Information on these pages contains forward-looking statements that involve risks and uncertainties. Jerome H. Powell took office as Chairman of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. However, to date, this statistic has been more a measure of the extent of the economic recovery rather than its actual pace. Fed Preview: Nine major banks expectations. By Adam Button symposium. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. China retaliates: The country announced $75 billion in tariffs on US goods. FOMC Preview: Action granted, upbeat growth figures to put USD under pressure. This is the fourth consecutive month after two months of contraction and 122 months of growth before that. Scroll through the posts below to see how it unfolded or follow CNN Business. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. US stocks finished deep in the red on Friday, falling sharply amid worries about the worsening relationship between the United States and China. The markets: The Dow dropped more than 700 points after President Trump tweeted about China and the Fed. It also does not guarantee that this information is of a timely nature. 3:59 PM ET Fri, 16 Oct 2020. President Tump's promise earlier this month, majority of the cars they sell to Chinese customers in China. In Europe, the German statistical office released this morning the figures for industrial orders in the country and reports an upward momentum in the industrial sector. China announced this morning it would impose tariffs on $75 billion worth of American goods. This episode did not seem, for the moment, to change the political situation. Upon his return to the White House, he tried to show that luck had nothing to do with his victory over illness. The announcement came after Beijing unveiled a new round of retaliatory tariffs on about $75 billion worth of US goods. While the services PMI deteriorated much more in 2008 than it did this year, this is not the case for GDP, which will contract more sharply in 2020. The US dollar is holding onto Thursday's recovery, The presidential debate was more civilized than the previous one and post-event opinion polls are awaited. The Dow fell 600 points, or 2.3%, today with less than half an hour left in the trading day as the market selloff intensified. He had this to say about President Trump’s tweet calling on companies to stop doing business in China: The National Farmers Union issued a statement today regarding China's tariffs on US goods.

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