European Open Preview – Markets bounce as trade tensions ease for now
Posted on June 27, 2018 at 7:52 am GMTHere are the latest developments in global markets: FOREX: The US dollar index is down on Wednesday, but by less than 0.1%. It managed to rebound yesterday, recovering some losses from the previous three sessions. The euro was on the back foot yesterday, perhaps amid jitters ahead of the EU summit tomorrow, while the pound retreated as well following some dovish-perceived signals from the BoE. STOCKS: Concerns around an imminent trade war took a back seat yesterday, after the Trump administration hinted it may [..]