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Fresh trade tensions lurk

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
 

  • 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

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Miguel A. Rodriguez
Miguel A. Rodriguez
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Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.