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His fourth national security advisor Trump started with Flynn, the McMaster, followed by Bolton. O’Brien was the special presidential envoy for hostage affairs who has brokered the release of high-profile detainees around the world and worked with Mike Pompeo. He’s pictured above. From Trump: “I am pleased to announce that I will name Robert C.
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USD/CAD closes the gap USD/CAD gapped lower at yesterday’s open on higher oil pries but the move has now almost completely erased. Oil prices are modestly lower today but the catalyst was economic data. Manufacturing sales fell a surprise 1.3% in July compared to a -0.1% reading expected. Plant shutdowns in autos and metals were
Oil Price Analysis and News Oil Watchers Await Saudi Oil Minister Press Conference Oil Backwardation Hints at Lengthy Supply Disruption Crude Oil Watchers Await Saudi Oil Minister Press Conference Geopolitical tensions in the Middle East remain at the forefront of investors’ minds with the Saudi Oil minister scheduled to speak from 18:15BST. It is expected
The Australian dollar is the weakest performing major currency so far today ForexLive The decline comes from a multitude of factors amid weaker Chinese data and yuan fixing but also as the RBA reiterated calls for more easing down the road in its meeting minutes. The currency trades at session lows currently ahead of European
Announcement from the US Department of Justice arrest of Zhongsan Liu, who was charged by complaint for his involvement in a conspiracy to fraudulently obtain U.S. visas for Chinese government employees.   “We welcome foreign students and researchers, including from China, but we do not welcome visa fraud – especially on behalf of a government,”
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In view of its safe-haven status, movements in the Japanese Yen often appear more focused on events outside its border than domestic news, point out Rabobank analysts. They see risks in USD/JPY tilted to the downside.  Key Quotes:  “The two oil linked currencies have taken the lead over the safe havens for now. While the