WASHINGTON (Reuters) - The U.S. trade deficit increased less than expected in July as both exports and imports fell, suggesting that trade could contribute to economic growth in the third quarter.
LONDON (Reuters) - Sterling consolidated gains on Wednesday, a day after posting its biggest daily rise in nearly two months, as investors trimmed some bearish bets before a parliamentary debate over the government’s European Union repeal bill.
Investing.com - The dollar dipped against a basket of the other major currencies on Wednesday amid heightened tensions in the Korean peninsula and renewed doubts over the outlook for higher U.S. interest rates.
German Finance Minister Wolfgang Schaeuble said there’s “no free lunch” in Brexit talks and that the reality of the divorce is sinking in among U.K. policy makers.
Despite Nigeria exiting recession on Tuesday, the equities market closed in the red, shedding N35bn.
Next trading day's important events
- 12:00 (GMT 3) Eurozone - Gross Domestic Product s.a. (QoQ) (Q2)
- 14:45 (GMT 3) ECB Deposit Rate Decision
- 14:45 (GMT 3) ECB Interest Rate Decision
- 15:30 (GMT 3) ECB Monetary policy statement and press conference
- USDJPY: 109.04
- EURUSD: 1.1919
- S&P 500: 2463.80
- NASDAQ: 6377.79