ORBEX: With US-China Done, All Eyes on Brexit Now!The US and China signed a partial deal yesterday, putting a temporary stop to global uncertainty! Without that being the end of the trade war, at least we can now wait and see if China respects the signed terms over the next few months...
Are emerging markets affected by the fresh rhetoric since China is supported, or should we just focus on monetary policy, particularly in South Africa today?
Market participants will now look at the EU and UK for a resolution on the Brexit front. Will the House of Lords prevent a January exit? And how will the EC react about an 11-month transition if they won't?
Watch our analyses on euro-pound and the SA rand!
Timestamp
EURGBP 8H 02:15
USDZAR 8H 04:45
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
