Financial markets are on high alert after Donald Trump threatened to impose fresh tariffs on China. The Dollar appreciated amid prospects of higher US interest rates. Although Mario Draghi held a speech at the ECB forum, markets were more concerned with the global trade developments. Gold depreciated despite the risk aversion while Oil slipped ahead of the OPEC meeting on Friday.
– #GBPUSD remains depressed on the daily charts – #Gold has scope to challenge $1264
Financial markets are on high alert after Donald Trump threatened to impose fresh tariffs on China. The Dollar appreciated amid prospects of higher US interest rates. Although Mario Draghi held a speech at the ECB forum, markets were more concerned with the global trade developments. Gold depreciated despite the risk aversion while Oil slipped ahead of the OPEC meeting on Friday.
– #GBPUSD remains depressed on the daily charts
– #Gold has scope to challenge $1264
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