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WH Econ Adviser Hassett: Slowing of Chinese economy bad for profits of U.S. firms

Kevin Hassett, chair of the White House Council of Economic Advisers, recently crossed the wires with key quotes found below.

  • Slowing of Chinese economy bad for profits of U.S. firms.
  • U.S. economy carrying a lot of momentum, does not see a recession.
  • China economy slowing, could be recession.
  • Apple will do well once China-U.S. trade deal happens.

USD/JPY falls to mid-107s as DXY slumps on disappointing ISM PMI data

After recovering above the 108 handle in the early NA session, the USD/JPY pair lost its traction, once again, and dropped to the 107.50 area as the g
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EUR/USD Technical Analysis: Euro challenges the 1.1400 figure on USD weakness

EUR/USD daily chart EUR/USD is trading in a bear trend below the 200-period simple moving average (SMA). EUR/USD is challenging the 1.1400 figure
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