Donald Trump Made a Statement

Economic News
19 دسمبر، 2017
Donald Trump Made a Statement

Yesterday the head of the White House, Donald Trump made a statement that the United States must demonstrate to the world its economic prowess and show off its "muscles." In addition, in his speech he drew attention to issues such as the nuclear threat from North Korea, the Russian aggression, international terrorism, and China's growing influence. The US dollar at the moment is stable, and all of investors' attention is focused on the adoption of tax reform and the expectations that the president will sign the bill before the Christmas holidays.

Furthermore, the markets continue to assess the impact of the adoption of tax rules in the state budget and the economy in general. This will stimulate economic growth and attract more investment, but whether such a change will affect future policy and the Fed's decision on interest rates remains unknown. Tax refrom will most definitely affect the budget deficit.

The Federal Reserve still has concerns about the current level of inflation, which has not yet reached the target level of 2%.

However, against the background of these factors stocks of US companies show growth and are expected to increase in value.

Today data will be published about the number of building permits issued to indicate the state of the real estate market. If the output data is above the predicted levels we will see it as another factor in favor of the reserve currency.

SuperForex
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Bitcoin Futures are Live

Bitcoin futures for 2018 are now available on CME.

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