Swissquote: discount short-term news, focus on central bank policy

Markets search for direction as trade tension lingers and central banks move back into spotlight

Show of strength: Fed says it will act to sustain economic expansion if trade tension weakens economy

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Central bank policy is moving quickly back into the spotlight as prolonged trade tensions between the US and two of its largest trading partners threaten to stifle global growth.

Amidst this backdrop, market participants are watching for any indication of economic growth direction, says Peter Rosenstreich, head of market strategy at Swissquote, which topped this week’s one-month currency forecast table.


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