[PODCAST] US Open Rundown 12th September 2019
12 Sep 2019, 11:56 by Newsquawk Desk
- US President Trump announced he is to delay the next round of tariffs on USD 250bln of Chinese goods to October 15th from October 1st
- China’s MOFCOM say Chinese firms have begun inquiring on prices for US farm purchases and China and US are in communication regarding high-level talks
- OPEC+ are holding discussions over whether to enhance compliance with oil cuts according to sources, though Russian Energy Minister Novak says its too early for the discussion on extending this to 2020
- EUR/USD remains above the 1.10 mark ahead of today’s ECB decision, having touched 1.1033 at best so far while Bunds have been volatile but are now little changed
- Looking ahead, highlights include US CPI & Initial Jobless Claims, ECB & CBRT Rate Decisions and supply from the US