020 7898 0500Yesterday, Donald Trump sent a Tweet that said a strike against Syria could be ‘very soon or not soon at all’. Soon after, there was a rise in global stock markets as fears over a Middle Eastern conflict have eased a little. There is obviously still a chance that the US will sanction a military strike on Syria, but for now fears have been abated somewhat.
Initial jobless claims fell to 233,000 from 242,000 the previous time which was positive, although the figure had been forecast to drop slightly lower to 230,000. The dollar strengthened against the euro, but slid quite a bit against sterling. A bit of a topsy turvy day for the greenback in truth.
Today’s key release in the US is the University of Michigan’s preliminary consumer sentiment reading. The question really is whether Trump will fire off another Tweet about the situation in Syria and, if so, how it affects the markets.
