Factbox-UK tax options for finance minister Reeves in November budget

In an exclusive interview with The Wall Street Journal, President Trump revealed he is leaning toward nominating either former Fed governor Kevin Warsh or National Economic Council Director Kevin Hassett as the next Federal Reserve Chairman. Trump emphasized that his choice must be willing to lower interest rates and consult with him on monetary policy….

The EU is hoping to urgently reboot talks on the “reset” of relations with the UK as negotiations are in danger of foundering before a planned July summit. At a public meeting of the EU-UK parliamentary partnership assembly in Brussels, the European Commission vice-president and trade commissioner, Maroš Šefčovič, said both sides had to “change…

Today, Germany’s PMI data was released, according to Forex Factory:→ German Flash Manufacturing PMI: actual = 42.6, expected = 40.7, previous = 40.6;→ German Flash Services PMI: actual = 51.4, expected = 50.6, previous = 50.6. The DAX 40 index (Germany 40 mini on FXOpen) showed a slight intraday increase, which could be viewed positively,…

Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He…