Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
The markets are watching recent developments between China and the United States amid the possibility of a trade war after the Trump Administration
The yen hit a 16-month high and the Swiss franc hit its highest level since March 15, amid growing fears of a trade war
The US Federal Reserve announced yesterday that interest rates will rise again from 1.50% to 1.75%
The British pound rose today as the UK wage rate accelerated at the fastest rate in nearly two and a half years,
The US dollar rose at the start of trading today to erase some of its losses ahead of the Fed meeting, which is widely expected to raise interest rates
This week, the markets will be looking at a number of important events and economic data. The most important of which will be the first meeting of Federal Reserve Chairman Jerome Powell.
The US dollar hit its lowest level against the Japanese Yen since early March on the back of the recent turmoil in Trump's administration
The pound fell against the US dollar on speculation that a Brexit agreement would be reached. The GBPUSD reached its highest level since February 27
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