if this happens, then they will accept the challenge. After an exchange of courtesies between the two countries, energy has increased significantly in price.
