The Asian tour of Donald Trump has come to an end. Leaving Asia, the American president said that the rules of trade have changed.
Yesterday Charles Evans, president of the Federal Reserve Bank of Chicago, held a speech at which he indicated an uncertain position regarding the support of interest rate hikes in December, amid fears of a drop in inflation. At the same time, many of his colleagues support the rapid increase in rates and the markets accordingly take this into account.
At the same time, the political tension eased in the eurozone as Germany's GDP data provided effective support to the single currency. It began to grow relative to all major currencies, currently reaching 3-week highs against the dollar. The Euro index reached 2-month highs and is currently trading at 95.21.
Today a number of macroeconomic indicators are coming out in the United States, including the consumer price index and retail sales, which can support the reserve currency.
