Trade the USD on the extreme volatility
The Federal Reserve will make its monetary policy statement and announce the official rate on December 19, at 21:00 MT time.
American business group asks Washington to 'utilize every arrow' against China
America needs to utilize every arrow in its quiver for the purpose of ensuring a level commercial playing field in China. That’s what an American business lobby told on Tuesday. They also warned that 2017 might appear to be the toughest year in decades for US companies in the country.
China's policies specially designed to back domestic companies and also create national champions have already narrowed the space for foreign businesses, as the American Chamber of Commerce in China told in its annual business climate report.
Meanwhile, the White House has told that American as well as Chinese officials are fleshing out a promise by leaders Xi Jinping and Donald Trump for a 100-day plan to drop the American trade deficit with China that hit $347 billion the previous year.
However, the chamber told it hoped market access for American companies China would be paid more attention.
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News to trade on December 18
Find out the main market movers for today and the reasons behind the risk-off sentiment!
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