U.S. in talks over metals tariffs, says has tools to tackle China (news: 21/03/18)

Today's press

  • WASHINGTON (Reuters) – The United States is in talks with the European Union, Argentina and Australia on granting possible exemptions to steel and aluminum tariffs, Trade Representative Robert Lighthizer said on Wednesday.

  • Wages grew at their fastest rate in more than two years in January, making it more likely that the Bank of England will put up interest rates again in the near future.

  • Late last year, when interest in Bitcoin and its price was at its peak, France’s finance minister suggested that there be a public debate of Bitcoin at the G20 summit which concluded this week.

  • WASHINGTON (Reuters) – The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government spending that could further stoke a robust U.S. economy.

  • Investing.com – Sales of previously-owned U.S. homes rose in February, according to figures released by the National Association of Realtors on Wednesday.

  • Bitcoin's (BTC) three-day winning streak is encouraging for the bulls, but only a quick move above $10,500 would negate the risks of the so-called "death cross."

Next trading day's important events

  • 03:30 (GMT+3) AU – Unemployment Rate s.a. (Feb)
  • 15:00 (GMT+3) UK – BoE Interest Rate Decision
  • 15:00 (GMT+3) UK – Bank of England Minutes

Forex quotes:

  • USDJPY: 106.23
  • EURUSD: 1.2286


  • S&P 500: 2719.41
  • NASDAQ: 7375.38

Source: Alpari

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