Fresh trade tensions lurk

Fresh trade tensions lurk

 

  • U.S are investigating digital services taxes being adopted or considered by several countries, a move that could heighten trade tensions
  • The AUD surged 1.4% after the Reserve Bank of Australia kept the official cash rate and the 3-year yield target unchanged at 0.25%
  • Crude oil could remain in limbo ahead of this week’s OPEC+ meeting with all eyes on Saudi-Russia negotiations

The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.