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    Daily Report – Monday 24th September

    THE DAILY REPORT

     

    THE DAILY REPORT
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     Risk Events 
       EUR     IFO - Business Climate 18:00 
                          IFO - Current Assessment 18:00  
            IFO - Expectations 18:00 
    CAN    Wholesale Sales (MoM) 22:30

    USD   Chicago Fed National Activity Index 22:30

    Major Bloomberg & Reuters News

    Bloomberg
    Tariff Deadline Nears as China Cancels Trade Talks With U.S.
    The U.S. and China are hours away from a new round of tariffs on each other’s goods, with no improvement in relations between the two rivals in sight.
    In a significant escalation, $200 billion of Chinese products will be subject to tariffs from 12:00 a.m. Washington time on Monday, on top of the $50 billion in goods already slapped with tariffs actions in the year.
    The combined $250 billion in products facing levies is almost half the value of imports from China last year. Meanwhile, $110 billion of goods from the U.S. will become subject to Chinese tariffs around the same time, or about 70 percent of the value of goods it bought from America in 2017.

    (Times In AEST)

    Trading FX and CFDs involves a substantial degree of risk and should only be undertaken with risk capital. Please refer to our website www.forexct.com.au for a copy of our PDS & FSG. Forex Capital Trading Pty Ltd (“ForexCT”) provides general advice that does not take into account your objectives, financial situation or needs. The contents of this newsletter do not take into account the personal circumstances of any individual investor. Investors do not own or have rights to underlying assets. ForexCT is regulated by ASIC (AFSL 306400, ABN 69 119 086 270). ForexCT’s AFS license and Australian regulation only applies to the financial services being offered in Australia only.

    ForexCT and its related entities do not warrant the accuracy or completeness of the information contained in this newsletter and shall not be responsible or liable for any loss or profit whatsoever which may arise directly or indirectly from any use or reliance upon any information in this newsletter. Any person acting on the information in this newsletter does so entirely at their own risk. Any analysis, opinion, commentary or research in this newsletter is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell any financial product or instrument.  You should always seek independent financial advice.

    The trade signals above reflect Trading Central's judgement as at the time the information was prepared under the Terms and Conditions set by Trading Central. ForexCT and its related entities do not warrant the accuracy or completeness of the information contained in this newsletter and shall not be responsible or liable for any loss or profit whatsoever which may arise directly or indirectly from any use or reliance upon any trade setup, statement, opinion or omission.

    Posted: September 24, 2018 | 2:59 AM