Market Comment | NAFTA deal offset slump in China’s confidence data
Published on Monday, October 1, 2018 | Updated on Monday, October 1, 2018
Market Comment | NAFTA deal offset slump in China’s confidence data
Summary
The US and Canada reached an agreement on NAFTA, which jointly with the previous US-Mexico agreement eased trade tensions in North America (see). After the announcement, the US dollar appreciated slightly against other G-10 currencies, with the main exception of the Canadian dollar. Positive news on trade contributed to mitigating the headwinds for risky […]
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BBVA Research
BBVA Research