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ASandSpider has taken 10th place in Trader Contest Aug 2018

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Can you get over Trump's message?

Yesterday, the President's shock shock led to a steep reversal in the US capital market in the last two and a half hours of the session. Trump talked about introducing China's 200 billion dollar import duties from China, cutting off the enthusiastic feeling about trade relations. Subsequently, even the exit from the WTO was discussed. After an Asian session that came with both China's retaliatory threats and good news, including the raising of the limit from which Chinese income taxes begin. Tod…
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NZD declined due to deterioration in business sentiment

The New Zealand dollar was far worst in the morning this morning, due to the value of the business sentiment indicator that has deteriorated to its lowest level ever since the global financial crisis. The ANZ indicator declined in August to -50.3 from -44.9%, reaching the lowest point in 2008 and exerting substantial pressure on the kiwi. It should be remembered that RBNZ Governor Adrian Orr said last week at the Jackson Hole conference that poor performance of the business sentiment indicator h…
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