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From the Floor: Trump loosing his allies — #SaxoStrats

Another disappointing Chinese PMI sets a rather careful tone for the outlook of the world economy. In Europe, however, the steam is still on and the ECB's policy seems to be increasingly not fitting into this picture, which is why it might during the upcoming meeting finally change its wording regarding the outlook. The US find itself with a weakened currency and increasingly isolated as Trump aims at pulling out of the Paris climate deal.

11:13 minutes
Tags: china, commodities, eurusd, forex, fx, gold, john hardy, nfp, oil, ole hansen, peter garnry, pmi, saxobank, saxostrats, tradingfloor.com, usdjpy

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