020 7898 0500Dollar weakness was the order of the day yesterday, as it tumbled against sterling and the euro. The moves came despite Mnuchin’s comments over the weekend, where he said that Washington was talking to Beijing to see if a deal could be reached. He did still say that the Trump administration won’t back down though and perhaps the caveat was the bit we should be focusing on. But who knows? Perhaps a crisis can be averted and a trade war won’t occur.
The only release of note today is the consumer confidence for March, but any developments in the US and China trade situation will dominate the economic headlines. Perhaps Trump will Tweet something and blow everything else out of the water.
