OctaFX | OctaFX Forex Broker
Open trading account
Back

US Treasury Sec. Mnuchin: No big issues with regards to supply chains amid coronavirus outbreak

"At this point, we haven't seen big issues with regards to supply chains amid coronavirus outbreak," US Treasury Secretary Mnuchin told Fox Business Network on Thursday and added that he doesn't see China having any issues fulfilling its trade commitments. 

Regarding the US' economic outlook in 2020, "the US won't see 3% growth in 2020 due to Boeing," Mnuchin argued.

Risk mood

The market sentiment seems to be improving with the 10-year US Treasury bond yield turning flat on the day at 1.66% in the last minutes. Additionally, the S&P 500 futures are up 0.35%. 

WTI trims gains and turns negative below $51.00

Prices of the West Texas Intermediate have extended the rebound from recent 2020 lows, although the bull run lost impetus just above the $52.00 mark p
Read more Previous

GBP/USD New York Price Forecast: Pound struggles near multi-week lows, trades sub-1.3000 figure

After the October and December bullish runs, the pound is trading in a rectangle consolidation above the 100/200-day simple moving averages (SMAs).
Read more Next
Start livechat