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Investors and traders are focused on a postponed House vote to repeal Obamacare.
Analysts debate whether the bill’s defeat would signal trouble ahead for President Trump’s more market-sensitive plans regarding corporate tax cuts and infrastructure spending.
Pundits argue that the hardest is for Congress finish this bill one way or another so it can move forward with tax reform.
A defeat of the bill will potentially blow the tax reform. The cuts in healthcare are meant to be a fraction of the funds to structure and compensate tax reform.
Meanwhile, oil is moving lower and the antipodean currencies (aussie and kiwi) are following the commodity fall.
Dollar/yen is driven by equities and the US 10-year yield. Kuroda said recently that there’s no reason to raise the bank's bond yield targets now with inflation so far from its 2%.
The Article 50 of the Lisbon Treaty is set to be triggered next week. GBP/USD is near 1.25. In an article released on The Japan Times about UK’s EU quit, Kevin Rafferty stated:
UK politicians will face tough negotiations. Management skills are required. Although, leadership is the real call for this moment. And there is a difference between management and leadership.
Rafferty once again:
Analysts debate whether the bill’s defeat would signal trouble ahead for President Trump’s more market-sensitive plans regarding corporate tax cuts and infrastructure spending.
Pundits argue that the hardest is for Congress finish this bill one way or another so it can move forward with tax reform.
A defeat of the bill will potentially blow the tax reform. The cuts in healthcare are meant to be a fraction of the funds to structure and compensate tax reform.
Meanwhile, oil is moving lower and the antipodean currencies (aussie and kiwi) are following the commodity fall.
Dollar/yen is driven by equities and the US 10-year yield. Kuroda said recently that there’s no reason to raise the bank's bond yield targets now with inflation so far from its 2%.
The Article 50 of the Lisbon Treaty is set to be triggered next week. GBP/USD is near 1.25. In an article released on The Japan Times about UK’s EU quit, Kevin Rafferty stated:
After years of fruitless attempts to set up a free trade area in Europe, Britain joined the European Union. As U.S. President Barack Obama noted, the union gave Britain economic and political clout above and beyond its status as a middling former imperial power. But now arthritic Britain imagines it can walk tall without the EU and has voted to leave.
UK politicians will face tough negotiations. Management skills are required. Although, leadership is the real call for this moment. And there is a difference between management and leadership.
Rafferty once again:
Much-maligned former Prime Minister Tony Blair correctly noted that the British people voted without knowing the terms of exit: They should have the right to change their minds when they understand the divorce terms.
