Mr Schauble, who played a key role in demanding deep and controversial government budget cuts in crisis-hit eurozone countries in the years after 2010, is reportedly to become speaker of the German Parliament
U.S. President Donald Trump will call on Wednesday for slashing tax rates on businesses and the wealthy as part of a new tax plan that is likely to offer few details about how to pay for the cuts without expanding the federal deficit.
LONDON (Reuters) - Growing expectations that the U.S. Federal Reserve will raise interest rates for the third time this year lifted the dollar on Wednesday, and European share prices rose as U.S. President Donald Trump’s administration prepared to outline a new tax plan.
Investing.com - The dollar extended gains against the other major currencies on Wednesday after data showing that orders for long-lasting U.S. factory goods rebounded in August and as investors awaited details of the Trump administration’s new tax plan.
Having successfully defended the key rising trend line support over the last few days, the bitcoin-US dollar (BTC/USD) exchange rate is well bid above the $4,000 mark today.
Next trading day's important events
- 09:35 (GMT 3) Bank of Japan Governor Kuroda Speech
- 11:15 (GMT 3) BOE's Governor Carney speech
- 15:30 (GMT 3) US - Core Personal Consumption Expenditures (QoQ) (Q2)
- 16:30 (GMT 3) US - Gross Domestic Product Annualized (Q2)
- USDJPY: 112.95
- EURUSD: 1.1729
- S&P 500: 2502.88
- NASDAQ: 6420.50