Today, August 23, the previously announced duties on Chinese goods for an additional $16 billion entered into force, but the US and China are ready to resume trade talks.
The Federal Reserve will raise interest rates this year, since the economy remains healthy as evidenced by the report of the last meeting of the Federal Reserve. Furthermore, the White House spokeswoman Sarah Sanders stated that she does not know the contents of the conversations between Donald Trump and Jerome Powell on this matter. Recall that in a recent interview Donald Trump condemned the policy of the Fed and said that for economic growth, he would need a weaker dollar.
After the release of yesterday's report to the US on crude oil reserves, energy prices began to rise, so the price of the Brent crude oil reached $75 per barrel.
Despite the weakening of the reserve currency, gold prices remain below the psychological mark of $1,200 per troy ounce.