What you need to know on Monday, August 19
Publish Date : 2019/08/19 - 07:14

What you need to know on Monday, August 19:

Today is a calm day for market, currencies experienced a little change, as US President Donald Trump expressed optimism on reaching an agreement with China. We hear contracting reports on Huawei’s licenses.

Yuan is fixed higher compared to its last week rate.

Peace between Hong Kong’s police and protesters helped market to be more calm.

Europe’s largest economy, Germany – should revise its financial budget after reporting of its second quarter data and may see a recession.

Britain’s government reported that they may face shortage of food, medicine and fuel. Jeremy Corbyn will deliver his speech about their actions to stop hard Brexit.

There is no special news in economic calendar and attention is drawn to the Brexit development.

Source: Fxstreet

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