The Dollar continues to alternate offensive with short-term corrections. The latest spurt can be attributed to the positive news from the US Senate, where Republicans managed to agree on budget estimates for 2018.
Will the ECB Minutes solve the Euro´s controversy?
The world indices are descending from record highs, while the European investors are tensely waiting for the ECB meeting protocol to get more information about the regulator’s intentions to curtail the monetary stimulus.
On Wednesday, Trump presented a bill in which he proposed significant tax breaks for both individuals and legal entities. The reform implies a reduction in income and corporate taxes, as well as the abolition of certain tax benefits.
The rise of gasoline prices is falling short as a result of Hurricane Harvey formed an attractive margin for the US refineries. The situation did not fail to take advantage of the largest Oil refinery – Motive Enterprises
The inflation growth is happening due to the devaluation of the dollar over the past few months. This helped the US currency spend a week in the positive area, but the situation with the primary drivers of growth were disappointing.