Trumps Plays his cards to Re-Negotiate on Trade with China

Daily Update - 27th August 2019

Yesterday’s Market

• Germany IFO Business Climate
• US Non-defense Capital Goods Orders ex Aircrafts

Yesterday’s Explained

Germany IFO Business resulted negative pushing the Euro off the ledge against dollar. While US Non-defense Capital Goods Orders showed large improvements than the previous quarters boosting the dollar across the board.

 

Today’s Market

• Germany Gross Domestic Product
• US Consumer Confidence

Today’s Focus

Gross Domestic Product released is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. The Consumer Confidence released captures the level of confidence that individuals have in economic activity.