020 7898 0500The biggest ever trade deal was agreed between the US, Canada and Mexico yesterday. At least, that’s what Trump would have us believe. The markets reacted positively and the dollar made some gains against the euro. The trade deal still needs to go through several stages before it is official, but it is widely expected to pass.
Ism manufacturing PMI in September came in at 59.8 against an expectation of 60.1 which was quite a drop from 61.3 the previous month. However, the sector has been showing consistent strength for some time now and, given that any figure over 50.0 shows growth, the release is rather positive.
Today we can expect further reaction to Trump’s press conference yesterday (in which he inexplicably accused a female reporter of never thinking), while tomorrow we will see the unemployment change figures.
