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Members of the Latin American stock market, as investors on the world's largest trading venues, continue to focus on developing trade dispute between the US and China. In the near future, according to Secretary of the Treasury Steven Mnuchin to be an important conversation between leaders of the two countries.
the bidders are also speculation about further monetary policy of the Federal reserve system of the United States. The next meeting of the regulator scheduled for July 30-31. At the moment the majority of experts expect a rate cut by 25 bps from the current level of 2.25-2.5 per cent, and the rest predict a decrease of 50 basis points.
the Latest economic data gave conflicting signals about the state of the U.S. economy, but it does not change the expectations of market participants about reducing the fed rate at the end of this month.
If we talk about internal events in the Latin American region, we can celebrate the news that Mexico intends to reduce the fiscal burden on Pemex oil by $6.7 billion in 2020-2021 years. The authorities are also considering the Supplement plan Pemex and private investment alongside the state to increase oil production.
Market, USA, dollar, oil, ruble, Forex club
Not found economic events 2019-07-19 for 2019-07-19
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