Thursday is an important day for the global economy, most of the focus will be on U.S. economic developments. U.S. Congress is set to vote on Trump’s tax reform policy later today. Meanwhile, global stocks are looking to improve their performance after recent losing sessions. In the U.K. the Bank of England will give further insights about the economy. These are the big things to know for today’s trading.
Markets are trading mostly lower on Wednesday as stocks and USD look weaker. The Euro is gaining weight on the expense of the Dollar on concerns that trump’s tax reforms will be delayed. Oil prices are also falling at the moment amid doubts made by the International Energy Agency about the tightening of the fuel markets. Elsewhere, the humanitarian crisis in Venezuela is only getting worse. These are the big things to know for today’s trading.
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