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us fed rate cut: Expect first Fed rate cut in July: Steve Englander, StanChart

Steve Englander predicts Fed rate cuts reduced to twice in 2019, with first cut likely in July. Market uncertainty prevails due to inflation concerns, affecting risk trade performance amid slow rate cut expectations. Englander says: "If you were to tell the market right now, cutting rates is out of the picture, we would see the risk trade a lot more poorly than it has so far."

Sources: China s big state-owned banks sell dollars to prop up yuan

Sources: China s big state-owned banks sell dollars to prop up yuan
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Articles and comments by Peter Kinsella

Articles and comments by Peter Kinsella
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