Today the market is waiting for news from Donald Trump. The US Presidential Press Conference about Tariff Policies for Europe is planned. New input data led to higher expectations for a further reduction of rates of FRS in September. Now the question is the answer of China. The first reaction is the point devaluation of the renminbi( yuan). It’s also interesting what the EU’s reaction to Trump’s words will be. The Americans will not rush with the tariffs for European cars, but they can specify the terms of negotiations between the parties in order to reach a compromise. Nervousness in the markets in August will be increased.
02 August 2019
Today the market is waiting for news from Donald Trump.
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